Blockchain Super App Legion Network leverages SHIELD’s risk intelligence to build safer user communities
Legion Network, the first super app to create an accessible blockchain ecosystem, today announced its partnership with SHIELD, the global risk intelligence company, to strengthen defenses against fraudsters as part of its commitment to provide users with a fair and trusted trading environment.
The Legion Network provides an easily accessible platform for crypto enthusiasts to trade, learn and collaborate with like-minded community members. Users can buy over 80 cryptocurrencies in over 160 countries, trade NFTs and earn tokens. The partnership will see Legion Network utilize SHIELD’s Device Intelligence solution to strengthen its fraud prevention capabilities and ensure a trusted and fairer platform for users.
A unique aspect of Legion Network’s ecosystem is Legion Arcadia, a gaming platform where players can participate in daily challenges to win crypto and NFT prizes. Platform users can also hold and participate in competitions for prizes, as well as be awarded trophies for high engagement. This meant that scammers could potentially speed up the winning process by using jailbroken devices, cloning apps and installing automatic clickers. They can also create multiple accounts to increase their chances of winning prizes from user-organized contests. This creates an unfair playing field for other participants, which negatively affects user trust and the integrity of the platform.
Legion Network uses SHIELD Risk Indicators to identify when and which malicious tools and techniques are in use, identifying the fraudsters who are trying to generate unfair advantages for themselves by winning daily sweepstakes or contests. The platform also uses SHIELD ID to accurately detect devices linked to multiple accounts. These solutions therefore give Legion Network the opportunity to build safer user communities.
Operating in the blockchain industry comes with expectations of the highest standards of privacy, so it’s key that SHIELD’s Device Intelligence can identify real users without the need for personally identifiable information (PII) and other traditional KYC measures. Supercharged with SHIELD’s technology, Legion Network can provide its users with the most reliable platform for their crypto needs and continue its global growth.
Athar Ahmed, CEO of Legion Networksaid “At Legion Network, we believe crypto is for everyone and our mission is to enable our users to connect, collaborate and engage with like-minded crypto enthusiasts on a massive scale. SHIELD’s risk intelligence has become an indispensable part of our fraud prevention strategy , and helped us ensure that we focus our efforts on building the best ecosystem we can for real users.”
Justin Lie, Founder and CEO of SHIELDcommented, “Crypto is an extraordinarily fast-moving movement where trust is paramount. We are honored to work with Legion Network to protect the platform and its users from fraud and abuse. By prioritizing the security of its systems, Legion Network is positioned to take the crypto world by storm and drive continued growth globally.”
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About Legion Network
Legion Network, the first super app that integrates the industry’s best services into one accessible blockchain ecosystem, has announced its official launch. As the first of its kind, the super app aims to revolutionize the crypto space by offering a range of services ranging from Crypto Wallets, NFTs, Play to Earn, Watch To Earn, Launchpads, Rewards and more. Legion Network aims to empower users, regardless of their experience, to become familiar with the new benefits of blockchain technology.
About S.H.I.E.L.D
SHIELD is the world’s leading risk intelligence company, helping global organizations such as inDrive, Alibaba, Mobile Premier League (MPL), TrueMoney and Maya stop fraud, build trust and drive growth. We combine AI and explainable machine learning algorithms to help all online businesses stay ahead of new and unknown fraud.
With offices in San Francisco, Miami, London, Berlin, Jakarta, Bengaluru, Beijing, Singapore, we are rapidly achieving our mission of enabling trust for the world.
For more information, visit shield.com. Follow us on LinkedIn and Twitter.
