HUMAN Protocol Foundation Awards Grant to VeritaTrust to Build on-Chain Rewards for Reviews

PRESS RELEASE. Georgetown, Cayman Islands, May 10, 2022 – Today, HUMAN Protocol has announced that it has awarded a assistance to VeritaTrust to powerfulness on-chain reviews.

Following the announcement of HUMAN Protocol’s $10 Million funds dedicated to grants, this enactment with VeritaTrust represents their precise archetypal assistance awarded since the inception of this program.

VeritaTrust are seeking to reward reviewers with cryptocurrency for their reviews connected products and services; and to usage blockchain exertion to way the reviews, arsenic good arsenic the corresponding estimation of reviewers. The VeritaTrust task is expected to ramp up the on-chain enactment for HUMAN Protocol; and offers caller inferior to the Protocol’s autochthonal token, HMT, which volition beryllium utilized to reward reviewers.

“It is simply a highly compatible partnership,” said Andreas Schemm, who heads up the grants programme for HUMAN Protocol. “We are delighted to beryllium moving with the VeritaTrust team; to money their enactment arsenic they question to physique utilizing our blockchain exertion and reward mechanisms to amended e-commerce solutions.”

Brahim Ben Helal, laminitis of VeritaTrust and erstwhile Head of Strategic Development astatine Trust Pilot said: “HUMAN Protocol stock our imaginativeness of rewarding contribution. So far, they person successfully brought hCaptcha on-chain to let radical to gain for their ‘clicks’. Their method of evaluating and paying retired micro-work on-chain is simply a large solution for our needs; by leveraging this technology, we tin automatically wage retired reviewers automatically on-chain acknowledgment to the powerfulness of astute contracts.”

About HUMAN Protocol

HUMAN Protocol is simply a broadly applicable solution to the absorption of distributed workforces. It started by bringing hCaptcha – the bot blocker – on-chain, to reward idiosyncratic workers for the cardinal ML enactment they were completing by solving these CAPTCHAs. This, however, has go a much wide solution to the tokenization of immoderate contribution; and, therefore, the quality to orchestrate the absorption of that work, the valuation of it, and the reward of micropayments to galore individuals.

In this sense, reviews are conscionable different signifier of work, oregon worth contribution, that tin beryllium rewarded via blockchains. HUMAN anticipated the applicability of specified a task in their blog merchandise astir the imaginable of projects, similar VeritaTrust, made imaginable by blockchain technology.

About VeritaTrust

VeritaTrust helps e-commerce businesses to amended the online buying experience. With 9 retired of 10 radical checking reviews earlier purchasing online, determination has ne'er been much worth to reviews of products. By providing trusted reviews connected the blockchain, they anticipation to assistance trim cart abandonment, and boost conversion rates and loyalty.

VeritaTrust collects lawsuit reviews to assistance brands reward customers. They employment blockchain, A.I and instrumentality learning, to make a plug&play SaaS solution to physique a implicit lawsuit reappraisal strategy.

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