The Ubcoin Market Identifies Suspicious and Fraudulent Ads Utilizing Artificial Intelligence

Ubcoin is a unique crypto-to-goods exchange — a blockchain-based platform where everyone can buy or sell real goods for cryptocurrency. In marketplaces like Ubcoin Market listings (ads) are created and posted by users of the service. Among the legitimate ones some are posted by scammers. To search and identify listings posted by scammers, the Ubcoin Market team developed a solution based on artificial intelligence technologies. It identifies suspicious ads, reveals duplicate ads, low-cost ads, abnormal ads and finds weird user behavior patterns in the data. The use of machine learning algorithms makes the purchasing and selling of goods for cryptocurrency on the Ubcoin Market safe and secure.

Advertisements posted by scammers may barely differ from usual legitimate ads, which makes preliminary moderation using the involvement of human experts ineffective. The algorithms utilized by Ubcoin artificial intelligence solution finds obscure patterns of behavior of scammers and instantly identifies suspicious ads.

The Ubcoin team identifies four types of fraudulent ads:

1) Duplicate ads, with changed details or contacts

2) Ads, with a low price, for the mass attraction of buyers

3) Multiple ads placed by one user from different accounts

4) Ads containing abnormal content or abnormal user behavior when posted

To identify duplicate ads Ubcoin Market uses its own solution for the analysis of texts and images. Natural language processing algorithms such as Word2Vec translate text into a vector and define the same meaning even when using substitute words. A solution for image analysis reveals duplicate images and select objects on them.

To identify ads with a low price, a solution is used to automatically determine the optimal price for the product. The solution utilizes real historical data regarding the cost of placement and the sale of goods. The solution is based on the algorithm for highlighting the topic of the ad and the characteristics of the product specified in the ad. If the cost of the goods is understated and falls into the left 5% interval of the price distribution histogram, this is a sign for additional verification.

To detect multiple ads placed by one user from different accounts, both the data received when a user visits the site and the data from the ad are used. The algorithms for clustering are used to reveal the hidden structure in the data. The approach reveals obscure behavioral factors. An example of the operation of the clustering algorithm: clusters are marked with colors. When finding a cluster in which fraudulent ads predominate, a classification algorithm is trained based on the information received, which automatically detects suspicious ads in the future.

Additionally, a solution is used to search for anomalies in the data. The solution is based on the one-class algorithm of the method of support vectors. Search for anomalies is designed to search for ads that are very different in their own structure or the nature of the user’s behavior from the bulk of the ads. The solution finds ads posted by bots, and automatically sends them for additional verification.

The peculiarity of revealing fraudulent actions is that people who aspire to commit unlawful actions quickly adapt to new ways of counteraction, changing behavior. To solve this problem, artificial intelligence Ubcoin Market will undergo regular retraining on new data, and the analysts and developers will continuously improve solutions to identify suspicious transactions.

The decision of the Ubcoin Market to identify suspicious ads is based on modern machine learning algorithms and identifies duplicate ads, low-price ads, abnormal ads and user behavior patterns. The use of machine learning algorithms makes the purchase and sale of goods for cryptocurrency on the Ubcoin Market secure and safe.


Great Potential of Ubcoin Market

1. Many people want a simple and secure way to earn crypto money, but they do not know how. They are not miners, not traders, they are just individuals who see the added value of investing in crypto currency. The number of owners of crypto currency is projected to increase from 22 million today to more than 200 million by 2020.
2. However these same people are very comfortable with purchases and sales on Ebay, Amazon, WeChat, Taobao and the like. By 2016, the market accounted for 44% of the $ 2.44 trillion spent on these marketplace sites in 2016.
3. Crypto currency wallets are typically concentrated on mobile devices, with more than 65% of wallets being mobile apps. Global Smartphone users are projected to reach 37% by 2020.
4. The global population of digital buyers will surpass 2 billion people by 2020.


About tokens and ICO

☑️ Name: UBCoin
☑️ Symbol: UBC
☑️ Total: 4,000,000,000 UBC
☑️ Network Token: Ethereum ERC20
☑️ Pre-Selling Personal Limited: 200 000 000
☑️ Public Placement (ICO): 1 800 000 000
☑️ Team Allocation: 480 000 000
☑️ Bounty & Advisors: 160 000 000
☑️ Community Rewards: 120 000 000
☑️ Backup: 1 240 000 00
UBCoin.png
Phase 6 Sales Token

☑️ Token not sold
➠ Tokens printed only after payment by ETH, so no token is unsold
which will be closing the token-making event.
☑️ Payment Method Token
➠ We only accept ETH from ERC-20 standard wallet tokens, sending ETH from the exchange can cause loss of your funds.
☑️ Vesting Team, Anti-Dumping Measures
➠ Ubcoin UBC allotment team is intended to be locked during the first six months after the distribution date, and will be provided for a period of 12 months after the end of the lock-up period, at 25% quarterly.
☑️ Backup
➠ During the early stages of Ubcoin Marketplace development, at least 31% of the total supply will be maintained by Ubcoin Reserve Pool to protect the new cryptocurrency from speculative trading and maintain flexibility in the early stages of system evolution. The Ubcoin Reserve Pool can be released in limited allotment with the Board of Directors' decision to ensure long-term return and liquidity for the UBC community


The great potential of Ubcoin Market The rapid development of cryptocurency will spur the change in the use of fiatcurency into cryptocurency in trading activities. For that, the world community will need a marketplace platform that allows people around the world can sell or buy an item using the eye cryptocurency. There are at least 4 reasons why Ubcoin Market will become a marketplace platform that will be very successful in the future.

OfficialWebsite: https://ubcoin.io/

Facebook: https://www.facebook.com/ubcoinmarket/

Sedang: https://medium.com/@ubcoin

Twitter: https://twitter.com/ubcoin

Telegram: https://t.me/ubcoinmarket

Reddit: https://www.reddit.com/user/ubcoin

Youtube: https: //www.youtube.com/channel/UCRB5FO3TQHqVEQs3kWUkaow

Github: https://github.com/ubcoin/ubcoin#links

Buku putih: https://ubcoin.io/locals

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