Member-only story
Harnessing AI and Blockchain to Combat Fake Reviews in E-Commerce
In the age of digital commerce, customer reviews have emerged as a cornerstone for consumer decision-making processes. The credibility of these reviews, however, is under siege. Recent studies suggest that up to 30% of online reviews may be fabricated or misleading. This alarming statistic raises significant concerns not only for consumers seeking authentic feedback but also for businesses striving to maintain their reputations in an increasingly competitive marketplace.
The travel industry exemplifies the gravity of this issue; over 95% of travelers consult multiple reviews prior to finalizing their bookings. As such, the proliferation of fake reviews can lead to misguided choices and lost revenue for honest operators within this sector. Consequently, there’s an urgent need for effective solutions that can distinguish between genuine and fraudulent feedback.
Enter daGama’s Multi-Level Anti-Fake System (MLAFS), a groundbreaking approach that combines artificial intelligence (AI) with blockchain technology to address this pressing challenge head-on. This innovative system not only incentivizes users through token rewards for providing truthful insights but also employs advanced AI filtration mechanisms alongside human reviewers — ensuring that only legitimate experiences are showcased.