Review on DREP by David Olayide
The DREP Project.
DREP is another sort of blockchain and cryptocurrency affiliated project that is committed to building connectors and toolboxes based on blockchain technology. This project actually aims to provide solutions that combine ease of use, flexibility, and frictionless integration. Based on the DREP Chain, DREP ID, and DREP SDK, decentralized applications teams are able to release multi-public-chain asset versions, built-in wallets, and asset trading platforms with one-click.
The DREP Chain is a high-performance public chain fully developed by the DREP team, which is compatible with Smart Contracts in EVM and WASM format. In terms of security, DREP goes the extra mile to implement a special technology, called homomorphic encryption to safeguard users’ sensitive information and enhance data privacy.
As I made my findings about this project o experienced a sense of being overwhelmed by the technicality in the explanations. But I did find out that there is provision of DREP Client an interface that makes it easier for users of the project to do what they want to. It is an easy-to-use tool interface for 2B enterprises. It basically provides an efficient and frictionless service portal for the DREP Ecosystem.
DREP Client integrates multiple functions such as asset management, identity management, application development, and traffic portal. The DREP coin has a circulating supply of.3,810,171,028 DREP coins and a maximium supply of 10,000,000,000 DREP coins. The exchanges that support this coin for trading includes Binance, Bitmax, Gateio, and Bithumb Global and others.
Pros
- DREP is fully innovative and operational on the blockchain
- DREP Client interface facilitates asset management, and offers an ease of use feature
- Data privacy and sensitive information of users is secured
Cons
- Not much is really known about the project and it lacks sufficient detailing
- Very technical in explanation
