ARCS - A new world token
Hello everyone ... Here I will discuss a very interesting project, for everyone who wants to invest in the cryptocurrency world, but before you invest and participate in this project, You must know how the vision and mission of the ARCS project is for you to understand the goals of the ARCS. Here is a review.
Introduce
Public blockchains are a mechanism through which networks can maintain decentralized consensus across a shared country. Usually, the country holds, among other data, the payment system. Bets held by participants in the resulting economy act as their motivation to make the country widely available to others and to reject invalid transactions. In this ethical cycle, the payment system is built on decentralized consensus, which works only because of the incentives created by the payment system itself. Both the payment system and the consensus can then be used for other purposes.
When new applications for blockchain technology are dreamed,
The demand for basic infrastructure continues to increase. Currently, the two main obstacles to the widespread adoption of blockchain technology are poor scalability and the lack of a solid development environment. ARCS's main contribution to the blockchain ecosystem addresses these two issues.
What is ARCS (ARX)?
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. 3rd parties will pay to get data to serve their activities. Finally, data providers will receive ARX tokens as a reward.
Advantages of ARCS (ARX).
- The project has built a complete model of how components will interact and generate revenue to attract users to the platform.
- Based in Japan, the country is quite open for blockchain development.
- Based on the Ethereum blockchain, the second-largest blockchain platform behind Bitcoin, will save development time, and also benefit from a large number of users.
- Advanced mechanisms help secure as well as help users generate income from personal information.
- Address the current data leaks of many traditional platforms.
- Highly appreciated and listed by Kucoin, the exchange has a high ranking on Coinmarketcap.
What is the AIre project?
AIre is a project of IFA. The goal is to become a new generation bank. A data bank. AIre they will collect user data by incentive with ARCS token. More precisely, a business makes money from data. They will take charge from ARX transactions through the data bank.
Alre was created with the goal of becoming a data bank. Users of the platform will benefit in return for agreeing to provide personal information to businesses or organizations within the network. On the business side, the benefit for them is a source of user data that has been screened and tested with high quality.
There are two main components that will join the Alre platform:
User: is the data source for ARCS.
Enterprise: participating in data mining is in ARCS platform
In the Alre platform, ARX acts as an application coin for the following purposes:
Users will receive an amount of ARX tokens based on the personal data provided.
Businesses use ARX tokens to buy data on Alre.
Businesses will then process this data according to their needs and offer services to users in the ARCS platform to receive ARX tokens
The Alre project will charge an intermediary fee through ARX when companies buy data from the Alre platform.
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.
Conclusion
ARCS is one of the results of the development of blockchain technology that has undergone good performance and great ideas based on a system that directly opens up opportunities for investors to be more open to investments that bring symbolic. ARCS is the most complete investment ecosystem operating on the Block. As one of the first platform foundations, the company wants to recognize and help investors worry more about the economic weakness that many people in the world are in the concept of supporting each other. as an investment can be exchanged by registered users of this blockchain. Some important points of the ARCS Platform This will be the moment that most registered investors or potential investors start trading on this platform will do business
More information connect to ARCS
Website: https://www.arcs-chain.com/
Whitepaper: https://www.arcs-chain.com/whitepaper_en.pdf?v=20191122b
Twitter: https://twitter.com/ARCS_ARX
Medium: https://medium.com/arcs-arx-official
Telegram: https://t.me/ARCS_ARX_EN
author : Brown36
URL bitcointalk : https://bitcointalk.org/index.php?action=profile;u=2785648
ETH : 0x14B114E8546a8F6383727e7BC0a7bC72E1cA5ED4