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Decentralized reputation and payments for P2P marketplaces

Decentralized reputation and payments for P2P marketplaces

Ink

 INK

 Rank 616

 Token  Qtum

Written By: Christian
Date Reviewed: 29 May 2018
Christian Rated INK
 4/5
Ink (INK) Over all Rating:
Good Overall Rating 4/5
Christian Wrote:
Online marketplaces are now an everyday facet of the digital world. Hundreds of millions of people use sites like Facebook Marketplace and Craigslist to buy and sell goods. One of the major issues when conducting online transactions is trust between buyers and sellers. Online marketplaces benefit from systems based on reputation to help buyers and sellers decide whom to transact with. But on sites which employ reputation-based ratings, users do not have ownership over their own reputation. What if reputation was owned instead by the users themselves and could be seamlessly transferred across marketplaces? The Ink Protocol ICO proposes a way to do just this.

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