Outstanding ecosystems of ARCS
Surely anyone who has ever participated in the CryptoCurrency market knows this is a very fierce market, to find a good project to accompany its development is not easy.
For me to enter this market, I always have certain principles to be able to evaluate a really good and potential project in this market. Everyone in this market wants to make a profit from it, but how to find such projects is not possible for everyone.
Based on the idea of Blockchain technology, this is a project that I will definitely introduce to you, people will agree with me that this is a very potential self.
ARCS is a token in the AIre project ecosystem. ARCS denoted as ARX is used to reward users in the ecosystem. This ecosystem is focused on a data bank. This bank will contain user data and provide it to 3rd parties. Third parties will pay to get data to serve their activities. Finally, data providers will receive ARX tokens as a reward.
ARCS acts as the native token in the Alre ecosystem. Alre provides the function of managing and storing various data structures. These data are mainly user data, which is then provided to third parties. Third parties will pay to buy data. , so they can easily build their business scenarios and applications based on data analysis.
Feeders can access and build data on the databank through custom applications or directly through proprietary APIs, and receive ARX tokens.
ABOUT ALRE:
ALRE is an ecosystem focused on data banks and their users. It provides functionality to data banks so they can operate efficiently and transact with businesses and individuals. This section discusses AIre, its function and business model. It also includes a description of measures to prevent data tampering through the use of block chain technology and interconnected data bank centers.
AIre includes three main functions: entering information, storing information and using information. Data banks are the core of the system to store data and APIs that enable and facilitate data flow. AIre can handle different data sources and manage data ownership, e.g. fragmented data from different sources can be linked to legitimate user identities in data banks. . Therefore, users can manage their data in an integrated network.
Aire is an open source platform that can be used to expose us all, they are valuable values and ideas. That strongly accepted and forwarded this concept to make a shiny future. It is a technology where the ability to make money can also gain knowledge. The overall foundation is remarkable because it emphasizes human value, highlighting exactly the perceived benefits of the people. That platform gives us a worthy identity and safely converts our data to all appropriate reserves.
Use ARX token
ARX tokens can be used to:
- Download AR / MR apps on Microsoft Store, Apple Store, Google Play Store and Steam app stores.
- Access advanced AR area.
- Rent space, hotel rooms in the AR world.
- Put banner ads in World1.
- Install AR and bot to interact with shoppers.
- Activate AI-Guidance in World1 or Profession.
- Stored as a long-term investment.
- Use for trading on virtual currency exchanges, such as Nebula or EtherDelta.
The future of ARCS
AIre's ultimate ecosystem will have diverse participation of individuals as well as corporations. Requires many services and applications to meet their needs.
There are many scenarios offered such as: Decentralized digital identity, tokenization of assets, etc. If these scenarios become reality, many problems will be solved. A new Credit standard does not need to be based on income or employment status. Assets like cars or even paintings can also be tokenized. There may be a data-based user scoring mechanism, in combination with Blockhain that makes borrowing or P2P investments more accessible.
With diverse ecosystems and more participants, the demand for ARCS has also increased. From there the value also increased.
Should ARCS be invested?
I have provided all the information to everyone. Everyone should remember that investing in cryptocurrencies is always risky. Through this article hope everyone can make an investment decision or not!
Epilogue
Hopefully the article will bring all the knowledge about the AIre project and understand the ARCS token (ARX). In addition, people can learn about other projects at their Blogs. Thank you for reading this article!
Website: https://www.arcs-chain.com/
Twitter: https://twitter.com/ARCS_ARX
Telegram: https://t.me/ARCS_ARX_EN
Medium: https://medium.com/arcs-arx-official
Whitepaper: https://www.arcs-chain.com/whitepaper_en.pdf?v=20191122b
By : Dieaceing
URL bitcointalk : https://bitcointalk.org/index.php?action=profile;u=2826345