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by jakereps 1322 days ago
Not to detract from the project itself, but neither this HN post or the GitHub repo ever define any of the initialisms in use. Being slightly unfamiliar with what KYC/KYB even stand for, I had to guess and search all around the docs for clues that my guess was correct. Might be worthwhile to add a single expansion somewhere.
3 comments

Thanks, yeah you’re right, we’ll add it to our GitHub readme page. And for the rest, I’ll just add here that KYC/B stands for “Know your customer/business” and it is common in the onboarding process of financial services, healthcare, gambling, education, etc. in which a company is gathering information/documents and verifying who they give service to.
KYC is such a recognized term that it has surpassed its spelled out meaning, like radar or CAPTCHA.
I didn't know what KYC meant until I worked in fintech.
If you have to ask.
Yeah, we can't have people trying to learn here, this is a site for hackers! (\s)