DApp for Rating

TL;DR

This paper introduces a blockchain-based decentralized rating application that ensures transparency and user anonymity, addressing central control issues in traditional rating systems.

Contribution

It presents a novel decentralized rating system using smart contracts, combining authentication with blockchain features to enhance transparency and preserve anonymity.

Findings

The system is more transparent than traditional centralized ratings.

It successfully preserves user anonymity in ratings.

Implementation demonstrates improved fairness over existing systems.

Abstract

Lots of existing web applications include a component for rating internet resources (e.g., social media platforms include mechanisms for rating videos or posts). Based on the obtained rating, the most popular internet resources can generate large amounts of money from advertising. One issue here is that the existing rating systems resources are entirely controlled by a single entity (e.g., social media platforms). In this paper we present a blockchain-based decentralized application for rating internet resources. The proposed solution provides a transparent rating mechanism, since no central authority is involved and the rating operations are handled by a specialised smart contract. We provide an implementation of our idea, where we combine existing authentication methods with blockchain specific features so that anonymity is preserved. We show that this approach is better than existing rating components present in various web applications.