NEW: Reputation System Ver. 1.0 + $GRT and ILS | Request

This article was first published on Request - Medium

👋 Request enthusiasts,

It’s time for another update on what the Request team has been working on diligently during the last 2 weeks.

2 more currencies have been added in to our list as means of payment with the Request Invoicing app: $GRT and ILS (Israeli New Shekel)

The Graph (GRT)

The Graph is an indexing protocol for querying data for networks like Ethereum and IPFS, powering many applications in both DeFi and the broader Web3 ecosystem. Anyone can build and publish open APIs, called subgraphs, that applications can query using GraphQL to retrieve blockchain data.

The Graph Token (GRT) is a work token that rewards those who provide indexing and curating services to the network. Active Indexers, Curators and Delegators can earn income from the network proportional to the amount of work they perform and their GRT stake.

Israel Shekel (ILS)

The Israeli new shekel, also known as simply the Israeli shekel, is the currency of Israel.

The Request Reputation System is live (Ver. 1.0)

We are using blockchain to make financial behaviors more fair. Payers now have an incentive to pay on time. One of the exciting features in development is the reputation system for the Request Invoicing app which is currently in use internally and not yet accessible to the public. The main goal here is to build a reputation system that would facilitate a more reliable relationship between freelancers, businesses and organizations.

The main benefits derived from this reputation system are to enable businesses, offering a service, the chance to assess the quality of the people and companies they will work with, based on their reputation score. On the other hand, companies who are buying a service from a business are incentivized to pay their invoices on time to maintain or improve a high reputation score. In the future, businesses will ...

To keep reading, please go to the original article at:
Request - Medium

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