ARCS is AIre is an ecosystem centered around data banks and their users.It provides functionality for data banks so that they can operate effectively and transact with businesses and individuals.This section outlines AIre, its functionality, and its business model. It also includes a description of measures to prevent data tampering through using blockchain technology and interconnected data bank hubs.
Vision
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.SOLUTION
AIre solves the problem of inefficient data use. Currently, each company only stores and uses a portion of the information its users leave online. Therefore, a complete and accurate profile of users cannot be collected. Users generally have negative feedback on the current use of their data because the information and/or recommendations they receive as a result of it being used are often inaccurate. To solve these issues, AIre enables unified management of user data which allows for data to be used with consent and data rights protected. We believe that this mechanism can provide a wide range of application services for users. We refer to the interface which can offer these services as a “next-generation bank” .The next generation bank is a comprehensive digital wallet necessary for the coming era of digital transformation. A single service provider will not provide all services and each service provider will provide their service as part of a next-generation bank using a single token. The next-generation bank is a digital wallet which handles these services. AIre tokenizes valuables as security tokens through the data bank, such as stocks, real estate, art, etc., and makes payments/transfers using cryptocurrencies. Further details are described in “future development” section. AIre utilizes this data to create new evaluation standards. In addition to ensuring compatibility with other participant companies on the AIre platform, AIre will take the initiative in handling new technologies and concepts regarding user data management to become a true “user sovereign” platform.
Token Details
| NAME | ARCS |
|---|---|
| SYMBOL | ARX |
| PRICE | 1 ARX = 0,3 USD on Kucoin |
| Total Supply | 20,000,000,000 ARX |
| Token Standart | ERC20 |
More Info
| Ann Thread | Announcement |
|---|---|
| Website | https://www.arcs-chain.com/ |
| Telegram | https://t.me/ARCS_ARX_EN |
| https://twitter.com/ARCS_ARX | |
| CoinMarketCap | https://coinmarketcap.com/currencies/arcs/ |
Author : mynadira
https://bitcointalk.org/index.php?action=profile;u=2673593
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