Does the ID work for KYC in exchanges?
The Palau Digital Resident ID is a government-issued ID and can be used for any requirement necessitating a government-issued ID. Palau is a sovereign nation and its ID card is sovereign-backed.
Because the RNS ID is a newly-introduced form of identity, some legacy systems have not updated their support for the ID.
What is RNS?
RNS (Root Name System) is the digital identity platform developed to support the application and issuance of sovereignty-backed digital IDs.
RNS.ID is a Sovereignty-Backed Identification Card supported by Blockchain and Web 3.0. The Republic of Palau has launched a digital residency program with the help of Cryptic Labs. We are going to be digging into the process, going through the documents and FAQs, and providing all the information we can as we go through the process.
Subscribe:
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Check out the Cointelegraph Announcement Article:
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RNS ID
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Here is an invite link to the website to get on the list
RNS.ID INVITE:
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Cryptic Labs Website:
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Visit Hodl & Shill Online:
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LinkTree:
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#RNS #PALAU #DIGITALResidency #Crypto
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Disclaimer: All of this is for educational and entertainment purposes only. None of this should ever be considered financial advice. I include referral links from time to time if there is something I am talking about or using in the videos.
#RNSID #PALAU #DigitalID
