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Nepal
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453 Review
106 Karma

Review on REPO by Syed Adnan

Revainrating 2 out of 5

Revolutionary blockchain project.

It is an answer that will accomplish profitable recuperation of resources for auto moneylenders by joining a tremendous association of individuals to help with finding delinquent vehicles, persuaded by digital currency rewards.
Their portable application will highlight license filtering and acknowledgment innovation. It will utilize the client's cell phone camera to filter license and optical character acknowledgment to consequently recognize those characters and parse that data to their server. They will at that point coordinate the tag number against continuous information base of delinquent vehicles.
The concept of REPO (REPO) project is awful and as it is written about the use of tokens in their whitepaper, the demand for tokens will increase in future but it is necessary to release their application. Although their application is scheduled to be released in Q4 2020, the team has not yet made an announcement on this, although 2021 is about to begin.
Overall, the future of REPO (REPO) depends on their development, although I do not think the project is promising because the pace of development of the team is very slow.
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Pros
  • Effective and more straightforward platform.
  • It give simple to utilize license checking and acknowledgment innovation.
Cons
  • Since it is a Stellar based project and only listed on Stellarterm, trading pairs and volume are much lower.
  • Somewhat unfamiliar project due to lack of marketing.
  • The application has not yet been released for beta testing.
  • The development of the project is slow and the team has no connection with the community.