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Case Study – Fraud Prevention

Case Study – Fraud Prevention

Payments processors are attractive targets for fraudsters due to the high volume of transactions and the aggregate monetary value handled by them.

Fraud is perpetrated in new ways each year, and many of them can be detected and stopped by utilizing a blockchain-based immutable audit way.

Lirax Project integrates blockchain with leading-edge companies, on top of their existing infrastructure, creating a permanent and tamper-proof record of any data that is vulnerable to fraud.

Lirax’s technical approach to blockchain technology is unique in many ways, including data storage, time-keeping methods, and proof of work.

By combining powerful tools like AI and blockchain, Lirax Project can shine a light on data that may have been poisoned or modified and exactly when a breach may have occurred.

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