DREP, the blockchain-powered reputation ecosystem, today announced a new strategic partnership with Bijiaqi, a Chinese virtual game asset exchange. With this partnership, DREP will provide its solution to help develop the Bijiaqi decentralized game virtual asset trading platform.
Going forward, DREP will provide its technologies including SDK, DID system and Reputation Protocol to upgrade the Bijiaqi payment network, transaction system, and management system. The aim is to create a comprehensive platform for virtual on-chain game asset liquidity for all vendors and users.
Founded in 2007, Bijiaqi works on matchmaking trade-offs in-game assets. To date, many global game asset producers and B2C game asset trading platforms have registered on Bijiaqi, with millions of users.
DREP: Decentralized On-Chain Liquidity
In the Bijiaqi network, all sorts of virtual game asset data and each transaction will be recorded on-chain with DREP. The transaction and settlement information will be synchronized through global nodes.
The DREP SDK makes it easy to build a distributed payment gateway. It contains back-end functions to provide a multi-fiat currency and mainstream cryptocurrency gateway.
Through the reputation system developed by DREP, the independent receivers and suppliers in the C2C environment of the previous Bijiaqi platform will be given DID identities. The DID points featuring reputation depend on the real delivery speed of vendors, user experience feedback, credibility, etc.
