Amazon Implements PI-KYC Process for Identity Verification - hokanews 

hokanews.com - Amazon, as one of the world's largest e-commerce platforms, has recently taken a significant step by implementing a stricter identity verification process. They have introduced the PI-KYC system, requiring all accounts registering to sell on their platform to undergo the kyc.pi process. During this process, each account will incur a fee of $40 upon registration.

Amazon's decision to implement PI-KYC marks a substantial push towards strengthening security and ensuring trust within their e-commerce ecosystem. This move indicates Amazon's commitment to addressing security issues and the authenticity of seller accounts on their platform.

What's even more intriguing is the KYC (Know Your Customer) process integrated by Pi Network, which has the ability to read identities from various countries worldwide, operating on blockchain web3.0 technology, and aligning with international standards. This showcases how blockchain technology is increasingly being adopted across various facets of life, including identity verification processes on leading e-commerce platforms like Amazon.

Dr. Nicolas, a key figure behind this development, has promised to bring forth further information in the coming days. This creates anticipation for the potential significant changes in how sellers interact with Amazon, as well as how it will impact users and the sales ecosystem on the platform.

These changes not only signify an evolution in e-commerce security but also illustrate a shift towards a more transparent and trustworthy system for users. By integrating blockchain technology into the identification process, Amazon strives to ensure data security and enhance customer trust.

Stay tuned for further updates on how Amazon's significant step in implementing PI-KYC will shape the global e-commerce landscape.

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News 📰: Amazon has applied the pi-kyc process to the system identity verification system on their website. All accounts registered to sell must pass kyc.pi and will cost $40/account upon registration.
Therefore, new registered accounts or existing vendors on Amazon must pass the… pic.twitter.com/88NnMUARr3

— Thụ π (@DucThu82) November 25, 2023