As long as devs could be identified properly (ID selfie + ID closeup + small payment with card in same name) and students do the same with a smaller amount, I t

As long as devs could be identified properly (ID selfie + ID closeup + small payment with card in same name) and students do the same with a smaller amount, I think that could work. Refund of protection deposit when you close your account. System of honor based on account age. The problem is it's incredibly hard to properly ID people. If fraudsters can get an ID+card they can make a convincing fake selfie ID photo from social media pictures. Plus accounts can just be stolen.