Drep [new] priceDREP $0.3214

DREP is committed to building “connectors” and “toolboxes" based on blockchain technology, and aims to provide solutions that combine ease of use, flexibility, and frictionless integration. Based on DREP Chain, DREP ID, and DREP SDK, DApp teams are able to release multi-public-chain asset versions, built-in wallets, and asset trading platforms with one-click.

DREP proposes the concept of Smart Pipeline technology, which reportedly improves data processing ability, similar to a layer2 solution with strong scalability and zero gas consumption. DREP upgrades advanced technology solutions into APIs and Plug-ins, thus lowering blockchain learning costs, development difficulty, and complexity on the application/enterprise side.

DREP adopts a Schnorr Multi-Signature Algorithm that is based on the Secp256k1 elliptic curve to improve network efficiency and reduce transmission overheads.

To achieve data connectivity and privacy protection, DREP has designed a Decentralized ID (DID) system based on HMAC (Hash Message Authentication Code) algorithm, forming a dual-layer system of master ID and multiple sub-IDs. DREP Client allows users to manage data and assets on centralized and decentralized platforms within one interface.

To enhance data privacy protection, DREP Chain adopts the use of homomorphic encryption to safeguard users’ sensitive information.

To provide an easy-to-use tool interface for 2B enterprises and provide an efficient and frictionless service portal for DREP Ecosystem users, DREP launched a comprehensive DREP Client integrating functions including asset management, identity management, application development, and traffic portal.