Ninjastic
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Board Announcements (Altcoins)
Re: [ANN] STACKTICAL (DSLA): Meet the 1st Downtime Crypto-Insurance! ⭐⭐⭐⭐⭐ Rated ICO
by
azamkh
on 19/12/2018, 22:31:56 UTC
Quote from: cantap on December 19, 2018, 10:30:13 PM
Quote from: azamkh on December 19, 2018, 10:29:11 PM
Quote from: cantap on December 19, 2018, 10:28:23 PM
Quote from: azamkh on December 19, 2018, 10:27:42 PM
Quote from: cantap on December 19, 2018, 10:26:56 PM
Quote from: azamkh on December 19, 2018, 10:25:58 PM
Greetings everyone. Am I right that Stacktical couldn't be as efficient as it is supposed to be without decentralization?

Hey man! Yeah, that's correct. Their system removes many intermediaries when it comes to manage customer expectations and settling disputes after service failures  Wink

But if we are speaking about decentralization, how exactly is that realized? Kinda what are the decentralized nodes?

Interesting question. Well, SLA are deployed as Smart Contracts on the Ethereum blockchain. It makes them decentralized by nature, and able to borrow the properties of the blockchain, such as the immutability of records. Service providers use SLA to make claims about their reliability, in order to acquire and retain customers  Wink

Is it cheaper to retain the existing customers than attract new one?

Of course! There was a special research comparing these 2 ways and attracting a new customer is 10 times (or even more) more expensive, as far as I remember, than retain the existing one  Roll Eyes

Wow, I thought that the difference is not that high. Seems that in this case the usage of SLA is slightly more beneficial