Full ID Verification Process for Marketplace Sellers

[valetflowers]

To catch the mouse you need to think like the cat. Instead of just running one aspect of the trade we’re looking at the entire process based on a lot of data. It’s undoubtedly a challenge but one we’re up for. Let’s not forget the target is to provide the buyer / seller with more choice. Not to become a personal data / finance company.
Thanks for your concerns, we look forward to delivering a product that will help in the decision making and buying process for all forum members on both sides of the transaction.

I hope the best things to be added here so that I can buy or maybe sell things safely and keep on staying here on this forum
Thank you.

 

[Tigriy]

Nah, it would probably be easy to fraud by some ways. Indeed, some crypto apps require you to do something for ID verification, but regardless of that - people manage to bypass it by using someone's else identity.
This whole idea won't save you from getting threatened by somebody. It will surely weed out a couple of people from doing that, but I'm just trying to tell you - it won't be as effective as you or others might think.

 

[iStatus]

Why not both?

One doesn't value anonymity which a lot of people, especially on a "Black Hat" forum, are particularly fond of.
And as mentioned it's not foolproof, and can be bypassed pretty easily.
Sure it might deter a few scammers, but at the cost of all the legitimate seller's privacy, I don't see it as worth it.
It could also put buyers into a sense of false security not knowing that it is possible to be bypassed.

As an optional feature? Sure.
Mandatory? I'd say it would be a detriment.

 

[razorsharp]

don't need ID verification.

Just need a better review system to keep people honest.

 

[reuse]

1. ID will be verified by a third-party

ID has been verified by a thirdparty source (we’re not in the personal data business we’ll be using secure verified third-party data)

2. Verification is optional for the buyers and sellers

We’re providing verified data and choice for buyers and sellers alike.

These are two excellent points. They address most of the concerns raised here.

I recently saw a response to my post from a moderator here about a new feature in Marketplace 2.0. What surprised me was that she precisely quoted the sentence that captured the real point I was raising, from a thread with multiple posts where it was very easy to go this way or the other.

Reading her post together with the above clarifications made by you, it is clear you have a well-thought out plan for the new marketplace.

Good luck. Will wait for it to be released, to share feedback.

 

[Pothik]

It's a very nice proposal for marketplace. I support this proposal. not only marketplace leasing i think when any one upgrade to Jr.Vip he needs to verified himself to provide government issued ID card

Why not both?

It's another nice proposal. I support it

 

[awesomewebsites]

When is the new marketplace coming ? Will old threads need to be modified in any way or they will run like same ?

 

[UnusualSubstance]

Might also introduce some fear into the scammers that come here to sell fuck all. Afterall why would they attempt to scam when you have their ID ; - ).

 

[stealthlurker]

This is a good idea actually. Only allow serious sellers.

 

[MisterF]

Might also introduce some fear into the scammers that come here to sell fuck all. Afterall why would they attempt to scam when you have their ID ; - ).

The thing is sellers can have staff manage their BSTs through the sellers accounts, so in this case, are the VAs also going to be vetted?

 

[Ar7emis]

Getting a fake one for verification ain't a big problem.

 

[BassTrackerBoats]

Getting a fake one for verification ain't a big problem.

Give it a run.

My money is you are going to lose.

 

[Ar7emis]

Give it a run.

My money is you are going to lose.

AIght, we'll see, time will tell.

There are some very good fakes on the market and video verification won't stop anything.

How do you think people open bank drops?

 

[Lukmat]

For me no problem, but BHW would need to comply many restrictive laws. We are sending IDs to finnancial institutions but they have very strict data processing.
Also in many countries it's required to keep data in safe, separated from internet computers. Even BHW is not in EU, it must to follow GDPR and all other european directives.
For ID verification, it's not enough to have moderator. It must be special worker, who is trained to verify such data and have licence.

 

[Deleted member 708208]

It's unfortunate almost all marketplaces focus on regulating sellers but rarely address buyer fraud. Take PayPal for instance, customers can request a refund 6 months later.

6 months...

