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Flare, an Ethereum-compatible network that prioritizes blockchain interoperability, is partnering with Bloxico, a technology company, to introduce a reputation score platform . In an exclusive press release shared with crypto.news, Flare said the platform aims to combine objective and publicly accessible on-chain data with subjective community data to calculate the reputation score of network users. With Flare Reputation Score, it will be easy for the blockchain to onboard new users. This is because score s derived from the platform will instantaneously provide a transparent evaluation of the trustworthiness of network participants.  You might also like: Flare and FlareDashboard join forces to enhance data transparency Flare hopes that with reputation scores readily available, it will help the platform quickly and conveniently make informed decisions when selecting Flare Time Series Oracle (FTSO) data providers and network validators. In Flare, FTSO offers a decentrali...

The regulator y body intends to release its final report, which will be crafted based on the feedback it receives. Furthermore, it plans to present the draft technical standards to the European Commission by June 2024. On October 5, the European Securities and Markets Authority (ESMA), the regulatory authority responsible for overseeing financial markets in the European Union, issued a second consultative document regarding regulations for Crypto-Assets within Markets (MiCA). This comprehensive 307-page document seeks input from stakeholders in five critical areas of MiCA, including sustainability metrics for distributed ledger technologies, disclosures of confidential information, technical prerequisites for white papers, measures to enhance trade transparency, and requirements for maintaining records for crypto-asset service providers (CASPs). Among the sustainability metrics, the authority places emphasis on quantifiable measures related to energy consumption, greenhouse gas emi...