DREP Rating on TokenInsight

DREP Foundation
DREP family
Published in
3 min readMay 23, 2019

On May 20, TokenInsight, a global token & data rating agency, published the rating report for DREP. DREP received a project rating of B with a stable outlook. Overall, the risk of DREP is moderate :)

Here is the English version of TokenInsight report. Enjoy the read!

INTRODUCTION

DREP is committed to build a high-performance public chain and at the same time, a complete, open ecosystem for developers as well as individual users so that they could access to flexible, easy-of-use and frictionless solutions.

DREP adopts a dual-layer structure constituting of a main chain and sub-chains. The main chain is mainly responsible for maintaining the security of the sub-chains. While the sub-chains are used to develop and operate DApp, and to serve enterprises in a way that they could develop their own main-chain-based blockchain. Meanwhile, the sub-chains are compatible with a variety of functions within the main chain. In addition, DREP proposed the concept of Smart Pipeline, which is used to transfer data between blockchain virtual machines and external applications to improve data processing capabilities in batches and the efficiency of some functions within the network.

DREP, aiming to reduce development costs, develops API, Plug-in and SDK catering to vertical industries so that DApp R&D teams are able to release multi-public-chain asset versions, built-in wallets and asset trading platforms with one-click. Moreover, based on DREP ID, DApp R&D teams are also capable of acquiring more public chain users, transforming various digital asset holders into their clients.

Taking all all data into account, TokenInsight gives B to DREP with a stable outlook. Overall, the risk of DREP is moderate

FULL REPORT

About DREP Foundation

DREP is committed to building “connectors” and “toolkits” based on blockchain technology, providing solutions that combine ease of use, flexibility and frictionless integration. Based on DREP Chain, DREP ID and DREP SDK, DApp R&D teams are able to release multi-public-chain asset versions, built-in wallets and asset trading platforms with one-click.

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DREP Foundation
DREP family

DREP 2.0 is the decentralized credit-data middleware based on layer-2 facilities, to be the backbone of DeFi Credit Era.