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Title: Solutions to online fraud? Post by: Ladysmith on September 25, 2018, 04:47:29 PM Crypto and e-commerce open up limitless financial opportunities for anyone with a little capital, but they also pose some issues when it comes to the authenticity of the traders and companies.
https://www.experian.com/blogs/ask-experian/ecommerce-fraud-what-it-is-and-how-to-protect-yourself/ "Javelin Strategy reported that criminals stole $16 billion via identity fraud in 2016 and e-commerce fraud increased more than 30% in the first six-months of 2017 according to Experian." Are there any platforms that can filter out genuine websites based on user opinion and classify them by customer satisfaction and product quality? If not, do you think this is a necessity for AI? Maybe trustworthy e-commerce giants such as Amazon will take over all markets anyways.. Title: Re: Solutions to online fraud? Post by: TECSHARE on September 25, 2018, 06:47:20 PM We need to build ACTUAL trust networks. I don't mean just rating people based on their trade history, I mean build systems that incentivize people to build actual human trust networks. This is how economies become robust and grow, and is what cryptocurrency lacks.
Title: Re: Solutions to online fraud? Post by: Sealis on September 26, 2018, 10:05:38 PM People need to grow up and stop wanting so much. It'll come back to them in the end after all. Although trust is the foundation of good trading, there has been no way yet to secure the trust of each other in transactions and the like. We had trust before in banks and others because of their security, however, bitcoin does not have such a thing because it is a decentralized system. Thinking up of a way to build up trust without making customers fear the power is a difficult thing to do since humans are naturally like that, without fear, they can do anything.
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