Crypto Giant Bitmain Open Sources KYC Software Tool ‘Coconut’

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Bitmain, the world’s largest crypto mining firm, has opened the code for its privacy-centric know-your-customer protocol (KYC), called Coconut. Coconut uses Intel’s Enhanced Privacy ID for authentication and separates the management of identifying information and information needed to conduct business. Coconut is a response to industry fears that KYC demands might potentially compromise user identification,

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