Lina review
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Lina.review?
Lina.review is a platform to review on Blockchain, utilizing this blockchain of conservation to produce the best transparency and create conditions for reviewers to benefit from providing quality reviews, as well as easily and directly interacting with users and providers of products or services that are completely incompatable trusted.
Lina is not just a website but a Blockchain-based platform so everyone can build their own review system to develop communities and manage their own business. All Lina-based review channels are connected globally.
Technical Details on Lina Platform
Overview
The Lina Platform aims to create a social review platform built on trust and reputation
with the revolutionary blockchain technology and enable users to earn profit
based on their quality of their reviews.
The Lina Core is the core component of the Lina Platform. It leverages smart contracts on
blockchain to build a trusted network of users and address issues related to transparency,
immutability of review scores.
The Lina Token (LINA) is the native token of the Lina Platform. It will be based on
Ethereum, a blockchain-based decentralized platform for applications that run exactly as
programmed without any chance of fraud, censorship or third-party interference to facilitate
online contractual agreements in a cryptographically secure manner.
The Lina.review is the global review system, capable of developing community and
building / expanding network of its Helper. The logics of subject, criteria and experts are
Design of the Lina Platform
The main public Ethereum decentralized network, which uses the concept of smart
contracts, was chosen to serve as a decentralized settlement layer of the Lina Platform
with LINA Token and provide transparency of payment transactions, reviews and bids.
Lina Platform introduces hybrid architecture approach, bridging between public
Ethereum chain (mainnet) and a high performance, scalable private side-blockchain
transaction services for scalable interactions with the LINA token. The key reasons for not
using a purely public chain architecture scalability and transaction fees.The current
Ethereum network's capabilities do not allow us to launch and scale the service globally
due to several issues, including:
• The Ethereum network is currently theoretically capable of handling about 10
transactions per second [8], which is definitely not enough for the scale of millions
of users (or even hundreds of thousands of users).
• Ethereum's transaction confirmation times are significantly delayed - which affects
the user experience.
• Every transaction on Ethereum blockchain is required to pay transaction fee in ETH
which most likely will be costly and creating an adoption barrier for the average
user.
This hybrid approach will help avoid network fees in transactions between users, avoid
stress on the public network
experience in terms of responsiveness and latency.
The Lina Token (LINA) is the native token of the Lina Platform. It will be ERC-20 tokens
based on Ethereum, a blockchain-based decentralized platform for applications that run
exactly as programmed without any chance of fraud, censorship or third-party interference
to facilitate online contractual agreements in a cryptographically secure manner.
The total number of LINA tokens was created will be 900,000,000. 33.33% of all LINA tokens
(300,000,000) will be available for sale to the public in the LINA Token Generation Event.
66.67% of all LINA tokens (600,000,000) will be locked in Smart Contract to be released
annually over 10 years (60,000,000 Tokens per year).
The Lina Bridge
The Lina Bridge is a sidechain bridge service for the Lina Core blockchain network to
synchronize bids, payment transactions and to interact with the LINA Token smart contract
on the public Ethereum network.
Tokens between the private chain platform and the Ethereum blockchain could be
dynamically interchangeable. As such, the balance of the ETH smart contract (LINA Token)
can be equal to the liquidity of the token inside the private chain. Locking mechanisms
in smart contracts should be made to ensure the consistency of the balance in user
wallets between public and private platforms.
The LINA User Profile
LINA users mean those who are using services on Lina Platform to search the
information on products and their reviews as well as write their own reviews and
assessments. Each user will have their own profile where they can input their interests and
preferences.
User levels (Common or Expert) can be determined by the owner of the review service.
In order to receive token rewards, users will need to register valid addressesto receive LINA
tokens.
The Review System
The review system, such as Lina.review, is a service review built on top of the Lina
Platform. It is designed to be easy for individuals or companies to build their own reviews
systems on the Lina Platform using the Lina SDK and sample applications.
Building review services on Lina Platform is free but a maintenance fee will be charged
based on the activities of the service, such as advertising and rating activities.
10% of service revenues (from advertising, merchant review bids) will be charged to cover
the costs of development, operation and maintenance of the Lina Platform.
2. The Merchant deposits 1000 LINA to smart contract to place the bid. 1000 LINA
then will be locked and the bid is waiting for approval.
3. Lina.review staff reviews and approves the bid. In case the bid is rejected, deposit
amount will be refundable to the merchant.
4. Once the bid gets approved, Lina.review service will be notified to execute the bid.
5. The bid gets executed on Lina.review website based on campaign parameters.
6. Whenever a user clicks on the link, click Lina Core
private blockchain.
7. Whenever a user clicks submit a review, the review details will be recorded on the
Lina Core private blockchain. Note that the review could be subject to being
approved by Lina.review staff or by votes from Helpers.
8. The Lina.review service will periodically check transactions on the Lina Core
private blockchain and bid configurations to determine if the campaign is fully
executed or expired.
9. Once a bid is fully executed or expired, the LINA smart contract will be called with
statistical information to calculate fee (s) and revenue sharing distribution to users
and LINA token holders. In case the bid is partly executed, the remaining amount
(if any) will be refundable to the merchant.
Join our review community around the world like no other. Speed up your products through collaborative opportunities with top reviewers, influencers, industry professionals and networking events.
Roadmap
For more information contact the link below !!!!!!
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AUTHOR:Alfian2015
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