SuperOne, like Wirex, can fight scams and online frauds

A simple Google search of “is my Wirex account secure?” results in a number of articles and forums which address and discuss the many ways in which innovative app and payment card Wirex is tackling online scams.

The Wirex help page is quick and to the point in clarifying how security is of paramount importance. It states: “The security of our users’ funds is our top priority. We have built a secure and trustworthy platform employing the latest security technology in the blockchain and financial industry.

” You might say “so what… what does this really mean?” Wirex goes on to list how it actively defends its users’ credentials from fraud, highlighting:

• Secure Socket Layers (SSLs)
• Passwords linked to users’ email addresses
• Two-factor authentication (2FA)
• BitGo multi-signature technology
• A policy of NOT keeping any of its users’ payment card numbers, expiry dates, or CVV codes

Instead, Wirex operates with card proxies, which means that all data is kept securely and no Wirex employees have access to it. No one can state that they don’t take security seriously.

That’s not to say Wirex and its users have not at some point experienced fraudulent activity. (And, by the way, we’re using Wirex as an example: many financial service providers have fallen prey to cybercrime.) There has been an increase in the number of scammers actually pretending to be Wirex.

These fraudsters attempt to gain access to users’ wallet addresses, account passwords, and other sensitive information in return for prizes, discounts, or crypto ‘airdrops’. What’s more, the scams can be more sophisticated. Scammers regularly use Wirex branding and set up social media profiles and instructional videos that can be difficult to distinguish from the real thing.

Some social media pages send messages to Wirex users claiming that they have won a prize. However, in order to receive the prize, they ask users to log in via a link.

Now, while some people will see this as a basic phishing fraud, others may not be so prudent. SuperOne’s revolutionary trivia game also features an affiliate marketing platform and blockchain-secured transactions.

There are plenty of scammers out there who would like to take some of their business or just plain steal users’ rewards. Both Wirex and SuperOne combat this by releasing blogs, articles, warnings, and whole chat forums stressing the importance of remaining vigilant. The general message is that if it sounds too good to be true, as with the above example, it probably is.

Receiving private messages on social media is also a red flag. No legitimate business would send its users unsolicited direct messages unless someone has raised a specific query first. What’s more, users will never be asked for account details, wallet addresses, passwords, or any other sensitive information about their accounts. Wirex and SuperOne are right to crack down heavily on fraudulent activity.

Because of online fraud and technologically advanced scammers, they have had to evolve quickly to new business spaces, just to stay ahead of the curve. We know that equity crowdfunding and affiliate marketing are two allied ways of allowing a pool of people to back a business they believe in. Wirex decided to use the crowdfunding model to give fintech fans the opportunity to own part of a progressive business that is revolutionizing the cryptocurrency and fintech spaces.

SuperOne has chosen the affiliate marketing model to give people the opportunity to develop their own business supporting SuperOne’s marketing work. Remarkably, 25 minutes after opening the Wirex crowdfunding campaign, it reached its target of raising £1 million. For SuperOne the benchmark is 100,000 business partners before it launches its game — ensuring almost instantaneous adoption of the game.

By reaching Wirex’s investment goal so quickly, it can now build on its existing achievements, harnessing the confidence that its users have in the Wirex brand, propelling cryptocurrency into the mainstream. SuperOne is on the same path.

With cryptocurrency being one of the most disruptive technologies of the 21st Century; the global blockchain market-size expected to grow at a rate of nearly 70% between 2019 and 2025, and a global gaming market of 2 billion consumers, these companies’ game-changing functionality and product offerings ensure that they are well-placed to become the go-to platforms, bridging the gap between traditional currencies, cryptocurrencies, and gaming.