ICO Today Magazine News
LoveBlock (LB) is the most innovative Blockchain technology solution for dating worldwide! The LB blockchain infrastructure and dating platform are being built on the grounds set by EOS. LB will solve the core issues associated with online dating such as fraudulent activity, motivation to use the services by earning tokens and security by using the blockchain. Based out of our Singaporean laboratory, the LB team are working closely together with the hugely successful dating app Luxy (www.onluxy.com) who currently have more than 2 million users across the globe.
With LB, fraud will easily be identified via our unique verification system. The information will be saved and encrypted on the LoveBlock blockchain allowing the data to be shared with other DApps. This will expose the scammers, thus preventing them from creating any more harm across the whole network.
Also, each user’s behavior will be quantified depending on how valuable their contribution is to the network. More positive behavior will result in greater rewards for the user, thus motivating continued and meaningful use of LoveBlock indefinitely.
Additionally, with LB no one computer or server will house user data, preventing the security issues that have plagued the dating community for too long.