According to the Local Ethereum blog, Local Ethereum is developing an identity verification solution designed to combat fraud. This new solution is not KYC, but allows users to share identity documents directly through encrypted messages. Specifically, traders can choose to share their name with another user in a more secure way, and prove that they are themselves without revealing the original document to the other party or revealing their name to LocalEthereum. first name. It is reported that Local Ethereum is a peer-to-peer ETH trading platform that enables buyers and sellers to directly conduct ETH and cash transactions.