Outstanding feature of ARCS on AIre platform

About Blockchain

The blockchain networks were originally designed to reach consensus only when the storage copy, gain redundancy and redo all calculations around. It is the factor that facilitates the need for a viable platform that can cut all challenges launched against the effectiveness of calculations.

THE NEED

The current need in relation to blockchain computing is to create a network that ensures the scalability of any kind of calculation. It is also important to point out that the scalability of blockchain platforms and networks is part of the reason why more powerful Decentralized Applications (DApps) can be developed.

It is the premise of market demand and the task of meeting the requirements for a fully scalable environment that the ARCS project has been launched. Here are some attributes that make it one of the best blockchain networks you can meet.

Introduction (ARX):

ARCS acts as a native token in the AIre ecosystem. AIre provides the function of managing and storing various data structures in "databases", basically a company to make money from data. Network participants can access and build on the Database through custom construction applications or directly through the proprietary API. This provides a flexible framework that makes it easy to build your business scenarios and applications with powerful insights from data analysis.

The project stems from the vision of bringing happiness to individuals around the world. ARCS aims to empower individuals to own their own data and identity so they can reap the value they have, instead of giving away for free. Ownership of data and personal identity along with the database network will allow many business situations and solve some of the world's most difficult problems, such as exchanging personal data, making money. from data, including finance, loan / sponsorship, scoring and reputation and privacy.

The main purpose of ARCS

Deals for users

Many Internet users are uncomfortable providing personal data for services due to the recent awareness of large corporations abusing personal data. AIre encourages users about the information they provide, expected to reduce the resistance to personal data storage.

Right to use the AIre service

The token economy is designed to organically expand the ecosystem, as participants will receive the unique benefit of using ARCS tokens instead of fiat currencies. The core value of AIre is the data that the database has and ARCS is the global network currency that data buyers can use to buy data.

Alre was created with the goal of becoming a data bank. Users of the platform will benefit by agreeing to provide personal information to businesses or organizations within the network. On the business side, the benefit to them is that the user data source has been screened and checked for high quality.

In early January, the AIre team began developing the AIre PoC chain with Parity Substrate in collaboration with Stake Technologies. PoC is the first step towards TestNet, followed by MainNet. The purpose of PoC is to verify the feasibility of requirements in digital banking documents and digital identities, test business models with simple test and deployment protocols.

Feasibility study of the requirements

Data banks and digital identification are the cornerstones of the AIre chain function. To meet these requirements, the PoC will include identification checks and complaints with a Decentralized Identification Number (DID), information management mechanisms between users and data banks, and data links. Data outside the data bank and has security, scoring and security features. Based on the results, the AIre team will conclude if the requirements are feasible.

Testing business model

The ecosystem is built to distribute and reward fairly for users, carriers and businesses. The PoC includes an economy simulation to understand participants' preferences.

Test protocol

Based on preliminary research, Parity Substrate was chosen for PoC because it has the potential to meet the above requirements. Parity Substrate provides the level of modularity, flexibility, performance and security that the AIre chain aims to.

ARCS Token

ARCS was developed by IFA CO., LTD. ARCS is an Ethereum-based token. This token is trying to improve the Ethereum platform for more maximal performance. In the future, people can use tokens for various purposes such as governmental and security purposes. They can also use this token for exchange, purchasing, trading, monetary conversion, and many more.

Token Details

Issuer: IFA Co., Ltd.
Token Name: ARCS
Token Symbol: ARX
Total issues: 20,000,000,000 (20 Billion)
Blockchain Platform: Ethereum
Token Standard: ERC20

TEAM

Conclude :

The project is needed to be invested, the team has many years of experience in business development and bringing ARCS to the decentralized financial market. The features and characteristics of AIre have helped ARCS to have a great innovation technology.

Website: https://www.arcs-chain.com/

Whitepaper: https://www.arcs-chain.com/whitepaper_en.pdf?v=20191122b

Telegram: https://t.me/ARCS_ARX_EN

Twitter: https://twitter.com/ARCS_ARX

Medium: https://medium.com/arcs-arx-official

Bitcointalk Username: wellfudge
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1236378;sa=account