Crypto

Upcoming Social Platform Voice Will Seemingly Require KYC Verification

A lot of EOS users had high hopes for the Voice platform. While that project will still launch, it seemingly doesn’t have further ties to the EOS blockchain at this time.

A lot has been said and done regarding the Voice project.

Voice is Getting a lot of Negative Attention

It is designed to revamp social network using blockchain technology and incentivization.

This is not a new business model, although it is an area that certainly needs more competition. 

Why Voice will not launch on EOS, is still a bit of a mystery.

There don’t appear to be any scaling issues, albeit it was a decision by the project developers regardless.

Some users are now concerned over how this new social platform is supposed to work.

Related Post

Rather than simply giving users full control, it appears that a verification procedure will be in place.

That includes verifying real names, as there will be no aliases or anything along those lines.

Moreover, the KYC steps include providing a photo ID and proof of address.

Without following these steps, users will not be able to make use of what Voice has to offer.

As such, it is easy to see why some people are worried and dismayed over what is happening.

How all of this will affect the future potential of Voice, remains to be determined. 

JP Buntinx

JP Buntinx is a FinTech and Bitcoin enthusiast living in Belgium. His passion for finance and technology made him one of the world's leading freelance Bitcoin writers, and he aims to achieve the same level of respect in the FinTech sector.

Share
Published by
JP Buntinx

Recent Posts

10 Trusted Cloud Mining Platforms to Earn Free Bitcoin Daily in 2026

  Cloud mining continues to gain massive traction as 2026 inches closer. In tough economic…

7 hours ago

Jupiter Pushes Onchain Finance Forward With Its Biggest Upgrade Wave Yet

Solana Breakpoint wasn’t just another conference this year. It doubled as a stage for Jupiter…

22 hours ago

Ripple Payments Lands First European Bank With AMINA Bank AG

Ripple has scored a major regulatory milestone in Europe. AMINA Bank AG, a Swiss-regulated digital…

22 hours ago

a16z’s 2026 Crypto Vision: Stablecoins Surge, Tokenization Grows, and Asia Becomes the Next Battleground

a16z just dropped its annual report, and the message is clear: crypto isn’t slowing down.…

2 days ago

Ethereum Activates BPO-1 Upgrade, Boosting Blob Capacity and Expanding the Network’s Scaling Roadmap

Ethereum has activated BPO-1, a protocol adjustment that increases blob capacity per block from 6…

2 days ago

CryptoBench: AI Meets DeFi, Head-On

CryptoBench just landed. Developed by ChainOpera AI and Princeton AI Lab, under the guidance of…

3 days ago