The Tru Reputation Network is the first truly decentralised ‘Proof of Reputation’ solution. leveraging a patent-pending Semantic Terms feedback algorithm the Tru Reputation Network solves the problem of ‘crowdturfing’ or otherwise non-genuine feedback, a problem that affects 14% of E-Commerce Spending each year (currently at $320.6 Billion). We have been quietly building out our solution and are now ready to take it to the public.
The Tru Reputation Network is not just a White Paper. A Private version of the Tru Reputation Protocol that underpins the Tru Reputation Network achieved significant success in the last 6 months. Trubador (https://trubador.com) launched a private beta in June 2017 leveraging a private custom blockchain with the prototype of the Tru Reputation Protocol - it has currently got 16,000 monthly active users, process more than 300,000 transactions, reported over 1.1 million items of Semantic Feedback- with 0 synthetic reviews in that time.
The Tru Reputation Network allows the ability to persist your reputation between any platform within the Tru Reputation Network- allowing hard-earned reputation to follow users and businesses between the platforms they use. Through the Tru Reputation Token that is at the heart of the Tru Reputation Network, users & platforms who submit feedback are rewarded for their work; platforms wishing to query that reputation data pay in Tru Reputation Token. Holders of Tru Reputation Tokens will be eligible to receive 25% of the network fees proportional to their Tru Reputation Token fees, encouraging price stability and rewarding holders in the long term.