Fantom will reward fair ratings with FTM tokens. This will inspire all participants to do valuable things on the platform and build a reliable ecosystem. The reward agreement will establish a smart contract on the reputation agreement based on the number of transactions and reward each transaction after the conditions are met.

How the project works

Fantom is modular
Lachesis represents a layer of consensus on the blockchain technology stack that can be inserted into any distributed ledger.
Currently, two networks are using Fantom's consensus algorithm:
Opera mainnet deployment, using Ethereum virtual machine (EVM) and compatible with Ethereum;
and Xar Network, which is built using the Cosmos SDK based on Fantom's aBFT consensus.
A mature, proprietary open source SDK called Fantom Virtual Machine is in development and will be released in 2020.
Modularity makes Fantom extremely flexible. Developers can port their existing Ethereum-based dApps to the Fantom Opera mainnet in minutes, greatly improving performance and reducing costs.
Fantom scalable
Each network built on Fantom is independent of each other. Their performance and stability are not affected by traffic or congestion.
The first generation of blockchain platforms (Ethereum, etc.) opens the door to smart contracts, conditional logic instructions that allow applications to be executed on the blockchain.
However, as dApps become more complex and/or the number of users increases, the entire network will slow down. This happens because all dApps use the same infrastructure. This is similar to executing multiple applications on a computer: at some point, the computer will choke and start responding very slowly or even hang.
Fantom solves scalability problems by providing each application with its own blockchain, similar to running each application on different computers on the same network.
Each blockchain is independent of each other and can have custom tokens, token economics, and governance rules. However, all of these blockchains are plugged into Fantom’s ultra-fast aBFT consensus Lachesis, which can interact with each other and benefit from the speed and security of the underlying technology.
Each network can be fully customized for a specific purpose.
If we think of Ethereum as a decentralized computer, Fantom is a network of unlimited decentralized computers. They all have the same logic, but are completely independent of each other. However, they can communicate with each other easily.
Fantom is safe and environmentally friendly
Fantom is protected by proof of interest. Unlike the proof of work used by Bitcoin and Ethereum, proof of stake prevents centralization and saves power.
Lachesis can provide organization-level security for distributed networks. Fantom provides absolute certainty, which means that transactions can never be restored like a network with probabilistic certainty.
The consensus mechanism can also be extended to hundreds of nodes, increasing decentralization and thus improving security.
Finally, Rachisis is a leaderless person. By removing leaders, security no longer depends on a small group of participants.

Application Scenarios

Smart City
The Fantom DAG platform will become the backbone of the information technology facilities of smart cities, and through scalable solutions, it can collect large amounts of high-speed data transmissions in a variety of smart city service providers. By 2020, it is expected that 90 billion IoT devices in smart cities will send data that needs to be stored securely and can also be used by stakeholders to drive smart contracts and decentralized applications through smart city data.
Public Utilities
Utilities include renewable energy, electricity, water, natural gas, telecommunications and waste management. The future utility market will be a two-way system of billions of mutual endpoints, IoT devices and APIs, which will enable consumers to get direct access to data while making it easier to control personal utility management and enable service providers and smart city governments to better manage these resources and data-driven information to achieve smart city growth.
Smart Life
The focus of smart life is to improve people's quality of life by connecting, transparency and managing information in our homes, cities, communities and offices. The interoperability and participation of many IoT product and service providers will significantly increase the amount of data collected and innovative capabilities, smart contracts and decentralized applications that can better control and manage resources and home quality of life.
Medical
Service providers, relevant government agencies and stakeholders are collaborating to implement and manage secure, immutable electronic health record (EHR) systems. This will enable all health practitioners to provide a concise and comprehensive summary of the patient's recent health history and be directly controlled by the patient. Health care can be significantly improved, for example, a patient care schedule can be pre-arranged based on pre-defined eligibility requirements (age, previous medical history, medication, etc.), including automatic payment of smart contracts and insurance claims.