How do you feel about Fairface today?

Today's FAF price

The 24-hour trading volume is $3.46. The latest FAF price is $0.00198, based on the most up-to-date USD market data. Fairface is +0% in the last 24 hours with a circulating supply of -.

FAF price history (USD)

What is Fairface?

Fairface represents an innovative approach to enhancing fairness in transaction ordering on blockchains. This concept, introduced by Klaus Kursawe, aims to redefine fairness by utilizing local time for transaction sequencing. The primary goal of Fairface is to ensure a more equitable process across various blockchain platforms, addressing concerns related to latency and the efficiency of transaction processing. To support this, a simulator has been developed to assess the potential impacts on latency and throughput, facilitating a better understanding of how Fairface could improve blockchain operations. This concept was detailed and presented at the FC 2021 International Workshops, highlighting its potential for broad implementation across the blockchain ecosystem. In addition to its technical contributions, Fairface has also ventured into the realm of business reviews. Launched in February 2018, it serves as a platform for collecting authentic customer feedback on businesses. By enabling companies to gather and display reviews directly on their websites, Fairface offers a unique opportunity for businesses to highlight positive customer experiences. The platform further engages users by rewarding them with FAF tokens for submitting reviews, introducing a novel incentive mechanism within the review ecosystem. Looking ahead, Fairface plans to revolutionize the review industry by creating a decentralized, data-driven network. This network aims to aggregate reviews from various sources, offering a comprehensive and trustworthy resource for consumers seeking reliable business evaluations. Through the implementation of blockchain technology, Fairface is set to provide verified, validated, and trustworthy reviews, enhancing transparency and trust in the digital age. As with any technological or investment decision, individuals are encouraged to conduct thorough research and consider the implications of integrating or investing in blockchain-based solutions such as Fairface.

Fairface resources