The ARCS platform grows in the Blockchain world
Introduce
However, the most important asset on the planet is never oil again! Our group of people is changing, attracting and promoting cryptocurrencies on the planet, as the region depends on blockchain innovation, where everything is simple, authentic and protected as expected. a reasonable way. Cryptocurrencies are quickly catching on to the situation of the world network - the citation is constantly growing, which causes customer development enthusiasm. Cryptocurrencies are a type of computerized cash, creation and the board relies on encryption strategies to process data. Cryptocurrencies are an option to withdraw cash. Everything is simple here, aside from what many consider to be possible, projects that depend on the innovation of blockchain - a suitable database that makes moves, you don't need to try. to confirm the exchange, because on the account of the banking activities, there is no unnecessary cost, and this innovation guarantees against blackmail. A decentralized region has the potential to make extraordinary progress in practically all sectors of the economy. Decentralization is a major component of blockchain applications.
The ARCS project was created to change this, 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.
Functions AIre
Insert information
IFA will provide or develop tools to collect data. Data such as links of social networking accounts, location, web history, health care data ... Of course, there must be user consent. In return, you will receive ARX.
Data saving
Data banks will use Blockchain to store collected information. Because the data is stored on Blockchain, forging information becomes impossible. This creates a transparent product of the data.
Use data
Exclusive APIs from AIre provide companies to integrate into their work and applications with data banks. Even provide data banking services specifically for these companies.
The philosophy of the AIre project is a desire to improve well-being for people around the world, not only physically, but also mentally and socially. AIre’ s vision is to empower individuals through the rights to their data and the value their data holds. The ecosystem will include participants of many kinds, ranging from individuals to large data corporations. Participants will be able to transact with each other, protected by the “rule of code” enforced with smart contracts deployed onto a blockchain network.
This enables businesses to buy and sell data while being compliant with personal data regulations, ultimately improving their data analytics capabilities and deriving meaningful insights. Individuals who provide information to data banks will be protected by a high level of privacy and receive rewards based on inputting data and it being used.
Buying and selling data is increasingly becoming a major part of our lives, Aire’ s proposed ecosystem will make buying and selling data an integrated part of our lives whilst ensuring privacy and fair distribution of data trade.
How ALRE Can Help Change the World?
As of mid-February, IFA succeeded in developing the prototype of ARCS chain, and concluded technological verifications of 1, 2, 5a, and 5b using the prototypes.
Data entry: Provide or develop tools to collect data. Data such as links of social networking accounts, location, web history, health care data … Of course, there must be user consent. In return, you will receive ARX.
Data storage: Data banks will use Blockchain to store collected information. Because the data is stored on Blockchain, forging information becomes impossible. And this brings the greatness of creating data transparency.
Data usage: Exclusive APIs from AIre provide companies to integrate into their work and applications with data banks. Even provide data banking services specifically for these companies.
The flow of ARCS (ARX)
There will be two main objects involved in the ecosystem and use of ARX. The first is that the user is the main source of data. The second is companies that buy data from AIre. The ARCS token will rotate between these two objects. And IFA's earnings come from transaction fees between ecosystem entities.
ARX tokens act as a fuel source to accelerate this ecosystem development. IFA will pay with ARCS to get information. When there is a lot of data, companies will keep an eye on it. To buy data, they have to pay with ARCS. At this point, companies are required to use fiat to buy ARX at exchanges. Then use this token to buy information. Companies can also provide services to users to receive rewards. These services will likely meet the needs of users. Users are willing to use the ARCS to use this service.
Specification of Token ARCS
Token issuance entity: IFA Co., Ltd.
Token Name: ARCS
Token symbol: ARX
Total supply of tokens: 20,000,000,000
Release plan: Release all in one go
Number of decimals: 18
Blockchain Platform: Ethereum
Token Standard: ERC20
IFA company information
Company Name: IFA Co., Ltd.
Located: 15F, Shinjuku Sumitomo Building, 2 Chome-6-1 Nishishinjuku, Shinjuku City, Tokyo 163-0290, Japan
Representative: Masashi Mizukura (Presiding as president)
Contact information: 03-5909-5335
Website: https://ifa-aire.co.jp
Founded: October 1, 2014
Team Members Of ALRE
Conclude :
The above detailed features certainly made you satisfied, right? . I have carefully researched the project and concluded that this is a project worth investing and making a profit
More: Informations, please visit the link below:
Website: https://www.arcs-chain.com/
Telegram: https://t.me/ARCS_ARX_EN
Twitter: https://twitter.com/ARCS_ARX
Medium: https://medium.com/arcs-arx-official
Whitepaper : https://www.arcs-chain.com/whitepaper_en.pdf?v=20191122b
author : Discussion
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