TOP NEWS | DREP Inked Strategic Relationship with Gaming Unicorn Bijiaqi

DREP established an in-depth strategic cooperation with a gaming unicorn Bijiaqi, well-known for its game asset trading platform. With this partnership, DREP will provide technology support and help build Bijiaqi platform into one of the leading decentralized game virtual asset trading platform worldwide.

In this partnership, DREP will provide its technologies including SDK, DID system and Reputation Protocol to upgrade the payment network, transaction system and management system. It will build a one-stop comprehensive management platform for virtual on-chain game asset liquidity of all vendors and users.

Founded in 2007, Bijiaqi has been working on matchmaking trade-offs in game assets for 12 years. Up to now, numerous global game asset producers and over 90% global B2C game asset trading platforms have registered on Bijiaqi, with hundreds of millions of PC users in western countries reached.

DREP provides technology support for Bijiaqi

Restructure the underlying network, provide a decentralized on-chain liquidity for game assets

DREP will provide underlying blockchain basement and help to build a decentralized trading network for Bijiaqi. In this network, all kinds of virtual game asset data will be recorded on chain, and each transaction on the platform will be kept in the historical records. The transaction and settlement information will be synchronized through global nodes. The data could be traced and there is no need of credit. The transaction and settlement between buyers and sellers could be seamlessly achieved at a low cost.

Aggregate fiat currency and mainstream cryptocurrency payments, build decentralized payment gateway

DREP SDK makes it easier to build a sophisticated distributed payment gateway. DREP SDK contains the back-end functions similar to a PayPal gateway so it could provide a multi fiat currency and mainstream cryptocurrency gateway to improve efficiency.

Reflect the user’s DID identity through reputation system and rebuild the ecosystem of the platform

Through the reputation system developed by DREP, the independent receivers and suppliers in the C2C environment of the previous Bijiaqi platform will be given DID identities. The DID points featuring reputation depend on the real delivery speed of vendors, user experience feedback and credibility, etc. This system could improve the ecosystem development of the platform.

Summary

The emergence and development of blockchain technology make it technologically possible for the decentralization of platform rules and storage of virtual game assets. During the process to expand the ecosystem, DREP team found that the gaming industry giants are quite interested in the potential values that this new technology can bring. However, instead of eagerly launching blockchain game projects, they are concentrated on exploring the potential of this new technology in game industry and seeking greater innovations. One of DREP’s missions is to become “connectors” and “toolkits” for these potential partners to enter blockchain industry and lay a solid foundation for them to explore this industry in the future.

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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