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Tru Reputation Protocol: Providing the best solution to Reputation and Trust problems in the world of Commerce through Blockchain and Off- Blockchain Technologies
From the inception of commerce in the early days, Trust has been a paramount issue. The question of “how do you trust a person you have never related with before?” has led individuals and organizations to come up with diverse solutions, but all along, it seems no one has actually been able to solve the puzzle reliably and sustainable.
At a time, personal recommendation became the existent avenue of obtaining guaranteed reputation, but with advancement in commerce, word-of-mouth reputation could no longer thrive. It was succeeded by double-entry accounting in the area of finance. This too did not seem efficient, which led to the era of codification of reputation into tangible benefits. All these pre-digital attempts have all been proven to be imperfect, or better still, fallible.
One may quickly think that the emergence of digital systems would resolve the issue of reputation in commerce and set the pace for real trust in transactions. It simply didn’t. Rather, it compounded the problem and increased confusion due to the fact that people can create fake reviews, as well as the fact that there is no single source of truth for reputation.
In a bid to find a solution that provides enough incentive for reputational persistence across platforms that any system of review or feedback can be considered authoritative, the Tru Reputation Protocol idea was born.https://tru.ltd/
Tru Reputation Protocol is a platform that seeks to provide a solution to the problem of establishing a single source of truth for Reputation in digital systems. It is the first Proof Of Reputation mechanism that is natural and easy to use, where each party in a transaction leaves feedback for others by providing or selecting Semantic Terms. In addition, Tru Reputation Protocol aims to establish an economic model around Reputation through rewards for contributions and payment for consumption. This way, it ensures that all parties involved in a transaction get incentives for the feedback they provide as well as making sure that value is derived from the consumers of these feedback data on the Tru Reputation Network.
Use cases on the Tru Reputation Protocol include:
• Monetization of your feedback and Reputation
• Persistence of reputation between platforms
• Scoring of transaction risk based on reputation
• Enhancement of digital security in the Internet of Things (IoT)
Tru Reputation protocol is confident that it will become the major field player in solving the reputation problem in the near future. Some reasons for this assurance include:
It is the only Reputation and Rating Platform to offer persistence and platform agnosticism.
It is the only Reputation and Rating solution to reward contributions with an innovative economic model.
Form more detailed information download the Tru Reputation Protocol White Paper at https://tru.ltd/Tru_Reputation_Protocol_White_Paper.pdf
As a way of raising funds for the full actualization of the Tru Reputation Protocol project, Tru Ltd will be issuing a Token sale of the Tru Reputation Protocol Token (TRU), which is an ERC-20 compliant token.
A total of 100 million TRU tokens will be issued of which 5 million will be made available for the pre-sale and 45 million for the main crowd sale, making a total of 50 million TRU tokens for the Token sale. During the Token sale, 1TRU = 0.001ETH and minimum purchase requirement will be 1250 TRU.
The pre-sale begins on 4th January, 2018 through to 5th March, 2018, while the crowd sale will begin at the end of the second quarter of 2018 and run for 30 days. Bonus during the pre-sale will be 25% and 12.5% during the crowd sale.
To learn more about the TRU token and the token sale, see the ‘White Paper’.
The pre-sale is currently on. Click on https://tru.ltd/tokensaleto buy tokens. Don’t miss this opportunity!
Follow Tru Reputation Protocol on the following social media platforms
https://twitter.com/tru_ltd
https://t.me/truchat
https://t.me/truprotocol
https://github.com/tru-ltd
At a time, personal recommendation became the existent avenue of obtaining guaranteed reputation, but with advancement in commerce, word-of-mouth reputation could no longer thrive. It was succeeded by double-entry accounting in the area of finance. This too did not seem efficient, which led to the era of codification of reputation into tangible benefits. All these pre-digital attempts have all been proven to be imperfect, or better still, fallible.
One may quickly think that the emergence of digital systems would resolve the issue of reputation in commerce and set the pace for real trust in transactions. It simply didn’t. Rather, it compounded the problem and increased confusion due to the fact that people can create fake reviews, as well as the fact that there is no single source of truth for reputation.
In a bid to find a solution that provides enough incentive for reputational persistence across platforms that any system of review or feedback can be considered authoritative, the Tru Reputation Protocol idea was born.https://tru.ltd/
Tru Reputation Protocol is a platform that seeks to provide a solution to the problem of establishing a single source of truth for Reputation in digital systems. It is the first Proof Of Reputation mechanism that is natural and easy to use, where each party in a transaction leaves feedback for others by providing or selecting Semantic Terms. In addition, Tru Reputation Protocol aims to establish an economic model around Reputation through rewards for contributions and payment for consumption. This way, it ensures that all parties involved in a transaction get incentives for the feedback they provide as well as making sure that value is derived from the consumers of these feedback data on the Tru Reputation Network.
Use cases on the Tru Reputation Protocol include:
• Monetization of your feedback and Reputation
• Persistence of reputation between platforms
• Scoring of transaction risk based on reputation
• Enhancement of digital security in the Internet of Things (IoT)
Tru Reputation protocol is confident that it will become the major field player in solving the reputation problem in the near future. Some reasons for this assurance include:
It is the only Reputation and Rating Platform to offer persistence and platform agnosticism.
It is the only Reputation and Rating solution to reward contributions with an innovative economic model.
Form more detailed information download the Tru Reputation Protocol White Paper at https://tru.ltd/Tru_Reputation_Protocol_White_Paper.pdf
As a way of raising funds for the full actualization of the Tru Reputation Protocol project, Tru Ltd will be issuing a Token sale of the Tru Reputation Protocol Token (TRU), which is an ERC-20 compliant token.
A total of 100 million TRU tokens will be issued of which 5 million will be made available for the pre-sale and 45 million for the main crowd sale, making a total of 50 million TRU tokens for the Token sale. During the Token sale, 1TRU = 0.001ETH and minimum purchase requirement will be 1250 TRU.
The pre-sale begins on 4th January, 2018 through to 5th March, 2018, while the crowd sale will begin at the end of the second quarter of 2018 and run for 30 days. Bonus during the pre-sale will be 25% and 12.5% during the crowd sale.
To learn more about the TRU token and the token sale, see the ‘White Paper’.
The pre-sale is currently on. Click on https://tru.ltd/tokensaleto buy tokens. Don’t miss this opportunity!
Follow Tru Reputation Protocol on the following social media platforms
https://twitter.com/tru_ltd
https://t.me/truchat
https://t.me/truprotocol
https://github.com/tru-ltd
Wallet Address:
0x855382e202d3dcadfda10f62969b38dcee558270
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