DREP, a blockchain-based decentralised reputation system, aims to lead just how and send a positive “signal” around the world in developing effective blockchain DApps. DREP Signal Lab aims to internally incubate several leading Online Reputation, also called DRApps (Decentralised Reputation Apps)
Anyone that desires to work in blockchain industry, disrupt internet products, would like to meet up with the newest trend, happens to be researching and dealing with Android & iOS os, and merely hopes to jumpstart their career. DREP will provide you an opportunity of deep-diving our white paper, unveiling and exploring the blockchain technology, changing internet centralization, having one on one meetings with experienced developers, researching blockchain products, joining us part time or full-time ……
Blockchain is Transparent because each of the transactions who have ever happened on the network are publicly readily available for someone to download and verify using message signature, and also this behaves as a safeguard against fraud along with other malicious activities. Another feature of blockchain is definitely the decentralisation of authentication, with decentralised applications we will no longer have to authenticate having a central server (VISA or Master Card), instead we authenticate with all the blockchain itself. This gives a degree of accountability and transparency which is unprecedented. This is good for finance institutions along with individuals social environments where these are concerned about their online security and privacy.
Blockchain is Decentralised in the sense that there is no single point of failure on the network. If one of the mining nodes is down, the network can continue to operate and transactions can still happen without problems as other nodes on the network will be accessible to verify the transactions. It is a massive difference towards the way the local banks handle it, you would have at least experienced it once that your bank would send you information saying you can not send or receive money from and to your bank account from this date to this date due to maintenance, system problems, etc.
The second trouble with transferring money utilizing your local bank is transactions could sometimes take lots of time to be validated and verified, that is certainly in case you are sending money to a person that uses a bank distinct from yours or if the transaction is happening on the weekends. Although many people could get around these time limitations simply by waiting around for 1 or 2 days for the transactions to be confirmed, others specifically in business might find this quite problematic for their business cash flow and Payroll management. The good thing, blockchain solves most of these problems for us in a very quick and easy way. With blockchain we are able to now send and receive money to any person anywhere around the globe inside a very short confirmation some time and to get a almost no cost.
DREP is always to begin a strong Signal Online community. Join Hackathon 2018, and crack the case: ”How can users’ reputation be quantified and monetised through platform tokens, and decentralised across different internet platforms?” Participants get the chance to obtain a prize money of 100,000 RMB , become part of DREP Signal Lab, and obtain a start-up investment from DREP Foundation. Join DREP Signal Lab, master the development of blockchain technology, develop the first DAPP, and take gnlowe in building DREP’s reputation system. You will end up given possibilities to contact Lead developers of DREP Signal, join DREP team and acquire invited as being a special guest for DREP Signal offline forum.
DREP’s decentralised reputation network will officially open source to the community on Github. We are going to publish smart contract templates for token creation, build blockchain consensus algorithms, build a DRApp ecosystem. DREP will concurrently regularly update on the development of our open source project. The better you contribute, the more are the probability of you becoming the next blockchain technology expert.
Cryptocurrencies such as Bitcoin yet others happen to be the highlight from the news recently with prices fluctuating from records high to a few cryptocurrencies losing up to 50 % of the capitalizations within hours. It has caused plenty of uncertainty and raised many questions as to why there is certainly cryptocurrencies, why we must have them and in case they are going to ever last. To ensure that us to give reasonable answers to these questions, we must first know very well what advantages do these cryptocurrencies offer us and how they could change the state the entire world that we are now living in today. I think that the viewers looking over this article have zero experience with cryptocurrency and blockchain technology the technology that underpins Bitcoin and many other cryptocurrencies