Standard KYC to use Fast Track KYC AI eligibility system

Source Cryptopolitan

Pi Network will incorporate artificial intelligence (AI) into its Standard Know Your Customer process. The same technology has already been tested in its Fast Track KYC system, launched in September. 

According to a blog post from the development team, Pi will use AI in KYC to accelerate identity verification and clear migration bottlenecks for millions of users preparing for the Mainnet.

The Standard KYC mechanism is the most used gateway for Pioneers to move their accounts to Mainnet, so the Pi Core Team is tapping AI to help the system process applications to reduce the queue of KYC submissions awaiting human review by half.

Standard KYC to use Fast Track KYC AI eligibility system

Under the Standard KYC model, anyone joining the network needed at least 30 mining sessions before submitting a Standard KYC application. September’s Fast Track KYC debut removed that barrier for early identity verification for users with fewer than 30 mining sessions, even for individuals who were not yet active Pioneers. 

Pioneers who qualify see the option directly in the Pi Wallet app, and once approved, they can activate their Mainnet wallet. After several months of observation, Pi Network has decided to merge the underlying AI technology from Fast Track KYC into the larger Standard KYC workflow for migration.

Per the project’s developers, AI improves system capacity by helping resolve shortages of validators in certain regions, which had slowed migration in markets with fewer participants able to process data. 

It also reduces the load placed on human validators and lowers the amount of information shown to them. Sensitive data had already been redacted before this update, and the new process shows even less but accurate information.

“Since the AI reviews are purposefully set to be very conservative to prevent false positives, any unsure cases are still further routed to human validators for further verification and determination, and for reducing the AI’s false negatives, or cases that should be passed but were rejected by AI,” the team wrote in a blog post.

Human validators will still be involved in reviewing complex or uncertain cases, but automated reviews could free a pool of people for new services within the ecosystem, such as human feedback for AI models and its training.

Pi network schedules rewards for validators

In their latest blog page, the Pi team mentioned the distribution of rewards for the validator community is ongoing, with the first payment cycle requiring a detailed audit and assessment from task data generated since 2021. 

Engineers are processing hundreds of millions of validation tasks conducted during different stages of the system’s development, including beta periods, testing phases, bootstrapping phases and the current scaled environment. They also must account for discrepancies based on task type, quality and outcome.

Developers say the validator reward program will have a fair distribution model that respects differences in work volume and quality. Validators must build an architecture capable of delivering rewards to Pioneers and supporting future cycles, and the distribution system will go live by the end of the first quarter of 2026.

The project is asking around three million people with Tentatively KYC’d statuses to submit required liveness checks in the app. 17.5 million Pioneers have fully passed KYC, while 15.7 million have migrated to Mainnet. 

PI price tanks 4.8% in 24 hours

The PI token recently fell below its 30-day simple moving average of $0.232 and is now approaching a double-top neckline at $0.204. In the last 24 hours, the coin has shed almost 5% of its value, taking the total weekly losses to 10.71%.

Pi Network’s parent company, SocialChain Inc., is facing a lawsuit from Arizona resident Harro Moen filed in the US District Court for the Northern District of California in late October, set for a hearing on December 23.

Moen is suing SocialChain for an unauthorized transfer of roughly 5,137 Pi tokens from his wallet. The plaintiff further claims he incurred financial losses from the “collapse in token value,” saying that when PI dropped from its “real value” of $307.49 to $1.67, he lost nearly $2 million.

Sharpen your strategy with mentorship + daily ideas - 30 days free access to our trading program

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Natural Gas sinks to pivotal level as China’s demand slumpsNatural Gas price (XNG/USD) edges lower and sinks to $2.56 on Monday, extending its losing streak for the fifth day in a row. The move comes on the back of China cutting its Liquified Natural Gas (LNG) imports after prices rose above $3.0 in June. It
Author  FXStreet
Jul 01, 2024
Natural Gas price (XNG/USD) edges lower and sinks to $2.56 on Monday, extending its losing streak for the fifth day in a row. The move comes on the back of China cutting its Liquified Natural Gas (LNG) imports after prices rose above $3.0 in June. It
placeholder
The dollar weakened, equities dipped, and gold hit record highsThe dollar weakened, equities fell, and gold set new records on Wednesday as investors waited for a Fed rate cut later in the day.
Author  Cryptopolitan
Sep 17, 2025
The dollar weakened, equities fell, and gold set new records on Wednesday as investors waited for a Fed rate cut later in the day.
placeholder
ECB Policy Outlook for 2026: What It Could Mean for the Euro’s Next MoveWith the ECB likely holding rates steady at 2.15% and the Fed potentially extending cuts into 2026, EUR/USD may test 1.20 if Eurozone growth proves resilient, but weaker growth and an ECB pivot could pull the pair back toward 1.13 and potentially 1.10.
Author  Mitrade
Dec 26, 2025
With the ECB likely holding rates steady at 2.15% and the Fed potentially extending cuts into 2026, EUR/USD may test 1.20 if Eurozone growth proves resilient, but weaker growth and an ECB pivot could pull the pair back toward 1.13 and potentially 1.10.
placeholder
Gold Price Forecast: XAU/USD opens lower around $4,450 on fears of widening Iran conflictsGold price (XAU/USD) opens over 1% lower to near $4,445.00 on Monday, as oil prices have rallied further on fears of further widening of conflicts in the Middle East. WTI Oil price is up almost 3% above $102.50 in the opening trade, increasing fears of higher inflation expectations globally.
Author  FXStreet
Mar 30, Mon
Gold price (XAU/USD) opens over 1% lower to near $4,445.00 on Monday, as oil prices have rallied further on fears of further widening of conflicts in the Middle East. WTI Oil price is up almost 3% above $102.50 in the opening trade, increasing fears of higher inflation expectations globally.
placeholder
Gold rises on softer US Dollar, traders await Trump's address on Iran warGold price (XAU/USD) extends the rally to near $4,775 during the early Asian session on Thursday. The precious metal surges amid a weakening US Dollar (USD) and cooling geopolitical tensions in the Middle East.
Author  FXStreet
6 hours ago
Gold price (XAU/USD) extends the rally to near $4,775 during the early Asian session on Thursday. The precious metal surges amid a weakening US Dollar (USD) and cooling geopolitical tensions in the Middle East.
goTop
quote