Datum KYC Procedure

KYC verification is now available as part of the whitelist process. It is also required for participation in the Token Sale, starting Oct 29, 13:00 UTC.

If you already registered for the Datum Token Sale Whitelist please proceed to datum.org to pass the KYC verification.

If you have not yet whitelisted, do so at datum.org before the Token Sale to ensure you are ready to participate as early as possible — when you can get the biggest bonuses.

Why KYC?

“KYC” means Know Your Customer and is a process that has become mandatory for many financial transactions over the last years. Regulators mandate banks and other financial entities to verify the source of funds and know who their customers are. This process is commonly known as KYC. Datum is aiming to build the world’s largest data marketplace, to achieve this we need to convert a part of the raised funds into fiat and be able to bank this fiat on a bank account in order to pay salaries and other expenses. Our bank has indicated that funds that were not raised from sources that went through KYC would not be accepted. Hence we have to perform KYC verification on all contributions in the Datum Token Sale. We are not fully in favor of doing KYC, there are arguments for and against it, but the current regulatory situation demands that KYC has to be performed and we do not want to jeopardize the roll out of Datum by not doing it.

KYC Process

All contributors in the Datum Token Sale must register for the Whitelist through https://datum.org/?w=1 and pass KYC verification as well as register their ETH address. Any contributions coming from ETH addresses not registered for the Whitelist will be rejected.

In order to pass the KYC verification you need the following 2 documents:

Proof of Identity

Must be a valid (i.e not expired) government issued photo ID. We accept the following:

• International Passport (data page with photo)
• National ID Card (both sides)
• Permanent Driver’s License (both sides) (with photo only)

Proof of Address

We accept the following: (must be issued within 3 months)

• Bank statement
• Utility bill
• Tax return, property tax bill
• Election/Voters ID
• Official Government letters

Your documents are stored exclusively and securely by Datum Network GmbH and will only be reviewed and verified by employees directly employed by Datum and are only used for the purpose of verification for the Datum Token Sale. In comparison, many commercial KYC providers outsource verification of your personal identification documents to offshore staff in India and elsewhere. We don’t think that’s right.

Learn More

For more information about Datum:

• Register for the Token Sale Whitelist here
• Check out our white paper
• Subscribe for email updates
• Join us on Telegram
• Follow us on Twitter and Facebook

Roger Haenni has experience in a wide range of technologies and programming languages and is a Co-Founder and CEO of Datum