U°OS Network -- a Universal Portable Reputation System -- Launches Beta on May 15, 2019

U°OS aims to become the digital reputation standard on the Web,making network economies more productive.

TALLIN,Estonia,May 15,2019 -- U°OS,a blockchain protocol that translates economic and social actions into reputation,proposes a universal portable reputation system and aims to become the standard on the Web. Adjustable to any e-commerce,social media,review platforms,and any network in general,the U°OS Network is underpinned by a unique Delegated-Proof-of-Importance consensus algorithm,developed in-house,and based on NCDawareRank. After being in research and development for over a year,U°OS is launching the public beta on May 15,2019 with the top EOS block producers on board.

The emergence of distributed protocols has taken the first step in creating the Web 3.0. U°OS are moving towards a true peer-to-peer interaction without an intermediary that holds the keys to their digital selfhood. While cryptocurrencies enable decentralized financial transactions,infrastructure protocols let them run decentralized apps on the chain,the truly peer-to-peer social communications,reputation,and identity systems have just started showing their green shoots.

"Centralized services have a biased incentive structure for interpreting reputation data and disproportionate power to modify it. We are not controlling our reputation — it is confined to a single platform and context,thus cannot be detached and transferred to another place. This translates into a time-consuming task to understand who is truly behind the digital avatar of an individual or an organization. The absence of a universal and distributed reputation system is the reason why the decision-making process is slow and costly" — John Sneisen,two times best-selling author,monetary history expert,and U°OS Advisor.

The U°OS reputation model enables people to interact in the digital environment as sovereign individuals,solving the problem of not having complete and unequivocal ownership of one's digital selfhood and network influence. U°OS allows digital entities — individuals or organizations — to have a unified reputation for a natural decision-making process about the trustworthiness of the peer. The U°OS reputation is multi-context,transparent,and distributed.

The key characteristics of the U°OS reputation system are:

Transparency — the blockchain-recorded data is public and increases trust to a digital entity;

Universality — the system can be integrated into any existing application via API and OAuth;

Portability — algorithmic operation on the public ledger without belonging to any centralized authority;

Privacy-friendliness — users are not required to reveal their identity to use the system;

"Despite being seemingly complex,U°OS is already neatly packed into user-friendly interfaces and APIs to make the user experience as smooth as possible for casual users as well as developers" — Andrew Perepelitsa,U°OS Head of Developer Relations.

The U°OS beta launches with U°Community — a decentralized application to run Decentralized Autonomous Communities (DAC) and Decentralized Autonomous Communities (**). The beta will also see the very first plug and play case: integration with the U°Today,a news,research and educational agency covering the blockchain industry and new generation technology.

U°OS Network:

U°OS Network is a blockchain project bringing the Universal Portable Reputation system to the Web. U°OS Network has been in development since November 2017. Visit U°Community to try U°OS network in action. See the U°OS Network page for the project overview.

Logo: https://mma.prnewswire.com/media/887101/U_OS_Logo.jpg