Blockchain-Based Token Ecosystem
Last updated
Last updated
Blockchain technology leverages decentralized ledgers and cryptographic algorithms to ensure data integrity and transparency. All participants share the same information without relying on a central server, eliminating information asymmetry. This makes the data highly secure and resistant to tampering or unauthorized alterations. Additionally, smart contracts enable automated transactions, allowing for efficient operations without intermediaries.
In the new book ecosystem, blockchain technology establishes a reward system for participants.
Readers are rewarded with tokens based on their contributions, such as adding book information or submitting reviews. Authors and publishers are also rewarded for providing valuable data and content. The tokens earned can be used within the ecosystem to purchase exclusive content or access premium data.
In the TREZBOOK ecosystem, all data belongs to the individual participants, with their data sovereignty fully protected. Moreover, all reward transactions are transparently recorded on the blockchain, ensuring trust and accountability.