At present, there is a huge demand for online products & services and people trust only at one thing these online sites that are their ratings and reviews. Whereas there are some who do not trust these sites or reviews. There are several review and rating systems available in the online industry. These rating systems are offer dispersed results which makes difficult for the consumers to search the right review results. Furthermore, if we see the use of blockchain is high as this technology helps online businesses to create trust among the buyers or consumers and create transparency.
One such platform that is built on the blockchain technology is Lina review that helps businesses to build their own review system through it. Not only this, the platform addresses different issues that are related to immutability and transparency of rating and review score. Moreover, it develops a mechanism so as to help the experts and users to easily earn profits which are completely based on the system development and reviews quality via smart contract.
To whom this platform is beneficial?
For merchants
Merchants are those parties who provide services and goods who want that their products should get reviewed. If you are a merchant and you want to join the community or system, then you are required to register with this platform with a specific business field where you have to pay a small registration amount. However, it is not necessary to pay because it totally depends on the configuration. But, if in case there is a fee required, then it is distributed as an advertising fee.
For advertisers
Advertisers are those individuals or businesses who want to advertise their business or product over this platform. Usually, a merchant can also be an advertiser who is treated as a special merchant on this platform who in turn could be referred to as a merchant. However, the revenue generated from advertising is distributed to all system participants as per the configuration on every system of Lina review platform. But, 10% of the amount of distributed for the operation and administration of this platform.
For helpers
Experts on this platform are referred to as helpers that are qualified and who have the ability to review any service or product on this system. However, when the services or products are reviewed their reviews are separately displayed.
For common users
These are those users who make use of this platform’s review system in order to search complete information about the product and its review. Not only they search the review but they can even write reviews and assessment for any specific product or service. Even common users can easily become helpers where they have distributed some part of the revenue generated through the review system.
Companies or individuals who are willing to build their own review system on the blockchain platform can easily do it over Lina review. Moreover, the participation on this platform is free but they will charge some amount for the activities that you perform on this system namely merchants, helpers, and advertisers. However, when any private review system comes into existence, 10% of the revenue will be used to operate the platform.
Structure of Lina review platform:
This platform is built on the ethereum blockchain network that uses the smart contracts concept that serves as the decentralized layer for this platform with tokens which in turn provides users transparency of reviews, payment transactions, and bids. The platform also introduces a hybrid approach that bridges a gap between blockchain transaction services and the public ethereum chain.
About Lina tokens
These are considered as native tokens of this platform. These tokens are known as ERC20 tokens that are based on ethereum and blockchain decentralized platform for all those applications that work as programmed without making any censorship, fraud or interference of the third party. The number of tokens created on this platform is 900, 00,000.33.33% where 300,000,000 are available for the public token generation event, 600,000,000 for the smart contract.
Thus, we can say that Lina review is the most prominent solution for consumers who are searching for the right reviews of any product or service. It even offers its helpers, merchants, and advertisers chance to earn a profit. Building your own review system on this platform will easily help you create a good image of your business and help you earn billions and dollars.
Website : https://lina.review
Whitepaper : https://lina.review/lina_whitepaper.pdf
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