Learn about our processes to prevent fraud in the event of asset protection claims

With a view to the launch of our module for contracting asset protection through Web3, scheduled to launch in the coming months in Australia, we want to inform you about the processes we will apply to claims submitted. Through procedures that incorporate the latest technologies, we seek to guarantee the integrity of our platform, eliminating any attempt that could lead to fraudulent actions that affect our community by malicious actors. In the following article, we will provide you with all the details about it.

User registration and proof of existence for goods

At Day By Day, we pride ourselves on ensuring the integrity and security of our users’ experience on the platform. In order to maintain a reliable and transparent environment, we have implemented a policy that will allow the existence of a single registered account per user, also supported by biometric recognition technology. This will ensure that each person can exclusively enjoy the benefits and services we offer, thus promoting authenticity and equity in our community.

Additionally, in our commitment to prevent any type of fraud and guarantee the protection of insured assets, we require that each user attach a photograph or receipt of the item in question when registering their possessions on the platform and requesting protection. This measure, combined with the application of biometric technology, not only strengthens the veracity of the information provided, but also contributes to the creation of a safe and trustworthy environment for all our members.

We appreciate our community’s collaboration in these practices, as together we build a trusted space to share and protect our everyday goods using Web3 technology.

Analysis of statements using Google Cloud AI

Another piece of news that we are proud to announce is that we are implementing Google Cloud’s advanced artificial intelligence to optimize the information analysis process in response to complaints. Our platform will use this powerful tool to closely examine the occurrence of events reported by users, thus ensuring the veracity of the information provided. This integration will allow for more accurate and efficient evaluation of claims, providing greater trust and transparency to our community.

To use this functionality, we have designed an intuitive form that users will complete when submitting a claim. This form, powered by Google Cloud AI technology, will collect crucial and relevant data for verification of the authenticity of the reported events. We strive to use cutting-edge technologies to continually improve our users’ experience and ensure an efficient and reliable claims process at Day By Day.

Requirement for police report and affidavit

Given the occurrence of claims in relation to the protection of assets, we have implemented a rigorous protocol to guarantee the authenticity of each request. In this regard, we will ask users to provide both a police report and a detailed affidavit when filing a claim. The police report acts as a key element to support the veracity of the situation, while the user’s affidavit offers an additional and detailed perspective on the facts, thus strengthening the evaluation process and ruling out possible fraud attempts.

This combination of documents becomes an essential mechanism to ensure the legitimacy of claims and provide an additional layer of protection for our community. We value the transparency and collaboration of our users in this process, as together we work to maintain a safe and reliable environment at Day By Day, where the protection of assets is a priority.

With all these procedures we will create a platform for real-world asset protection through Web3 that is secure and reliable, guaranteeing integrity at all times.

About Day By Day

Day By Day is decentralizing and democratizing the global asset protection industry through Web3. By leveraging emerging technologies, this pioneering platform ushers in a new era of asset protection while delivering hyper-personalized products on demand, safeguarding real-world assets for our clients.

Utilizing Web3 technology, Day By Day has innovatively introduced asset protection contracts through NFTs, offering a compelling real-world use case through tokenization.

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This article does not contain financial advice or investment recommendations of any kind. The information provided is offered only for educational and didactic purposes regarding Web3 technology and analysis of its use cases.

Investing with cryptocurrencies, NFTs, tokens or other digital assets carry risks and are not regulated, so readers should do their own research before making any type of decision at their own risk, as well as adapt and observe the different legal regulations depending on their country of residence.

Aviso de responsabilidad:

Este artículo no contiene consejos financieros, ni recomendaciones de inversión de ningún tipo. La información brindada se ofrece sólo con fines educativos y didácticos en cuanto a tecnología Web3 y análisis sobre sus casos de uso.

Las inversiones con criptomonedas, NFTs, tokens u otros activos digitales conllevan riesgos y no se encuentran regulados, por lo que los lectores deben realizar su propia investigación antes de tomar cualquier tipo de decisión bajo su entera responsabilidad, así como adaptarse y observar las diferentes regulaciones legales según su país de residencia.

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