Taraxa Use Case

In our previous article, we introduced the rationale behind building Taraxa Echo 👇👇. Introducing Taraxa Echo — a social listening platform. We call it ‘hype farming’: measuring and directing attention and reputation in Web3.medium.com Here, we’ll outline a preliminary design Echo’s decentralized architecture. Since this is under ongoing development, expect changes down the road. 1️⃣ Echo Node The Echo Node is the core of the decentralized data collection network. They’re run by individual node…

How inferring reputation from informal transactions adds value to everyday business and personal interactions? — Quantifying off-chain signals through Taraxa’s audit logging to measure reputation. Everyday business relations that mostly happen off-chain are essentially a collection of interactions or informal transactions. Informal transactions over time reveal entities’ working relationships with one another, forming the basis for a quantified reputation.

Making most of the operational data verifiable is a difficult task, but Taraxa can track informal transactions. — Blockchain was intended to created to track financial transactions, but later, after the launch of the Ethereum blockchain, we realized blockchain could solve many severe issues. Today, in this era, every industry leveraging the power of blockchain to reshape its ecosystem. …

The visibility in the auto parts supply chain is broken. The automotive supply chain is one of the most complex in the world. This complexity poses new challenges to auto part makers, with poor data visibility ranking high in top-20 supply chain risks as mentioned by OEMs (Original Equipment Manufacturers). …

In line with our recently updated vision statement, we start exploring how Taraxa’s audit logging of informal, off-chain transactions can benefit online and crypto communities by adding substantive metrics to identity and reputation. Lending and borrowing crypto-assets have so far been a key function in DeFi. With the rise of…

Learn how AccuGroup uses Marinate to add visibility and accountability up and down the auto parts supply chain. — The automotive supply chain for manufacturing cars, trucks, and other vehicles is one of the most complex in the world. Hence, quality assurance and certification in the auto parts supply chain require heightened vigilance and transparency to ensure that safety and quality standards aren’t compromised.

In line with our recently updated vision statement, we start exploring how Taraxa’s audit logging of informal off-chain transactions can benefit online and crypto communities by adding substantive metrics to online identity and reputation. Diving right it! How do you build a reputation online? Online reputation today is full of inconsistencies and black holes: with tons of…

We get asked this a lot, so here’s a detailed explanation of the problem we’re solving, our tech and approach to building applications. — Purpose-built for audit logging of informal transactions. In our hyper-connected world, individuals and businesses remain vulnerable to the confusion associated with off-chain data and informal daily agreements between buyers and sellers, lenders and borrowers, clients and contractors, companies and employees. At the same time, even with today’s abundance of messengers and collaboration suites, there’s still no handy…

The biggest problem of automotive supply chains. Supply chains today are plagued with points of weakness where counterfeit or substandard quality inputs can compromise the integrity of the end product. For instance, quality assurance and certification in the automotive parts sector require heightened vigilance and transparency to ensure that safety and quality standards aren’t compromised. Due to…