The problem flairs solves

The security challenges and malicious behaviour of some actors in the cryptocurrency and blockchain landscape underscore the need for the implementation of a robust reputation system. Such a system would provide a mechanism for assessing the trustworthiness of participants, mitigating identity-related risks, enhancing security, and fostering accountability. As the cryptocurrency ecosystem continues to evolve, the integration of reputation systems becomes imperative to build a foundation of trust and security upon which the future of decentralised finance can thrive. Only through such measures can the promise of blockchain technology be fully realised while minimising the associated risks.

By using the protocol, each user is well aware of the reliability of the counterparty. The risk, which was mostly unknown before, is now reasonably calculated available on demand.

For retail users, this means protection from scammers and hackers trying to either sell adversarial products, or sneakily trying their way to get access to their financial wealth.

For institutional users, this means risk management when dealing with vendors, clients or any other stakeholders.

The protocol shall be made available across all the top L1 and L2 chains for usage over time and it is completely optional to use.

The protocol is essentially relying on a cross-chain LLM engine which crawls through transactions of a given address and creates named/enumerated tags. These tags are further used to create an SBT, tying the reputation closely to the wallet.

The SBTs can be updated each time a query is made to the protocol to inquire the reputation of a given address.

Challenges I ran into

I had to download the transaction history of accounts, index them, tag them and use it to create a reputation system. The work is still ongoing because this is a herculian task for a single developer. Nevertheless, its been a fun month.