ESCROW is fine for some purchases but a complete cash flow nightmare for small time sellers getting started.

@BassTrackerBoats

Works his ass off babysitting the SL thread and that is honorable. There is certainly a level of professionalism that wasn't as common years back.

Just think guys...

Sellers already have to show delivery once and now can get tested later in the service.

Buyers can just do as they wish.

It's rampant in HAF section and when I was a kid I got ripped there often enough I quit writing articles for those request.

 

[reuse]

For me no problem, but BHW would need to comply many restrictive laws. We are sending IDs to finnancial institutions but they have very strict data processing.
Also in many countries it's required to keep data in safe, separated from internet computers. Even BHW is not in EU, it must to follow GDPR and all other european directives.
For ID verification, it's not enough to have moderator. It must be special worker, who is trained to verify such data and have licence.

This answers your question (I changed the font size):

Interesting thread and some great and thoughtful comments. Let’s not forget we’re NOT dealing in absolutes here. To clarify some points:
If you don’t care about credentials then we’ll have an option for you. Conversely if you only want to buy from someone who’s ID has been verified by a thirdparty source (we’re not in the personal data business we’ll be using secure verified third-party data) then you’ll be able to filter to find such a seller.

We’d not expect buyers to be verified - however if a seller made that a requirement and didn’t want to sell to anyone that wasn’t verified then we could consider options here, providing both parties agreed to their personal credentials being verified. However we’d definitely not make it mandatory to BUY on the platform. The seller can, as in any case chose who they want to do business with. We’re providing verified data and choice for buyers and sellers alike.

The new marketplace will be about making choices available to buyers and sellers alike. It will grow and develop over time based on feedback like this we receive.

In short our direction = choice.

 

[IG Professor]

I totally agree with @IGKing . I think that if we will verify marketplace sellers it will be a great solution because people will think twice before they're trying to scam anyone. However, from a business standpoint it could be the worst thing that BHW can do.

First of all, BHW is a small business. It's not a giant like Fiverr or eBay that can afford them selves to hire 30 lawyers at a blink of an eye.

Making a KYC for BHW will open a black-market for people to sell BHW accounts at higher rates. even that there are now some black markets who sells BHW accounts ; when KYC will be implemented it will grow further - so it's far away from being a solution. if a lowlife scammer made money once, he will figure out another way.

3. If a law enforement will ask about person X identity and it will be false it might put BHW in troubles with questions like : How did you let that happen in your platform that people making accounts with false identity? who's in charge for KYC approval?

or, if there's a plan to let a third-party handle the KYC process ; It's like out of BHW control. so such question should raise a concern who are those people that you're sharing KYC with?

Saying that a database leak won't happen because it's all going to be secure ?
Binance,Kucoin & Amazon KYC and other Multi million dollars businesses is being bypassed by un-ethical people that I hope that we won't have in here. so saying that this system won't bypassed by bad actors without any ethics?

as a member of BHW I want the best for it but I am not sure if @IGKing are able to see the whole picture.

 

[IG Professor]

Another thing that you should think of ; Google, Facebook and other big giants are hunting SMM sellers.
Imagine a secenario where you are offering this type of services and by accident there was a database leak.
then Facebook should not work so hard to get your full information to send a love letter.

or imagine a warrant sent from Facebook lawyer to BHW asking about a seller who sell SMM Services (likes,followers,etc.)

See this articles for eg:
https://techcrunch.com/2020/10/01/facebook-sues-two-companies-engaged-in-data-scraping-operations/
https://petapixel.com/2020/08/28/facebook-sues-man-selling-fake-likes-and-followers-to-cheat-instagram/
https://techcrunch.com/2016/06/01/amazon-sues-sellers-for-buying-fake-reviews/

 

[Deleted member 708208]

Saying that a database leak won't happen because it's all going to be secure ?

Indeed, the database has already been compromised once before that I know of.
Big headache BHW is taking on storing people's IDs.

 

[Deleted Member 112605]

but I am not sure if @IGKing are able to see the whole picture.

I totally agree with @IGKing .

Pick one.