Various applications, stores or services on LinkChain have credit values. Users may search and rank them based on the credit value to quickly find quality application, store or service.
Through the credit rating mechanism, LinkChain has provided a reliable and efficient method not only to eliminate intermediary cost, but also largely reduce transaction cost (search cost, signing cost and coordination cost), turning the company to a decentralized organization for guaranteed profit.
The parties who neither understand nor trust each other before transaction may verify either party's identity and strength based on the credit value and reach loan, financing, investment, insurance, risk management and other asset transactions though LinkChain.
In LinkChain-based commercial activities, the two trading parties may reduce transaction friction and solve dispute using the credit value. LinkChain will be able to explore more extensive business models using original payment system and smart contract with the credit rating system.
Blockchain may get rid of the media function of intermediaries and reduce embezzlement and theft. On LinkChain, if an organization or individual violates the rules, people will be able to see them and hold them responsible and reduce their credit values. Organizations with low credit value will be hard to raise fund.
LinkChain supports UTXO and Account account models and multi-asset models from the bottom and supports Turing completeness smart contract. Therefore, it facilitates the realization of decentralized transaction services; the high-performance consensus algorithm can compete with centralized transaction services in throughput and transaction delay.