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

[suzuya 945]

I think those kind of system exists but still people will still decide if they really want to trust the account even if it had a high trust score, because as of now people can easily manipulate those, it's like they're just asking people to give them reputation like in this forum.

[fatima123 320]

When some one received small amounts from scammers sites then they think this is legit sites although these sites are scam they just gave some money for trust building for investors and then gone from the market .

[Ionescu 115]

I never saw anything like that in the crypto payment system but I'm sure sometimes in the future it will be created. Because the internet is full of scammers and wr need something like this. 

[hssnbobin5 0]

Yeah and we all should be in a way be guided with this it shows how much honorable the cause who you interact with his agone interactions that's the statement at all times 

[bakid 5]

Truly I never find like this.  Because big amount I never convert fiat money. Also I heard that big amount money scammers always attractive. But I heard that there are lot of trusted exchanger ,this trusted exchanger not give us perfect price. I do not know this is right or wrong but I heard that.

[Zahid12 0]

Never work with the wrong trader in a crypto because they can cheat on you for which you identify good people and work.

[Ayush Singh 1175]

If this system works effectively then it will be more easier for the firms and for the exchanges to know the users way of earning and whether the activities done by the users are faithful trustworthy or not.

[Yunusalemu 0]

I don't know any about such a thing as the trustscore payment system, I i guess i will google it up now to get some in depth information about what it is and how to make proper use of it. 

[pablomarwan 3082]

This news is new to me, I have never heard this information before. How do they know that you are a fraud or a yearning? Is it through your dealings with unsecured sites or what?
 Thanks for this helpful information

[Captain Karim 0]

The confidence score system is great, I hope this idea will be applied in cryptocurrencies, since we are dealing anonymously, we should have a reference to make sure that we are dealing with a reliable and not a fraud.

[Rares002 262]

That doesn't exist yet in cryptocurrency world but I am sure that in the future something like this will be created. But ion bitcointalk for example there is a reputation system for knowing who you are dealing with 

[deepown 0]

54 minutes ago, Rares002 said:

That doesn't exist yet in cryptocurrency world but I am sure that in the future something like this will be created. But ion bitcointalk for example there is a reputation system for knowing who you are dealing with 

I personally don't think it is very important so no need to add it in the future, there are more important things to add.

[teminalibug 309]

3 hours ago, Captain Karim said:

The confidence score system is great, I hope this idea will be applied in cryptocurrencies, since we are dealing anonymously, we should have a reference to make sure that we are dealing with a reliable and not a fraud.

Those scores should nit be on payment system, they should be on exchanges and these new coins to help in deciding where to invest.

[magd 5231]

Most payment systems require direct payment of cryptocurrencies in dollars, so that the price of bitcoin is measured in dollars, and I suspect that it is more reliable, especially after the exit of the United Kingdom from the European Union, the euro will suffer for this reason I have not yet reached a stable payment system

[Brushless4500KV 4214]

1 hour ago, bqolarer said:

You are mentioning a very interesting topic here, I think this can be a good implantation for crypto wallets or accounts, the only concern here is that how this system is going to be developed because some people might give themselves positive trust with their other account or wallet if there is no real way to detect such activity.

It is not only good for wallets but also for any other kind of online services that involve using cryptocurrency but the main problem that hinders developing this kind of rating system is that crypto is based on anonymity and we should have at least a name or an ID from a person so that we can assess his performance and give him positive or negative points. The only thing we have in crypto world is public wallet addresses that can't be used for referring to people because each person can create lots of addresses for each different transaction.

[deepown 0]

On 3/30/2020 at 1:31 AM, halloweed said:

I totally agree with you guys, it is useless and it will not matter, those trust scores should be on these crypto projects so that we know which ones to trust.

Yes of course maybe on crypto projects we could use score voting, it would be very useful, hopefully some developer creates something like that.

[deepown 0]

59 minutes ago, Ash21 said:

this option isn't really applicable in crypto for the reason that not too many retailers who use crypto outlay. doting besides assume this can be without problems applicable so on the web payment by way of on the internet peddling web site. whatsoever operating system presents the current trustingness grade by means of using  apps over and over so on the web repayments but the one in question now not comprehend crypto.

Even with all retailers and big companies adopting crypto, this will still not be applicable, it is pointless.

[Captain Karim 0]

On 3/29/2020 at 10:43 PM, teminalibug said:

Those scores should nit be on payment system, they should be on exchanges and these new coins to help in deciding where to invest.

Binance research site contains an evaluation of many Crypto projects, but unfortunately it is not reliable because many projects that received a high evaluation the price of its token fell a lot.

[teminalibug 309]

34 minutes ago, postonhai said:

Yes, in many exchanging websites, there is a system of trust scores, you check the rank and trust rate of dealer and then decide either you trade or don't. I think it is very necessary so that people can make transactions satisfactorily.

I have not seen this, but what you are saying is good in a way you are saying it, trust score in coins on exchanges, because right now we only trust high volume coins, but there are good projects with low volume just needs our support to grow.

[Lover840 0]

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 if there is a way for it. As once transaction is successful in crypto it can't be reversed at any cost. Because of its decentralization through blockchain technology. So more anonymously full trust. 

[Thekingcallme 1975]

There is no degree of confidence in cryptocurrencies because they are decentralized currencies and no one controls them, there can be no points of confidence

[Whited35 15285]

Innovative idea. Some payment processing online gateway like Perfect Money has already started this sort of the features to its users so that users can check the trust score to determine the scammers if the receiver has the very low trust score, sender might think to cancel. 

[George10 9932]

Trust score is very essential in crypto related platforms or exchanges because it indicates how trustworthy someone is to do business with him or her and it separates scamers from legit ones therefore, its highly recommended in peer to peer crypto related platforms.

[Ms.o 3322]

This kind of platform that has trust score are really great,by this means,scammers,or fraudulent people can easily determine,it will help lessens activities that involves crimes.

[Treat1234 0]

If this will be implemented, then we will be able to different different account by the trust score, this will tell us that account is associated with scammers or not