Flexible result manifestation
Models process the data passed to them and generate results. These results are a basic representation of their reputation in a certain context.
Depending on the way a system or an application processes the data and the operations that are to be performed on it, these results can be exported, or "minted". User data processed and manifested in the form of "minted reputation" can be stored, exchanged, and used in many different forms, such as Verifiable Credentials, and NFTs.
Verifiable credentials and NFTs both have unique features and offer different benefits. Let's see what they can be used to achieve.
A Non-fungible Reputation Token is just an NFT with the necessary reputation data associated with it in the form of metadata.
Some advantages that such tokens can offer with regards to reputation assessment.
- Easy to transfer and prove ownership
- Easy to store since it lives in a wallet, like any other asset
Verifiable credentials (VCs) are a broad category of data representations that store verified information regarding a subject. This information can be customized to a great degree and used to make reputation related deductions and judgements.
Advantages that a verifiable credential offers:
Due to the fact that credentials can be stored in different locations without affecting their verifiability, the data and reputation assessment results generated using Orange can be used across blockchains, and across different platforms.