Howdy,
A new feature to search for Verified PGPs has recently been added to BlackBank. A Verified PGP is a PGP public key which ownership of has been verified through an encrypted challenge question that only someone with a private key can respond to. Since only the holder of a private key can decrypt the encrypted code, this will indicate that the public key in the profile belongs to the owner and not someone copying a PGP key into their profile to impersonate another person (ex. a reputable vendor).
This feature is designed to assist buyers in finding and verifying the identity of vendors from other markets. It is an assurance that the two vendors are the same and prevents fraud. This feature can also be used by vendors who are just starting up in BlackBank to refer to their past profiles and feedback on other markets and identify themselves through the PGP code.
Benefits of the New PGP Features:
- Assist buyers in verifying the identity of vendors
- Buyers will be able to easily find a vendor by searching for the vendor's verified PGP public key
- Even if vendors do not have any feedback on BlackBank, they can use their verified PGP public key to identify their profiles on other markets
- Vendors using the verified PGP public key as reference to their profiles on other markets will be able to show past feedback as assurance to buyers
If there are any questions or feedback, please feel free to contact me at anytime.
Cheers,
MDParity