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📚 Glossary Term

KYC (Conoce a tu Cliente)

Proceso obligatorio de verificación de identidad de clientes que realizan las plataformas centralizadas.

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KYC (Conoce a tu Cliente): what is it?

Proceso obligatorio de verificación de identidad de clientes que realizan las plataformas centralizadas.

🎯 Key Takeaways & Use Cases

✓KYC verifies identity to prevent illicit activity, now standard across many Solana protocols.
✓Modern KYC on Solana embraces privacy via encrypted storage and zero-knowledge proofs.
✓Enables access to regulated products, fundraising, and certain DeFi/NFT services.
✓Reusable, on-chain KYC credentials

💡 Real-World Examples

Ondo Finance on Solana requires KYC before purchasing regulated yield-bearing assets.
GoFundMeme integrates Civic-based KYC within smart contracts to ensure fundraising participants are real people.

⚡ Pro Trading Tips

▸Always review the security and privacy policies of any KYC provider or protocol before submitting personal data.

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