Will one of the participants in this system evaluate by rating and what measures will be taken to ensure the security of transactions?
All the users of AraneoBit system will pass several
basic levels of verification:
● they will submit a photo with their passport;
● they will need to attach their bank card (several bank cards can be attached);
● they will have to submit their driver’s licence (if available);
● they will provide links to their social networks;
● they will sign a consent to personal data processing;;
● they will sign a formal offer that AraneoBit company does not bear any responsibility for the location where the meeting will take place.
AraneoBit system will automatically block all unscrupulous participants of the transactions
after the first failed order.
To store the information about the users we will sign a contract with the service of
personal data storage. Also, all the information about the transactions will be recorded in
blockchain.
There is an anti-fraud system based on the scoring system inside the service. The initial scoring process will be made using these ways:
● after the transaction completes, AraneoBit system will suggest the users to
evaluate the other side on a 5 point scale — the evaluation will build a trust rating
of the user;
● all the registered users of the system will be offered to submit the surveys; the
number of submitted surveys will build the loyalty factor of the participant;
● the users who will purchase the product with the bot in the online store will also
gain points for the loyalty factor.