ARCS Chain — Data Management with Blockchain Technology

Diverse extraordinary innovations still surface within the cryptocurrency space with different objectives and standards best suited to tackle problems affecting present-day society. The utmost hype of blockchain innovations has led to extended growth of the crypto market, allowing companies, countries government and interested individuals to fit into any sort of cryptocurrency business with the aim of becoming a part of this unconventional profitable trend taking the planet by storm.

Everyone knows that our personal data is extremely important and priceless. However, the truth is extremely different. Data and identity theft are two of the foremost dangerous financial problems that the majority consumers are ignorant of so far. Today i will be focusing on a revolutionary project which is revolutionizing the crypto space to give individuals the rights to their data and also the value their data holds.

ABOUT ARCS CHAIN

ARCS is a revolutionary project that's developed by IFA along side by side the Team of AIre Products, they are available with various things special to supply services to data owners along side the worth they supply for managing their data. The ARCS chain make possible the finest ecosystem where personal privacy is extremely valuable and users can get a pleasant dissemination of advantages from their data in order that it can provide sovereignty for the community.

This revolutionary project yearns to enhance well-being for people all over the world, not just physically, it also includes mentally and socially. They have got a vision is to permit individuals through the rights to their data and also the value their data holds. The ecosystem will include members of various kinds, starting from individuals to large data corporations. Users are going to be ready to transact with one another, protected by the “rule of code” enforced with smart contracts deployed onto a blockchain network. This permits businesses to shop for and sell data while being acquiescent with personal data regulations, in the long rum improving their data analytics power and obtaining meaningful insights. Users who provide information to data banks will be protected by a high level of privacy and get rewards supported inputting data and it getting used . Buying and selling data is progressively becoming a important part of our lives, Aire’s proposed framework will make buying and selling data an consolidated part of our lives whilst ensuring privacy and equitable distribution of data trade.

IFA, which has developed an ARCS Token with ARX platform symbol from AIre Products, is extremely beneficial for its users using blockchain technology, being environmentally friendly to users, marking organizational values, giving access to exchanges, transfers, purchases and so on with exceptional benefits.

The ARCS chain also put a stop to data damage and supply security to one’s database orderly and effectively. The AIre ecosystem gives an exceptional service to users bringing new assessment that give high income to their personal data accurately and equitably.

IFA BUSINESS MODEL

TOKEN DETAILS

ARCS (ARX) is the native token in the AIre ecosystem, which is centered around data banking. It is issued on the Ethereum network with the ERC-20 token standard and be traded on exchanges

Entity to issue tokens: IFA Co., Ltd.
Token name: ARCS
Token symbol: ARX
Total minted tokens: 20,000,000,000 (20 Billion)
Issuing schedule: Issue all tokens at once
Number of decimals: 18
Blockchain platform: Ethereum
Token standard: ERC20
Contract address: 0x20b1a8a9ca1c7302b7f774266c491c7b11622779

ARCS is mainly used for the following purposes:

• Incentives for users
  Many internet users feel excruciating when providing personal data to services due to the recent public knowledge of large corporations misapplyig personal data. AIre incentivizes users for the information they provide, which is expected to lower aversion to storing personal data.

• Rights to use the AIre service
  The token economy is developed to expand the ecosystem inevitably since participants will receive distinctive benefits from using the ARCS token as opposed to fiat currencies. The central value of AIre is the data which the data banks hold and ARCS is the global network currency which data buyers can use to buy data with.

ROADMAP

TEAM

FOR MORE INFORMATION PLEASE VISIT THE LINKS I HAVE PROVIDED BELOW;

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

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

TWITTER: https://twitter.com/ARCS_ARX

TELEGRAM: https://t.me/ARCS_ARX_EN

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

Author: BrainerdPaul

BitcoinTalk profile link: https://bitcointalk.org/index.php?action=profile;u=1680409