Until Reddcoin, there was no unit of account for contemporary human social interactions. Social influence remains a significant yet opaque asset. Reddcoin was created to fill this gap by becoming the first digital currency to integrate with all major social networks. Moreover, Reddcoin is designed to be the “unit of account” for social interactions between users in the digital age.
Thanks to distributed ledger technology, transactions on the Reddcoin network are both reflective of financial needs but are also indicative of human behaviour. Reddcoin seeks to stack its platform with integrated social science research, whereas researchers will be able to leverage Reddcoin’s transparent transaction record to study human interactions. Reddcoin is the first to introduce proof of stake velocity to the world.