We use cookies to enhance your browsing experience and analyze our traffic. By clicking "Accept All", you consent to our use of cookies.. View our Privacy Policy for more information.
Your browser (Internet Explorer) is out of date. Please download one of these up-to-date, free and excellent browsers:
For more security speed and comfort.
The download is safe from the vendor's official website.

Blog:

Announcement: first grant awarded to VeritaTrust

HUMAN Blog
Crypto & Blockchain
HUMAN Protocol
May 10, 2022

Announcement: first grant awarded to VeritaTrust

2 min read

We are delighted to announce the awarding of our very first grant. VeritaTrust, founded by Brahim Ben Helal, is designed to put customer reviews on-chain to help e-commerce solutions build a user generated content strategy. This reward for reviews is a reward for user contribution; and it is a clear demonstration of HUMAN’s technological application, and vision, of tokenizing and rewarding contribution.

About the grant

The grant will help the VeritaTrust team integrate HUMAN Protocol’s oracle system for verification of work, along with on-chain settlement. As we described in this article outlining who the grants program is for, HUMAN’s technology creates new business opportunities. Of course, it facilitates and reengineers existing work solutions, such as data-labeling, but facilitates new job markets and new businesses that were previously impossible. Traditional systems could never effectively track, verify, and reward this kind of review-based contribution.

The mechanics

VeritaTrust will request a customer to review a product or a merchant after they have purchased; once the review is submitted, the data will be automatically checked by a HUMAN Protocol Reputation Oracle, which will accordingly attribute a reputation score to the reviewer. The Reputation Oracle will then initiate the payout of HMT to the reviewer. All this information will be verified and verifiable on-chain.

Given that 90% of customers check reviews before purchasing products or services online, trusting those reviews is essential. It is also clear that not all reviews are equal; a review made by a trusted, reputable reviewer is more valuable than a review which is not verified on the blockchain.

About VeritaTrust

VeritaTrust offers businesses a plug&play SaaS solution to build a complete customer review strategy. The project was founded by Brahim Ben Helal, who was Director of Strategic Development at Trustpilot. From the early start up stage, until the IPO, he helped the company grow; and saw the potential for blockchain to completely revolutionize the customer feedback and review process.

VeritaTrust was his vision to create fully transparent decentralized customer feedback and review service. On VeritaTrust, customers own their reviews; and are rewarded for them with tokens.

To stay up to date with the latest from HUMAN, follow us on Twitter or join our Discord

Legal Disclaimer

The HUMAN Protocol Foundation makes no representation, warranty, or undertaking, express or implied, as to the accuracy, reliability, completeness, or reasonableness of the information contained here. Any assumptions, opinions, and estimations expressed constitute the HUMAN Protocol Foundation’s judgment as of the time of publishing and are subject to change without notice. Any projection contained within the information presented here is based on a number of assumptions, and there can be no guarantee that any projected outcomes will be achieved.

Guest post

Related blog posts

AI & ML

The Bright Side of AI #10: Tailoring Getty Images, Decoding Parkinson's in Minutes, and AI's Take on Female Hormones

Sep 29, 2023
Newconomics

Newconomics 2023 - Meet our Speakers: Jason Fox

Sep 28, 2023
AI & ML

The Dark Side of AI #9: Employment Eclipse at Onclusive and ChatGPT's Scientific Slip

Sep 27, 2023
Newconomics

Newconomics 2023 - Meet our Speakers: Conor McNicholas

Sep 27, 2023
AI & ML

The Bright Side of AI #9: Medical Miracles by ChatGPT and Building a Greener Tomorrow with Timber

Sep 21, 2023
Community

Community Announcement: Rewarding Zealy’s Participants 

Sep 16, 2023
News

MEXC Joins HUMAN Protocol: Expanding HMT Accessibility for Users

Sep 15, 2023
AI & ML

The Dark Side of AI #8: The Illusion of Open-Source and The Rise of AI Clickbait Scams

Sep 15, 2023
AI & ML

The Bright Side of AI #8: Alibaba's AI Innovations, AI's Role in Job Quality, and the Rise of Arabic AI with Jais

Sep 13, 2023
Newconomics

Newconomics 2023 - Meet our Speakers: James Kirkham

Sep 12, 2023
Newconomics

Newconomics 2023: Challenging the Status Quo

Sep 11, 2023
AI & ML

The Dark Side of AI #7: My AI's Eerie Silence, Centricity's Investment Scam, and Public Fear of AI

Aug 26, 2023
AI & ML

The Bright Side of AI #7: Voice-Activated Payments in India, AI-Powered Recruitment on LinkedIn, and Urban Cleanliness in UAE

Aug 24, 2023
Fundamentals

What is the Eliza Effect, or the Art of Falling in Love with an AI?

Aug 21, 2023
AI & ML

The Dark Side of AI #6: Zoom's AI Betrayal, AI's Lethal Cooking Suggestions, and the End of Password Privacy

Aug 19, 2023
AI & ML

The Bright Side of AI #6: Cleaner Skies Ahead and Wellness for Doctors

Aug 16, 2023