[NEWS]Can We Restrain Consumer Deception — Paid Reviews?

The Rateit News

Recently, management of user reviews has emerged as the biggest issue for e-commerce companies.

Reviews which have feedbacks and comments from actual users are an important measure of product purchases, and positive reviews can make sales increase. For this reason, many e-commerce companies are making efforts to make the users write positive reviews and spending a lot of costs.

On the other hand, in e-commerce which they cannot identify the actual products, reviews of users who purchased first are important criteria for the customers in order to judge the product and make a purchase decision. As a result, the reviews are becoming more detailed, and more companies are making the users write specialized reviews which have their own photos and videos. Like this, as user valuation in e-commerce is such an important criterion, fake reviews for marketing purposes are increasing.

Rateit, Block Chain Platform — “Creating Reliability of Review “ using Cryptography

For this reason, “ Rateit, “ a platform for value assessment using block-chain technology, has become a hot topic. With the receipts, using OCR technology and 2D barcode, customers can write reviews easily, and it makes their reviews which were limited only to the online market applied to the offline market. Also, they restricted the review to be changed or modified.

Sang-jun Lee, Chief Operating Officer of Rateit, said, “ We are explaining about our platform with reviews to make you understand easily, but in reality, it will be a large platform which evaluates the value of the service, products, and ideas so that give some feedbacks, by providing reasonable rewards to customers with cryptocurrency and a chance to improve the service to sellers and service providers.”

Rateit is planning to promote to global investors starting with the private sale on August 1st and launch the free sale ICO after September.

The text of the article
http://m.dailysecu.com/?mod=news&act=articleView&idxno=37146

Rateit SNS
Twitter : https://twitter.com/Rateit5

Kakaotalk : https://open.kakao.com/o/g2gQPfS

Reddit : https://www.reddit.com/user/Rateitcoin/

Youtube : https://www.youtube.com/channel/UC_wSJTEV4CJ3sGMa5G4j-vw?view_as=subscriber

The General Election Project was launched on July 17 through Kickoff-Meetup.

Rateit Project started with the review of users. The review information exposed by various service media has been frequently reviewed for PR and marketing, not for actual user reviews. This makes the review less reliable because it is perceived as an indirect advertisement for its intended purpose.

Rateit makes it easy for anyone to submit reviews to actual buyers. A platform toward an ecosystem that increases the value of a less reliable review and rewards accordingly! This is Rateit.

The event of Rateit project on July 17 began with a greeting of Steven Baek Founder. He described the background behind the creation of Rateit and the upcoming roadmap for Rateit.

Lee Sang-jun, the chief engineer of Rateit, said, “ Rateit is an ecosystem built through user review and everything in the world is subject to review. So the COO Lee Sang-jun said, “ We will try to help many people build a review ecosystem through Rateit. “

For detailed schedule and information about Rateit, please visit our official SNS.

Until the day we take all the reviews of the world. Rateit!