It is estimated that fraud is costing UK businesses and individuals £219 billion each year *
In both the on-line and off-line world, it has become increasingly difficult to quickly establish confidence and trust in the authenticity of any claim made about a person, product, service, or piece of data.
As a consequence, little or no due diligence is carried out and most claims are generally taken on face value. Unfortunately, only when a loss event occurs and there is a need for investigation do fraudulent claims come to light. All too often, organisations adopt a reactive approach to dealing with fraud, and only attempt to tackle it when losses have already occurred.
There is a growing need to prove legitimacy; not only to safeguard against counterfeit claims and to provide robust evidence of due diligence, but to also help organisations create greater customer trust and loyalty.
ASTRAEA provides simple solutions that help legitimate product and service providers to quickly prove their authenticity, making it easier for customers to build safe and lasting interactions based on confidence and trust.
We develop, deploy, and manage the core systems required to negotiate the complex cryptographic processes essential to securely record your legitimate credentials as undisputable data. Once recorded, authorised stakeholders can simply connect to the data and quickly verify the authenticity of the claims being made.
Learn more and discover how ASTRAEA’s innovative solutions unlock the power of trust, credibility, and transparency for your organisation.
* Annual Fraud Indicator 2023
Crowe, Peters & Peters and University of Portsmouth.
