Review on DREP by Adedayo Adeniji
DREP
DREP builds connectors and toolkits based on cryptocurrency ledger technology in other to provide solutions that enable usage ease, flexibility and frictionless integration.
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In other to abolish for you the usual segregated users and multiple chains data, DREP builds an open data ecosystem on chain making use of its DREP chain, DREP ID, DREP reputation protocol and DREP SDK, in addition decentralized application team are enabled to use multi public chain asset versions, built in wallets and asset trading platforms easily.
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It is a decentralized ecosystem which quantifies and monetise reputation value.
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DREP uses smart pipeline technology which improves data processing ability and gives stronger scalability with zero gas consumption. It also uses an adopted multi-signature algorithm to better network efficiency and limit transmission running costs.
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Pros
- It is decentralized
- It is ERC20 based
- It is listed in 6+ exchanges
- It is multilingual
Cons
- It is only listed on few exchanges
