How can you evaluate your ability to protect users from frauds and hacker attacks? As a company, planning to work worldwide you should find the best professionals in this area.
Thank you for the question.
FraudAll shops/dealers will be moderated, there will be a way for a user to report fraud related actions by dealers. Basically we will use the same ways other e-commerce platforms use. In our case a rating score of the shop/dealer (as well as the buyer) will be reflected on blockchain, this will be another means of fraud control and identification. Low rating score will show how trustable the shop/dealer/buyer is, unreliable parties won't be welcomed for any cooperation. And one more thing: all sellers/dealers/shops will have to provide their KYC for verification, this will be another means of protection from fraud.
Another key feature of our platform is a built-in escrow system that doesn’t release funds until a product is received. This means that merchants only receive funds after a customer has verifiably received their product, adding another layer of security to Gem4me Market Space.
HackersBlockchain technology means that Gem4me Market Space’s records cannot be hacked in any meaningful way. Records of transactions, purchases, sales, remittances and other data are effectively indelible. Mistakes can happen due to human error - but you virtually cannot lose money to malicious individuals while using Gem4me Market Space correctly.