Online Marketplaces

Scenario: An online marketplace is struggling with fraudulent buyers and sellers who create fake accounts to manipulate reviews, prices, and transactions, leading to a loss of trust among genuine users.

How Taτsu Works:

• Identity Aggregation: Buyers and sellers link their marketplace profiles, payment methods, and other relevant credentials to Taτsu, forming a robust digital identity.

• Human Score Calculation: Taτsu assigns a human score based on the user’s transaction history, reviews, and engagement with the marketplace.

• Decentralized Verification: The marketplace uses Taτsu’s decentralized verification to authenticate users before they can list products or make purchases. Users with low human scores are flagged for further review or restricted.

• Identity Proof: Verified users receive a digital credential that they use to authenticate their actions on the marketplace, ensuring that all transactions are conducted by real, trustworthy individuals.

Outcome: The marketplace sees a reduction in fraudulent activity, with more transparent and secure transactions. Trust among buyers and sellers is restored, leading to increased activity and satisfaction.