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The reputation exchange combines two basic terms: reputation and exchange. Reputation exchange is a repetition marketplace where one can capitalize on reputation and trade while promoting the digital identity, alongside interactions, online dialogue, and fun.
Reputation exchange combines digital and real identity, providing a managed blockchain online register. After getting the digital preparation identity in its professional and standard versions, the recorded members will have access to two varied kinds of products: reputation exchange market and reputation exchange apps.
Reputation exchange engages itself with online reputation management that impacts groups’ reputation and public figures like political parties. Malicious online content and negative publicity can wreak havoc on celebrities like people who have made some name in cinema, athletics, politics, and social media. Various malicious online content and negative online presence might affect the social portfolio of political parties and celebrities.
Reputation online register utilizes blockchain technology to create a digital reputation that is immutable, transparent, sound, independent, and distributed. Blockchain technology enhances digital reputation identity management, including the expression of personnel and constitutional rights associated with the right of reply.
Every registered user on the RoR or reputation online register gets a possibility to access a range of products and services (for example, trades, games, products), including a repetition identity, with repetition at their core.
The reputation exchange is referred to as a regulated or electronic over the counter market. It is based on the unique trading platform acknowledged as reputation trading.
The reputation trading and reputation exchange platform both works on the concept of REX. This concept’s nature is an amalgamation of conventional exchanges like currency exchanges, cryptocurrency token exchanges, and stock markets. The nature of the requirement, safety, and regulations, which are a part of this concept, have been taken from conventional exchanges and cryptocurrency or token exchanges.