A somewhat tangential question: what are the ways KYC can be made less vulnerable to identity theft? Do people who verify the uploaded document use some automated government services to check for stolen documents?
It seems like a process like the one in this flow (upload a document and a selfie) is useless if a document is stolen (since in most cases you can just look up the person's social account and download their selfie). And even worse, it would give a badge of authenticity to the scammer.
And if the backend people do use some government service to verify the document, then what is the value of submitting a selfie?
A somewhat tangential question: what are the ways KYC can be made less vulnerable to identity theft? Do people who verify the uploaded document use some automated government services to check for stolen documents?
It seems like a process like the one in this flow (upload a document and a selfie) is useless if a document is stolen (since in most cases you can just look up the person's social account and download their selfie). And even worse, it would give a badge of authenticity to the scammer.
And if the backend people do use some government service to verify the document, then what is the value of submitting a selfie?