Facial Recognition Could Help to Stamp Out Bitcoin Social Media Scams
Cointelegraph
Published Aug 09, 2020 11:00AM ET
Updated Aug 10, 2020 01:00PM ET
Facial recognition can help prevent future Bitcoin (BTC) scams like those that hit Twitter and YouTube, said Rod Hsu, president and co-founder of virtual currency platform Coincurve.
During an interview with Cointelegraph, Hsu said Bitcoin is an electronic form of currency that is non-reversible and somewhat anonymous, “coupled with this gap in understanding makes it appealing for scam artists.” But because of the negative publicity the cryptocurrency got with the scams, it may have discouraged many from adopting it.
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Written By: Cointelegraph
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