Layer Protocol is a decentralised, reputation and incentive system. User’s siloed information from various companies such as Uber, AirBnB, Hotels.com can be pulled together for the mutual benefit of users as well as companies who have yet to gather enough behaviour data on the individual.
Layer Protocol massively improves the relationship between asset providers and their users in terms of assessing the risk of renting to a given individual, ensuring assets are kept in good condition and offering better prices to users with a history of positive behaviour. In return, users do not just receive better deals but also a variety of rewards, offers and incentives from partner companies on the network.
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