Jalan Sukses: MyShield REVIEW

Rapid growth in internet and digital communication causes to make human life easier. Nowadays traders can sell their products to anybody in anywhere. Consumers can order a product located in any corner of the world by sitting in his yard. An investor can invest money in a company located in Amsterdam while being in his Australian office. At the end does the consumer get correct product? Does the investor get expected to return for his money?

Let’s have a look at following research findings extracted from company white paper.

As per the research published by OECD in September 2017, “4% of UK imports are fake goods”.
As per the research published by Earnest and Young in January 2018, hackers steal more than 10% of ICO funds.

MyShield has addressed this issue and they have been developing a mechanism for trade online with perfect confidence.

Are you exciting to know more about MyShield? Check this article out!

ABOUT MyShield

MyShield is an innovative decentralized anti-scam platform. It is determined to inspire confidence when executing online transactions. Powered by both AI CYBER INTELLEGENCE and crowd wisdom, MyShield provides a constantly improving layer of security for the crypto-currency Ecosystem and eventually for the entire e-commerce world.

You are witnessing a security game-changer for online transactions

My Shield hails itself as the world’s first anti-scam platform. It aims to help people feel safe and secure when performing online transactions by adding an extra layer of security to cryptocurrency transactions.

Ultimately, MyShield would like to provide protection against scams for the entire e-commerce ecosystem. The company is currently fundraising using the My Shield token cryptocurrency with the hopes of fully launching their anti-scam platform the first quarter of 2019.

MyShield was developed with technology from the company BrandShield. Founded in 2013, BrandShield developed a cyber-intelligence system powered by artificial intelligence to detect fraud and counterfeiting in cyberspace.

BrandShield’s system monitors the Internet in search of scams, phishing, fraud, trademark infringements, and other nefarious activities occurring on websites, social media sites, e-commerce marketplaces, and mobile apps.

MyShield FEATURES

This is an AI-powered decentralized, Blockchain based, an anti-scam platform which enables the users to operate in cryptocurrency exchanges and online markets, confidently. It has been developed by BrandShield which was established in 2013 for online brand protection.

MyShield application contents three main features. They are;

> Alert against scam:

MyShield possesses the ability to separate the genuine product from counterfeit products. If the user reaches to a counterfeit product MyShield will send an alert to the user.

> Crypto transaction validation:
MyShield trusted stamps and the MyShield trusted wallet stamps will run the major part of the validation process. Once the investor started to perform Crypto transaction, MyShield will perform a validation process. As an example, MyShield will match wallet number of the transaction with validated wallet number of the website. If the system catches any deviation it will be informed to the user.

> Reporting scam:
Users are allowed to report any suspected fraud or scam. This reporting process will be the major part of MyShield ecosystem. Blockchain technology will keep track of all the reports and will aggregate the information rationally.

HOW MyShield WORKS

There’s little doubt that scams have become more prevalent with the recent emergence of cryptocurrencies. The MyShield website cites a study that found that hackers steal up to $1.5 million in cryptocurrency funds from ICOs every month. My Shield hopes to combat the fraud and security issues that come with cryptocurrencies and provide what Keren calls “a scam free digital landscape.”

The My Shield platform will operate with the help of both My Shield users and AI-powered cyber intelligence providers who will detect and report potential scams. My Shield will be available as both a free app and as a browser add-on that gives users alerts on scams that threaten their online security.

MyShield BENEFITS

The benefits of MyShield are clear. Cybersecurity as it relates to both cryptocurrencies and e-commerce transactions are of the utmost importance. Being able to better identify and shutdown scams is a much-needed service, especially since it allows users to help identify scams.

By all accounts, MyShield is capable of accomplishing their goal of bringing companies, users, cyber intelligence providers, and community enforcers onto one platform. However, there is some level of concern that they are not sharing how to actually purchase the tokens needed to use their platform.

MyShield TOKEN

The MyShield platform will run with the help of My Shield tokens. My Shield will distribute 1 billion tokens to use on the platform. The My Shield website explains that tokens can be used in the following ways:
Bounties – Will serve as incentives for report scams. Bounties can be created by My Shield, users of My Shield, and companies.
Reports – Users will deposit tokens when reporting potential scams. If they accurately report a scam, those tokens will be returned as well as their share of the bounty.
Premium Subscription – A subscription to My Shield will allow users to learn about scams and earn bounties when they discover a scam.
Guarantee Programs – Provides a money-back guarantee for customers on transactions.

ICO DETAILS

MyShield has introduced MyShield tokens as the mediator in their platform. 1 A billion Tokens are expected to be distributed among the users as follows: