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DREP family

DREP Weekly Update 9.10–9.16

Test Net has reached 68% of development. The main body has become visible and now the main task is to optimize the details.

Development Progress

1. After the logic optimization of the master node code, the logic of the backup node code has also been optimized to improve the robustness of the overall network.

2. Optimized the information synchronization of each node and integrated the optimization of network transmission efficiency and the consistency of nodes.

3. Regarding the NAT network penetration, we found some problems and are continuing our search for the solution. The progress has been completed at 50%.

Front-end progress

Our community exclusive DRApp “reputation mining” main body has been completed, waiting for subsequent refinement, the progress has been completed at 85%.

Marketing Activity

1.On September 10th, the DREP core team interview series were officially live on YouTube! The first speaker is DREP co-founder Xiaolong, hear Xiaolong’s thoughts on Blockchain Technology! To watch the video or learn about DREP’s latest technology updates, visit https://youtu.be/qtK-IcR4umc.

2. On September 11, DREP CMO Belinda was invited to an exclusive interview with RocktheBlockLive to discuss how DREP’s reputation platform works and how to use blockchain technology to break down data silos and unleash the value of reputation data. Belinda said: “The goal of DREP is to become a bridge connecting traditional Internet platforms and blockchain technologies. The existing economic model and user growth model embedded in traditional internet platforms are the entry point for a tokenized reputation system. Coupled with the technical support of DREP, it would now be more feasible to achieve the traditional DAPP platform soft landing.”

3. On September 11, DREP teamed up with LOTS, OATH Protocol, KeyperX, Blockdaily, CryptoMonday, and Element Ventures to hold a “Chained to The Rhythm” blockchain technology meetup, attended by top blockchain projects, investment institutions and media from around the world to explore new trends in blockchain technology, with more than 200 participating parties. At the meeting, DREP co-founder Xiaolong stated: “The global economy and innovation industry are experiencing periodic downturns, but this also indicates emerging new opportunities, and the industry could face a new round of reshuffling adjustment. Faced with this historical opportunity, we should look up to the stars, be down-to-earth, and look for the direction of technological innovation.”

4. On September 12th, the second of the DREP core team interview series was released. From fintech to blockchain, Momo, co-founder of DREP, shared her vision: I hope that the reputation system will eventually run as smoothly as WeChat. Watch the video or learn about DREP’s latest technology updates at: youtu.be/4Gl6-ONyXbU

5. On September 14th, The Practice of Digital HNWIS & Digital Family Office in China was held in Shanghai. DREP co-founder Momo Chang was invited to attend and participated in the theme “How can the instructor-level industry coach help FO catch the unicorn”? round table discussion. Panelists include Zhang Suyang (IDG Lifetime Honorary Partner) and Zhao Bowen (Founding Partner of Huangpu River Capital), a veteran of the investment community. Momo Chang said at the session: “The blockchain is more like an enterprise’s innovative gene, which means that the company has revolutionized its production relationship to the value distribution system. And for Blockchain as a technical collection, in addition to the distributed ledger technology, we are also very optimistic about the development of cryptography, secure multi-party computing, etc.”

Community Activity

1.Your long-awaited “Reputation Mining” game continues and has risen to a new level — It has been a month since we first introduced the concept of reputation mining. Back then, there were members from more than 20 countries who signed up and we only selected a very limited amount of people among them. So far, we have been most impressed by the active engagement from the community. And now, we have upgraded the “reputation mining”scheme into a DRApp. We are excited to announce that the DRApp v1.0 is about to go live! For detailed game rules, please join the telegraph group.

ABOUT DREP Foundation

DREP Foundation is devoted to building a performance-oriented technology infrastructure supporting high transaction capacity for an ecosystem generating valuable reputation data. Focusing on two industry pain points: lack of user adoption and low transaction throughput, DREP Foundation aims to provide highly scalable, modular blockchain architecture for deployment of a reputation protocol that any types of platforms can use.

DREP envisions a global plan to empower a wide array of platforms to have tokenized reputation ecosystem deployed on top of DREP Chain, which is secure, scalable and reputation data supportive.

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