- Winding Tree just launched ORGiD Bot.
- The Bot will help users in the crypto space identify legitimate businesses in the market.
- It will use Winding Tree’s native token LIF to verify businesses.
Winding Tree, an Ethereum-run travel distribution channel, just released ORGiD Bot. It is a solution aimed to solve the rising issues in identity theft. Specifically, the project is an open-source registry that enables real-time verification and identification for its users and clients.
The company is offering a quick and simple way for crypto and blockchain companies to certify identities on the network. Therefore, Winding Tree is leveraging blockchain technology with ORGiD Bot.
Interestingly, ORGiD Bot was created so users will never be tricked by fraudsters and scammers. The idea for ORGiD was inspired by incidents such as Phillipe Christodoulou’s encounter with the Trezor scam.
Users can now communicate with ORGiD’s system to provide companies with a seamless process to successfully dodge crypto scams and phishing attempts. These companies will only need to add their authorized personnel to the ORGiD system. This marks them as legitimate users on the network to their peers.
COO and Co-Founder of Winding Tree, Pedro Anderson, said, “When cryptocurrency rebounded after an extended downturn, a resurgence of scammers and impersonators came with it. Someone even copied my identity on Telegram and contacted a member of my team asking them for a transfer. To tackle the problem, we listed our reps on our ORGiD and created ORGiD Bot as an on-the-go way to verify users who contact us. It worked so well that we can’t wait to share our creation with the rest of the crypto world.”
To get on the ORGiD system, firms first need to connect a MetaMask or Portis wallet containing a certain amount of Ether(ETH). This ETH will then be swapped for Winding Tree’s LIF token which will be staked on the network to confirm authenticity.
Once a firm is verified on ORGiD, users within the blockchain community can find ORGiD Bot on Telegram — @orgid_bot. Here, they can insert any organization’s name and if the organization is verified on the channel then users will know it is a legitimate business.
The bot will make use of the following data in particular to verify a company’s legitimacy:
- Extended Validation SSL Certificate: The legal, physical, and operational existence of the entity.
- Website address: The entity’s connection with a specific brand.
- Social media: Their LinkedIn and Twitter accounts.
- Staked LIF: LIF staking prevents scammers from generating false identities.
Winding Tree has already partnered with many crypto companies including Keros and Hacken who are already using ORGiD Bot. Other partners include Air Canada, Swissport, Nordic Choice Hotels, Airport Hotel Basel, and more.