[TechWP-episodes] System of evaluation
System of evaluation is used by TravelChain participants after a deal to provide a service or private information has been closed. Evaluation is stored on-chain (in blockchain). Conversion of evaluation into reputational judgements is done by Reputation Agencies off chain (outside blockchain).
Proceeding from evaluations recorded in the blockchain Reputation Agencies resort to either direct calculations or systems of machine learning or artificial intelligence to obtain in result a subjective reputational judgement and present it through API and/or at their web-client. Reputation Agencies initiate evaluation standards which can be used by those clients of TravelChain who accept them.
TravelChain launches reputation agency RA TravelChain with an algorithm described below. Reputational Agencies can be created and developed by any participants of the ecosystem without centralized consulting any party and thus open up the road for free competition.
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