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Review on Revain by spyder spyder

Revainrating 5 out of 5

Revain is a review platform built on the blockchain. The benefits of writing…

Revain is a review platform built on the blockchain. The benefits of writing reviews onto a blockchain are obvious: reviews cannot be edited, deleted, or modified. Users are incentivized to leave reviews with the use of RVN tokens. Revain also has an IBM Watson-based AI system that filters content and ensures reviews pass certain quality and verification tests.



Pros
  • Revain Features Some of the core advertised features of the Revain platform include: Artificial Intelligence: Revain’s platform has been developed “in close collaboration with hi-tech IBM AI systems”, explains the official website. Specifically, Revain uses IBM Watson’s Tone Analyzer and Natural Language Understanding to build its review platform with the automatic filtration system. Stable Tokens: RVN is the stable, inner platform currency designed so it “isn’t volatile at all”. Immutable Reviews: Using the Ethereum blockchain, Revain ensures all data posted on the platform is immutable. Reviews cannot be changed, edited, or deleted by anyone. Incentivization: Revain has a rewards system built in where users receive tokens for each review. The only requirement to receive tokens is that the review needs to get past the “filtration stage”. Automatic Filtration: Revain is using machine learning and neural networks to detect all types of unwarranted text, including spam, floods, abuse, etc. Unbiased System: Decentralized autonomous organization (DAO) features and smart contracts will defend Revain against all types of fake reviews. It’s an unbiased system that doesn’t require a central organization or management team. Users don’t need to trust the platform to perform any actions. It’s autonomous and decentralized. Transparent: Anyone can check all of the reviews or transactions. Revain also has a public Github page where you can explore their code. Web Application: Users will interact with Revain through a web application. Two Tokens: Revain will have two tokens, including an R token (a crowdfunding instrument made on the Ethereum blockchain) and the RVN token (a stable, inner currency that can be used for all operations inside the platform, helping to provide fixed service costs). 80% of all R tokens will be sold during the crowdsale. Review Snapshot Storage (RSS): Revain will have a feature called Review Snapshot Storage, or RSS, which provides independent storage based on Ethereum smart contracts. It allows anyone to check all the reviews written onto the Revain platform. Who’s Behind Revain? Revain is led by Rinat Arslanov (CEO), an entrepreneur with 10+ years in business, venture capital, and blockchain experience. Other key members of the team include Sergey Potekhin (CTO and Tech Lead), who leads the development and blockchain design of Revain. Full details about the team can be viewed online at Revain.org.
Cons
  • Overall, Revain aims to reinvent the review industry. Obviously, it’s an industry that needs a change: fake reviews are commonplace on the internet, and a five star review on TripAdvisor, Yelp, and similar ratings websites can change the course of a business. Revain aims to change the review system to ensure legitimate reviewers are posting legitimate reviews of high-quality businesses.

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