UPDATE
Hello
This weeks article will be about Liums Solutions.
I hope everyone have a good day.
What is LIUM Solutions? (Part 2)
There are 5 solutions that LIUM will provide to its consumers.
These 5 solutions are the penalty system, evaluation systems amongst the users, rewards for every activity that the user does within the platform, Hyperledger Fabric, and lastly free matching.
This week will be focused on Reward System, Hyperledger Fabric and Liberalized Matching.
1. Reward System
The current existing reward system is primarily focussed on closed and impractical advertisements policies. This causes lack of motivation for users to provide the service with enhanced quality information, initiating no subsidy for the service providers. The LIUM platform however, compensates rewards for its users for all activities that they provide. Thus, allowing an environment where users are encouraged to continuously provide the platform with their information due to the high motivator of rewards.
2.Hyperledger Fabric
As the main net of LIUM, Hyperledger Fabric tolerates the system of a private network. The Hyperledger Fabric also allows the platform to set the privacy settings of information permitting no scope for unnecessary information. In addition, the disadvantage of block chains slow process rates are also obscured by the Hyperledger Fabric technology, and due to the lack of commission fees of transactions, lower service fees can be obtained for escrow within the matching functions of the platform.
3. Liberalized Matching
Other intermediary platforms such as Saram In CO, Timon etc, provide precedence to those who pay a higher fee when retaining a good advertising position. Consequently, users are focused on these highly placed advertisements, therefore creating an environment where users are only to be matched with those who pay a high price. LIUM believes that these irrational system procedures should be obliterated. Thus, LIUM plans to give priority not based on the price paid by the users, but based on their personal preferences. This will construct a matching platform to better meet the users wants and needs.
Thank you for your interest about LIUM project.
Hello
This weeks article will be about Liums Solutions.
I hope everyone have a good day.
What is LIUM Solutions? (Part 2)
There are 5 solutions that LIUM will provide to its consumers.
These 5 solutions are the penalty system, evaluation systems amongst the users, rewards for every activity that the user does within the platform, Hyperledger Fabric, and lastly free matching.
This week will be focused on Reward System, Hyperledger Fabric and Liberalized Matching.
1. Reward System
The current existing reward system is primarily focussed on closed and impractical advertisements policies. This causes lack of motivation for users to provide the service with enhanced quality information, initiating no subsidy for the service providers. The LIUM platform however, compensates rewards for its users for all activities that they provide. Thus, allowing an environment where users are encouraged to continuously provide the platform with their information due to the high motivator of rewards.
2.Hyperledger Fabric
As the main net of LIUM, Hyperledger Fabric tolerates the system of a private network. The Hyperledger Fabric also allows the platform to set the privacy settings of information permitting no scope for unnecessary information. In addition, the disadvantage of block chains slow process rates are also obscured by the Hyperledger Fabric technology, and due to the lack of commission fees of transactions, lower service fees can be obtained for escrow within the matching functions of the platform.
3. Liberalized Matching
Other intermediary platforms such as Saram In CO, Timon etc, provide precedence to those who pay a higher fee when retaining a good advertising position. Consequently, users are focused on these highly placed advertisements, therefore creating an environment where users are only to be matched with those who pay a high price. LIUM believes that these irrational system procedures should be obliterated. Thus, LIUM plans to give priority not based on the price paid by the users, but based on their personal preferences. This will construct a matching platform to better meet the users wants and needs.
Thank you for your interest about LIUM project.