Opporty is a three-layered business relationships ecosystem, consisting of a Proof-of-Expertise protocol, a conditional business scoring systems, and a B2B/B2C marketplace.
Opporty is a business relationships ecosystem, consisting of three fundamental layers: 1) Proof-of-Expertise protocol; 2) Conditional business scoring system; 3) B2B platform for business transactions. Opporty seeks to become a global business marketplace and an expertise validation provider on the blockchain, with a solution that establishes and grows trusted business relationships globally; a source of distributed trust among the business community.
Proof-of-Expertise protocol is empowered by Ethereum blockchain and is used to collect, store, and analyze transactions metadata, which is used in a company’s conditional business scoring system to assign business scores to individual providers and companies. The PoE is also instrumental in enabling such Opporty features as smart contracts, centralized and decentralized escrow, automatic and semi-automatic oracles. More importantly, however, the PoE protocol plays a fundamental role in creating a framework for safe and private domestic B2B/B2C transactions, cross-border transactions, and supply chain risk management. It allows to assign digital identity to businesses, providers, and suppliers, which is required in any form of transaction — be it public or private.
Opporty’s conditional business scoring system is built on top of Proof-of-Expertise protocol. It uses PoE-analyzed transactions metadata to assign individual, niche-specific scores to businesses and providers. The scores can be displayed at third-party platforms due to Opporty’s smart widgets. On top of that, the scoring system connects domain-relevant expertise to digital business identities, which establishes trust in B2B/B2C transactions. It allows for trustworthiness verification of parties participating in domestic and cross-border transactions.
Opporty’s B2B/B2C marketplace is small-business-oriented, yet allows enterprise- and government-level organizations to participate. It enables business owners and individual service providers to conduct business based on established standards, educate others by contributing content, and enjoy the benefits of a risk-free environment for doing business through decentralized Escrow and blockchain-powered smart contracts. The marketplace acts as a platform for domestic B2B/B2C transactions, B2B cross-border transactions, corporation and government procurement.