Is there anything like trust score exists in crypto payment systems?

[Brushless4500KV 4214]

You might be familiar with a useful criteria in some fiat payment processors. If you have worked with Perfect Money payment gateway, you may have noticed that there is something called trust score for any account owner. Trust score is a number that shows how trustworthy the owner of each account is. If you receive money from scammers, your trust score will reduce or if you do any kind of fraudulent activities you will lose points too. What is the benefit of this system? If anyone wants to send or receive money from you, he will look at your trust score and if it is high, he knows that you are a reliable person or you are less likely to be a scammer.

I was thinking about if such scoring system exists in any crypto payment system or not. I think trust score is something essential in the anonymous world of crypto because it lets you know if the unknown person who sits behind another computer can be trusted or not. In fact this number shows how successful a particular person has been in his/her transactions which is a good measure for detecting scammers.

If you know any crypto payment system with the same idea, introduce it in this topic.

 

[fuer44 1083]

50/50
First, the transaction cannot be canceled when it has been confirmed, and it will be detrimental to the person who wrote the wrong address because the asset cannot be returned. second, still vulnerable to hacking. but on the bright side, this crypto transaction is very fast and simple.

[thiscomm 306]

I think if it is implemented in a crypto payment program it will reduce the circulation of scams. if this is good for crypto development why not try to use it. but it seems like this will create a new debate because I'm sure there will be some people who disagree with something like this.

[Laboni 755]

Yes, of course, there is something like a score of trust in crypto payment systems. Because crypto is the best and most reliable payment system. Everyone knows this and many have benefited from this payment system.

[sdsonjoy50 886]

No score is given for believing in crypto, no crypto wallet could start it, but in the future, such a system could come up with crypto wallet companies.

[Brushless4500KV 4214]

9 minutes ago, thiscomm said:

I think if it is implemented in a crypto payment program it will reduce the circulation of scams. if this is good for crypto development why not try to use it. but it seems like this will create a new debate because I'm sure there will be some people who disagree with something like this.

Yes, I agree with you about reducing scams. This kind of program is like rating people based on their behaviors. I have seen the same thing not only in payment processors but also in many services and shops. You always buy from a shop which has received the highest number of star ratings. Even crypto exchange websites have ratings and rankings. You definitely prefer an exchange with higher rating to the one with lower rating. So, if we rate services and shops, why don't we rate crypto users?

If we have a rating system in crypto payments, when anyone scams people once or twice, he will receive negative points and when his trust score goes down, people will never send or receive money from him and he is forced to leave crypto payment system. This way people will be encouraged to gain the trust of others.

 

[tienda 8776]

Yes of course I agree with some members about cryptocurrency is the best and most reliable payment system. But right now there are a lot of companies who are afraid to adopt Bitcoin or other crypto to they system payment because price volatile., maybe in the future will be the first and favorably than fiat.

[Saifchy 94]

yes of course we can trust to this crypto world. This is the most reliable site of mining on internet. Many people have benefitted with it and many are getting benefit. 

[AL SHAIMON 1293]

It is a matter of sorrow that there are no trust score system in crypto world. But I think in future when all country will accept bitcoin there will be trust score system in cryptos. So we need to wait till then. 

[Naga 1250]

29 minutes ago, AL SHAIMON said:

It is a matter of sorrow that there are no trust score system in crypto world. But I think in future when all country will accept bitcoin there will be trust score system in cryptos. So we need to wait till then. 

Well correct me if I'm wrong but isn't reviews actually count as trust score? Whether its for exchanges or for websites or online wallets we have big telegram communities that always help with feedback if needed. 

[AL SHAIMON 1293]

12 hours ago, Naga said:

Well correct me if I'm wrong but isn't reviews actually count as trust score? Whether its for exchanges or for websites or online wallets we have big telegram communities that always help with feedback if needed. 

Can you please give me your telegram link? It will help me a lot to know more about trust score and many things. I hope you will give me your telegram channel link. Thank you advance.

[Fatihgani12 348]

Well this site is very useful and trustworthy, because many people say that this site is safe not in it. I hope we avoid scammers.

