Decentralized Business Rating Verification Use Cases

Checkdot
3 min readNov 6, 2021

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When we are a new on a platform, we carefully look for the users’ opinions. These reviews have a significant influence on our choice to using the services. In the case where we have followed the reviews put forward by a platform, we have trusted the service blindly without even realizing it. The platform can manipulate reviews, but this is not the case for all platforms, some of which seek to be transparent with their users. This is where the need for decentralization comes in Blockchain technology allows keeping the information indefinitely. With CheckDot, the reviews will be structured and persistent in time which helps to display with transparency the qualities & defaults of the companies registered on the decentralized service. With your feedback on different protocols, cryptos or others, we will create together the decentralized world of tomorrow.

Service for users:

Each user giving its opinion will have a guideline allowing the Services & Business to be valued on a score.
The user checks by following this course of action and then validates the form. In exchange for this constructive opinion, the validators are rewarded with CDT.

Service for Companies:

Each company can register and deposit a CDT rewards pool to engage users to give their opinions. A link to share with the community is provided to join the form quickly.

Service for external users:

When a user searches for reviews on a particular platform, he can find CheckDot reviews via search engines or directly on our dedicated website.

Service roadmap:

  1. (Q1 2022) Realization of the web application to visualize the feedback.
  2. (Q1 2022) Feed the platform with content using reserved funds (Wallet Bounty Rewards).
  3. (Q2 2022) Collecting as many opinions as possible on most of the large companies in the Crypto ecosystem.
  4. (Q2 2022) Approach companies on the use of the service and the visibility it provides.
  5. (Q3 2022) In a second step, link the Auditing Verifications to registered companies.

To fuel the start of the service, the CheckDot team will add the most used platforms in the crypto ecosystem. A Bounty Rewards program is dedicated to this in the allocation of the CDT token.

Presentation of the different interfaces:

The business rating verification service will expose a web application with a search engine to search for a particular business.

Website Model first version.

Verification requests will be available on a dedicated website for validators where they can participate.

Testnet interface dev in progress.

The interfaces presented aren’t the final result.

Regarding the adoption of this service for businesses?

The businesses will be able to register on the platform and add funds to reward participants.

CheckDot will seek partnerships with large companies to accelerate adoption of the service.

For more information on CheckDot follow us on social networks:

Telegram: https://t.me/checkdot

Instagram: https://www.instagram.com/checkdot_protocol

Linkedin: https://www.linkedin.com/company/checkdot

Twitter: https://twitter.com/CheckdotProto

Website: https://checkdot.io

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Checkdot
Checkdot

Written by Checkdot

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