Transact on the Blockchain with Confidence
Trustroot is a blockchain protocol that verifies the reputation and trustworthiness of the blockchain business that you are transacting with. We help you avoid malicious attacks and ensure that the party that you are sending money to is who they claim to be.
A Safer Way To Send Money
Hackers are constantly looking for new ways to steal cryptocurrency, from altering wallet addresses, to impersonating social media accounts, to hijacking e-mail lists. Trustroot’s Chrome extension detects these attacks before they happen by letting you know you’re transacting with a business that’s fully vetted and verified. Quickly access information regarding a business’s incorporation, wallet addresses, reputation, and more in one place.
Over 10 percent of the $3.7 billion raised has been stolen through scams and hacksErnst & Young
That’s nearly $400 million from ICOs alone! The proliferation of scams and hacks on cryptocurrencies is undermining trust in blockchain technologies. Companies and their customers are constantly under threat of phishing attacks, malware, and other advanced cyber threats. Trustroot’s decentralized certification protocol helps stop these bad actors and builds a safer environment for the blockchain community.
The Only Trusted Source
When you transact with a company that’s verified by Trustroot, you can be sure that they are thoroughly vetted. Companies go through an extensive background check, confirming the company’s legal registration, wallet ownership, and more, so that you can be sure of who you are sending your currency to.
We pride ourselves on an open and community-driven process of governance. Learn more about the process and blockchain protocol here.
I got an email from (what I thought was) Bee sending through a eth address for the ico. I think the scammers managed to get a hold of their email database so mass emailed everyone just before the ICO. At last viewing they’ve managed to get $150k! The telegram group is carnage at the moment!
A couple of days later, the website vanished with no sight of the robber barons, thus confirming my suspicions that I had transformed from enthusiastic investor to dejected fraud victim. With cryptocurrencies, when what you own is gone, it's completely vanished, and there was nothing else I could do.
It sucks, and it’s embarrassing, but it’s a lesson I’m not going to forget. After I cooled down, I could almost appreciate how well timed and executed this was. In the crypto world falling for something like this is equal to sending your banking details to a Nigerian prince.