[andrehol 16294]

Unfortunately, this will not lead to anything good. Rating agencies are organizations that sell the first places in their ratings. Those who will evaluate the rating in crypto, will they be incorruptible and objective?

[bliznec 22267]

Risks are always there and the percentage of risk may increase on what percentage of profitability makes up the profit from the investment in the project. There are highly profitable projects and this increases the risk. 

[Migo 7946]

Yes I think some exchanging sites are providing this kind of service, anyway trust score is good and many people can know what kind of persons they are dealing with 

[fuer44 1083]

5 hours ago, Bantay116 said:

Yes bitcoin transaction is fast and simple because no 3rd party like government can't hold and track our money or crypyocurrency send to another wallet 

and that can be the dark side of crypto, because it cannot be traced and known, crypto can also be used as a tool for illegal activities.

[Win 1015]

Bitcoin is best nor in just what you use it..any illegal is just illegal..karma now is digital so hope people will recognise it.

[Sumayya 493]

That doesn't exist in crypto, since your can't even differentiate from a good wallet to a scammer wallet address they are all untraceable

[Naga 1250]

On 12/18/2019 at 8:56 AM, AL SHAIMON said:

Can you please give me your telegram link? It will help me a lot to know more about trust score and many things. I hope you will give me your telegram channel link. Thank you advance.

sorry wish i could help you here but i deleted telegram due to the massive amount of scam texts i was receiving but if you do a little digging in the internet you will find them, you could also ask about it on reddit. 

[AL SHAIMON 1293]

3 hours ago, Naga said:

sorry wish i could help you here but i deleted telegram due to the massive amount of scam texts i was receiving but if you do a little digging in the internet you will find them, you could also ask about it on reddit. 

No problem dear I already found a telegram channel. Thank you very much for your kind information. I hope in future you will help me in every problem. Thank you again.

[Romaan1987 601]

Not as much as Paypal, payoneer or skrill type trust level. but i hope in future peoples will also have strong believe in crytpo too.

 

[CryptoMaxim 3829]

I myself rarely fell for fraudulent exchanges and exchangers. But when exchanging large amounts, I transfer and change small parts. Anything can happen.

[Satya31 865]

On 12/17/2019 at 7:59 PM, Brushless4500KV said:

You might be familiar with a useful criteria in some fiat payment processors. If you have worked with Perfect Money payment gateway, you may have noticed that there is something called trust score for any account owner. Trust score is a number that shows how trustworthy the owner of each account is. If you receive money from scammers, your trust score will reduce or if you do any kind of fraudulent activities you will lose points too. What is the benefit of this system? If anyone wants to send or receive money from you, he will look at your trust score and if it is high, he knows that you are a reliable person or you are less likely to be a scammer.

I was thinking about if such scoring system exists in any crypto payment system or not. I think trust score is something essential in the anonymous world of crypto because it lets you know if the unknown person who sits behind another computer can be trusted or not. In fact this number shows how successful a particular person has been in his/her transactions which is a good measure for detecting scammers.

If you know any crypto payment system with the same idea, introduce it in this topic.

 

I don't think that there is not that much role of trust points in the payment system of cryptotalk. It is only for that a member can understand the performance of one and can understand how much he can believe on his comments or suggestions. And also can understand one's character sometimes. 

[Brushless4500KV 4214]

I see most members comment about an organization trust score or something like that but this topic is not about companies or service providers, it is about users. We are talking about a program which helps crypto users trust each other when doing any transaction. If this problem can be solved, the rate of scam activities will reduce by a large amount and people can send money with more relief. Everyone should receive a positive point for every successful transaction he/she has done and vice versa. If this rating program integrates in crypro payment systems, it would be almost impossible for scammers to continue making transactions without gaining positive feedback.

[bentayebsalah 2280]

Cryptocurrencies cannot have trust points because when sending you you do not send your portfolio address but rather each time the amount that you specified is sent from a specific wallet or the amount is collected from several wallets depending on the situation and for this it is difficult to have confidence points