For the past decade, blockchain technology has been exposed to a broader audience. This has led to an increasing number of blockchain-based projects and applications. Today we have the decentralized finance (DeFi) sector, non-fungible tokens (NFTs), metaverse, GameFi, etc. There is an increasing demand for DeFi transactions to be verified via human validation. Also, blockchain technology is still relatively young, and there are many underlying risks. People have been scammed by seemingly genuine blockchain projects, and many of such things still happen today.
Therefore, there is an immediate need for a solution to these problems blockchain enthusiasts face in the industry. CheckDot, a blockchain-based tech company, recently announced the launch of the first-ever decentralized trust protocol. This will be a game-changer in the blockchain industry.
The CheckDot Anonymous Validation Protocol
The novel anonymous validation protocol developed by CheckDot is designed to enable crypto lovers, blockchain enthusiasts, business establishments to anonymously ascertain the authenticity, and transparency of any blockchain-powered application, project or company. Some of these projects may include NFTs, codes, smart contracts, etc. With the launch of this innovative project, CheckDot becomes the first company on the Binance Smart Chain (BSC) to build an anonymous opinions platform.
The mission of this protocol is to help users find out the facts and truthful information regarding companies and other digital projects by collecting information from different individuals on the blockchain network via the anonymous validation protocol. The ultimate aim of CheckDot is to proffer a solution to the increasing lack of trust that presently exists within the blockchain market.
With the increasing number of new blockchain projects every passing day, there have been many projects with unverifiable claims. It has been difficult to determine the projects that are genuine about their services of trusted, blockchain-based solutions. This has become much of a worry, considering how these projects present their services and operations to the world. A number of these blockchain projects and brands operate using misleading information and data. This has greatly led to a huge reduction in trust and confidence in blockchain projects and activities.
The CheckDot anonymous validation protocol eliminates the lack of trust in blockchain projects and services by providing blockchain enthusiasts with the needed technology to help "cleanse" the blockchain value chain. CheckDot already has ten different special services for blockchain-powered projects. The first one will be the Code Audit, which will be made available to users before the end of 2021. As a CheckDot user with the Code Audit, you can request advice or execute audits with the assistance of two layers of advisors within the community.
How to Earn With CheckDot
Aside from being a validation and authentication solution, CheckDot also provides users with a means to generate income. Users can earn from the platform by performing carrying activities such as Smart Contract Audits, KYC Audits, Service Trust Analysis, E-Document Verification, NFT Trust Indexes, Business Verification and E-Commerce-Pre-Verification. In order to be eligible, users must have a specified amount of the CheckDot utility token. The token provides you with access to initiate and also authenticate the process. Although the token private sale has ended, you can be part of the ongoing public sale.
Overview of the CheckDot Company
CheckDot is a blockchain-based tech company that is helping blockchain enthusiasts build trust in blockchain-related projects. The company is consists of industry veterans and tech experts both in the crypto and digital assets market. In the first quarter of 2022, CheckDot plans to launch the second phase of its service. This will enable users to authenticate special services and firms and the result listed on the platform for users to give their reviews. You can see the project litepaper for more information.