Bitmain, the world’s largest crypto mining firm, has opened the code for its privacy-centric know-your-customer protocol (KYC), called Coconut. Coconut uses Intel’s Enhanced Privacy ID for authentication and separates the management of identifying information and information needed to conduct business. Coconut is a response to industry fears that KYC demands might potentially compromise user identification,

The post Crypto Giant Bitmain Open Sources KYC Software Tool ‘Coconut’ appeared first on CCN

This article is originally written and posted on https://www.ccn.com/crypto-giant-bitmain-open-sources-kyc-software-tool-coconut/.  Visit https://www.ccn.com/ today for all Crypto News and Information.

Leave a Reply

Your email address will not be published. Required fields are marked *