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DREP proposes the concept of Smart Pipeline technology, which reportedly improves data processing ability, similar to a layer2 solution with strong scalability and zero gas consumption. DREP upgrades advanced technology solutions into APIs and Plug-ins, thus lowering blockchain learning costs, development difficulty, and complexity on the application/enterprise side.
DREP adopts a Schnorr Multi-Signature Algorithm that is based on the Secp256k1 elliptic curve to improve network efficiency and reduce transmission overheads.
To achieve data connectivity and privacy protection, DREP has designed a Decentralized ID (DID) system based on HMAC (Hash Message Authentication Code) algorithm, forming a dual-layer system of master ID and multiple sub-IDs. DREP Client allows users to manage data and assets on centralized and decentralized platforms within one interface.
To enhance data privacy protection, DREP Chain adopts the use of homomorphic encryption to safeguard users’ sensitive information.
To provide an easy-to-use tool interface for 2B enterprises and provide an efficient and frictionless service portal for DREP Ecosystem users, DREP launched a comprehensive DREP Client integrating functions including asset management, identity management, application development, and traffic portal.
Q3 2017
Q4 2017
Q1 2018
Q2 2018
Q3 2018
Q4 2018
Verified 25%
Attention. There is a risk that unverified members are not actually members of the team
Verified 0%
Attention. There is a risk that unverified members are not actually members of the team
Market Competitive environment:
Ink Protocol during ICO $15 M is raised, capitalization is $5.1 M, ROI USD - 0.22x
Verify - $2.5 M is raised, capitalization is $1.6 M, ROI USD - 0.54x
Layer Protocol, Talao, Hub token, MetaCert Protocol - projects are in preparation for the ICO
The project advantages:
Strong team with solid blockchain basis, profound BD and PR strategy and knowledge in reputation
A highly scalable solution that has a high velocity of user base growth
Internally incubated product that can generate more than thousands of token holders at its launch, which can support the token price and help to market the main product
Continuous release of live DApps can guarantee a long-term stability, interest in the project
DREP doesn’t plan to be a stand-alone platform like many existing competitors, but rather provide a protocol for the existing internet platforms.
SOCIAL ACTIVITY
The project popularity in the social networks and discussion forums
Telegram: 19.3k members, user activity is high
Facebook: 110 followers, average number of likes per post is 2, average number of sharing ings per post is 1.
Twitter: 1.2k readers, average number of likes on one tweet is 15, average number of retweets per post is 4
Medium: 210 followers, post commenting activity is very low
Reddit: n/d followers, average number of comments per post is 1
