Blockchain-based reusable KYC: the “breakthrough” for Web3 security

The CEO of Cheqd, Fraser Edward, explained how blockchain-based reusable KYC would become the “breakthrough” for security in Web3.  The rationale is that it would improve the user experience while also unlocking new use cases.  “Blockchain-based reusable KYC is particularly valuable in Web3”: word from Fraser Edward In an interview with Bitcoin.com, Fraser Edward, CEO and co-founder of the public permissionless network Cheqd, spoke about blockchain-based reusable KYC, describing it as “particularly valuable in Web3.”  Specifically, Edward talked about how the mandatory process of identifying and verifying a customer’s identity when opening an account, KYC (or Know Your Customer), would