5.2 Reasons for using the block chain system
1️⃣Transparency for the reward transaction
Transactions for rewards are recorded and preserved on the blockchain, so that all participants can transparently and safely protect the rewards they receive.
Also, records of donation and sponsoring are saved in the block chain with transparency so that everyone can check records of them at any time.
2️⃣ Protection and inspection for creative works
The content of the quiz content registered by the quiz creator is recorded in a blockchain storage, so the creation can be protected by verifying the forgery or falsification of the creation, and transparent history management of the creator's creative activities is possible.
Since copyright protection is possible for the creative works of quiz creators, creative activities on the QUIZTOK platform can be activated and trust is maintained among platform users.
3️⃣ Transparency for analysis of advertising effects
Since the record of advertisement exposure is recorded on the blockchain, advertisers can check the advertisement execution record at any time and use it as data to analyze its effectiveness.
In the existing advertising market, there were many cases where advertisers distrusted the content of advertising execution because it was not transparently disclosed, but the advertising system of the QUIZTOK platform based on blockchain can maintain a trust-based advertising ecosystem by guaranteeing transparent advertising transactions.
4️⃣ Digital Contracts about Reward Algorithms
The reward algorithm is designed and executed based on the decentralized idea of blockchain and is recorded in a digital contract so that it can be executed autonomously.
The QUIZTOK platform ecosystem is operated by the algorithm recorded in the digital contract, and if modifications to existing digital contracts are necessary for the future development of the ecosystem, existing digital contracts may be modified according to the agreement of QUIZTOK ecosystem participants.
Last updated