Scamfari: How Data is Being Verified and Validated

Objectivity is Difficult but Possible!

Data validation and verification for Scamfari involves a multi-step process that includes utilizing external, cutting-edge data providers, certified AML (Anti-Money Laundering) specialists, and a combination of external and internal software, including proprietary tools such as HAPI Terminal. The goal is to ensure the accuracy, authenticity, and reliability of the scam data collected from users and to prevent any false or fraudulent reports from being rewarded.

1. External Data Providers: To validate the incoming reports, Scamfari collaborates with external data providers that specialize in collecting and analyzing scam-related data. These data providers may include reputable sources that track scams, frauds, and cybercrime activities worldwide. The data from these providers is cross-referenced with user-submitted reports to check for consistency and accuracy.

2. Certified AML Specialists: To identify potential money laundering or fraudulent activities associated with the reported scams, Scamfari involves certified AML specialists. These professionals have expertise in identifying suspicious financial transactions and can help detect any fraudulent patterns in the reported data. We also partner (and open to partnering) with online, on-chain sleuths to further increase the accuracy of data submitted.

3. User Incentives and Investigator Fact-Checking: Scamfari incentivizes users to submit accurate and genuine reports by rewarding them when their reports are accepted. However, to maintain the integrity of the data, a team of investigators fact-checks each submitted report. Investigators thoroughly analyze the details provided in the reports, validate them against the information from external data providers, and verify their legitimacy before accepting or rejecting them.

4. Internal and External Software: The verification process is aided by a combination of internal and external software tools. Internal software may include algorithms and data processing tools developed by Scamfari to assist in the verification process. External software, such as HAPI Terminal, which is a proprietary tool, could be used to access data from various sources, analyze patterns, and ensure data accuracy.

5. HAPI Protocol for Further Processing: After the data is verified and validated, it is processed further using HAPI Protocol. HAPI Protocol may provide additional layers of analysis, categorization, and organization of the data to present a comprehensive view of scam-related activities.

6. Continuous Monitoring and Improvement: Data validation and verification are ongoing processes. Scamfari continuously monitors the effectiveness of its data validation procedures and keeps improving them based on feedback, emerging scam trends, and advancements in technology. With Risk Scores and Categories consistently revised/reviewed to adapt to changes.

By employing these external data providers, certified AML specialists, investigator fact-checking, and utilizing both external and internal software, Scamfari aims to ensure the accuracy and reliability of the scam data collected from users, providing users with valuable insights and actionable information to protect against scams effectively.