Post
Topic
Board Tokens (Altcoins)
Re: [ANN][ICO] 🌐 PROCUREAN 🌐 Blockchain-driven procurement network based on trust
by
ziga.v
on 29/05/2018, 11:45:57 UTC
How fast the trust rate changes? And what will matter more - the recent rates or the old ones?

Hi, quoting directly from the Whitepaper:

The business’s resulting trust rank is a composite number calculated from a weighted sum—the weight being the trust rank of the evaluator, of quantitative evaluations ranging from 1 to 10 and their financial indicators.

The reputational component dissolves over time to ensure relevancy.

This effectively means that the evaluations given from businesses with a greater trust rank will be of bigger importance and the reputational component of the trust rank dissolves over time in a linear manner to ensure that the most weighted evaluations are the most recent and therefore the most relevant too.