Crypto Giant Bitmain Open Sources KYC Software Tool ‘Coconut’

Crypto Giant Bitmain Open Sources KYC Software Tool ‘Coconut’

Advertisement 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…