KCN: Why Giant Does Not Need KYC

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This material explains how the ‘Know Your Client’ principle is not applicable to the Giant blockchain and Giant.Exchange — the first decentralized application based on this environment. What prevents financial crimes on Giant.Exchange:
currency conversion is not available...
high masternode price barrier for rogue Brokers and Oracles...
the prohibition to use one masternode for multiple accounts...
funds availability confirmation..
Brokers can only change the basic parameters of a binary option contract..
Oracles can only change the data source Api...
smart contract votes with all other masternode owners participating...
user reputation system...
This leaves only one opportunity for criminals — to hack our platform and/or Giant blockchain. As you might deduce, Kyc has never stopped hackers from stealing bank funds. Decentralization is what can completely eliminate a single point of hacking and solve other different security issues.

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Info:https://medium.com/giantcrypto/why-giant-does-not-need-kyc-473e020db1bf