What is Digital Trust?
In the physical world, trust is accumulated through long-term contact and interaction between people. But in the digital age, how can trust be accumulated? Is there a need for steps or methods to establish “digital trust” before handing over personal information and assets to someone you have never met in the physical world?
How can digital trust be implemented by the government and the private sector?
Taiwan’s electronics and technology industry is well-developed, resulting in rapid digitization. However, the industry that has been quickest to adopt digitalization into its business model and increase its value is still the fraud industry.
Of course, fraud has existed since the dawn of human civilization, utilizing designed psychological reactions, packaging techniques, and increasingly convenient information transmission tools of each era to achieve emotional or financial fraud.
After being defrauded, most people can only seek assistance from public authorities, which is a heavy burden for government agencies. From a perspective that emphasizes addressing the root cause rather than treating the symptoms, the key lies in how to reduce the fraud rate. This will depend on the promotion of government concepts and cooperation from businesses in providing trust inquiry tools, while also ensuring that the public understands and uses them.
The government has many channels to promote the concept of digital trust, but the development of supporting tools requires assistance from relevant businesses. Utilizing the research and development capabilities of businesses, providing the public with channels for autonomous verification in the digital age would be an excellent public-private collaboration.
What topics in the field of digital trust need to be developed or encouraged?
After entering the internet age, using online tools to spread false information for fraudulent purposes has proven to be highly efficient. Before the internet became widespread, printed materials and telephone scams were prevalent. It is believed that almost everyone has received fraudulent messages through letters, text messages, or online tools to some extent, and each person responds differently.
Some people may ask their friends, some may use online tools to verify, and others may immediately report the incident. However, some choose to believe and step by step fall into the trap of fraudsters.
The characteristics of the digital age make fraud easier, but verification has also become easier. It is most fearful to blindly believe without verification.
However, as mentioned earlier, trust established in the digital world is more fragile. If you verify with a friend who is also only acquainted with the digital world and has never met in the real world, it is highly likely to fall into the same trap.
Therefore, third-party verification tools are a more reliable method, which also provides a direction for the industry to develop in the field of digital trust.
What practical tools are currently available in the field of digital trust?
Currently, before answering a phone call, we are accustomed to using software such as Whoscall and Truecaller to identify the caller. When it comes to online false information, we use tools like Meiyu Aunt and MyGoPen. But what tools can be used to verify the authenticity of data in the emerging Web3 world?
Here are two practical and convenient platforms for readers to refer to:
JV (Jcard Verify) Digital Trust Center
The “Blockchain Anti-Fraud Solution – Jcard Verify” platform, developed using AI and zero-knowledge proof, allows users to view and rate any digital or cryptographic asset and wallet address they come into contact with or invest in. This helps other potential investors distinguish the authenticity and security of various investment projects.
Using JV (Jcard Verify) is simple and intuitive. It can be imagined as the “Google browser of the blockchain”. Users can enter any digital or encrypted asset (such as Bitcoin), wallet address, or other keywords in the search bar and see the user’s ratings and scores for the investment product or project. With the real-time automatic synchronization of the database, it can clearly determine whether it is a high-risk blockchain project or product.
Chainsight
Chainsight is an AI-driven information security company that has developed a solution to detect and prevent security vulnerabilities and fraud in cryptocurrencies, NFTs, and smart contracts in real-time. It can provide protection against blockchain security vulnerabilities and fraud for all technology and security companies related to the internet. This includes common scams such as malicious addresses, smart contracts, dApps, fake cryptocurrencies and NFTs, phishing websites, and social media scams.
Chainsight allows users to detect whether transaction URLs, contracts, or objects have criminal suspicions through API integration.
Digital Trust: The Bridge of Security and Authenticity
With technological advancements and the widespread use of the internet, the establishment and maintenance of trust have become increasingly important. Digital trust is not only a guarantee of personal information security but also the foundation of the entire digital economy.
Through effective policy promotion and advanced technological tools, we can prevent fraudulent incidents and reduce fraud rates, which is a key indicator of improving happiness in life. Let us together enhance the security of our digital lives.
Opinion articles present diverse opinions and do not represent the position of “WEB3+”.
Proofreading editor: Shao Yuan-Ting