ARCS : A new world token

The concept of data management arose in the 1980s as technology moved from sequential processing (first punched cards, then magnetic tape) to random access storage. Since it was now possible to store a discrete fact and quickly access it using random access disk technology, those suggesting that data management was more important than business process management used arguments such as "a customer's home address is stored in 75 (or some other large number) places in our computer systems." However, during this period, random access processing was not competitively fast, so those suggesting "process management" was more important than "data management" used batch processing time as their primary argument. As application software evolved into real-time, interactive usage, it became obvious that both management processes were important. If the data was not well defined, the data would be mis-used in applications. If the process wasn't well defined, it was impossible to meet user needs.

Integrated data management (IDM) is a tools approach to facilitate data management and improve performance. IDM consists of an integrated, modular environment to manage enterprise application data, and optimize data-driven applications over its lifetime. IDM's purpose is to:

1. Produce enterprise-ready applications faster
2. Improve data access, speed iterative testing
3. Empower collaboration between architects, developers and DBAs
4. Consistently achieve service level targets
5. Automate and simplify operations
6. Provide contextual intelligence across the solution stack
7. Support business growth
8. Accommodate new initiatives without expanding infrastructure9. Simplify application upgrades, consolidation and retirement
9. Facilitate alignment, consistency and governance
10. Define business policies and standards up front; share, extend, and apply throughout the lifecycle

Alre is a world which various human values can be turned into assets and used as social resources. ARCS is a token issued to make its construction faster. To realize this non-centralized system, we will operate it in a unique way. Settlement tokens, governance tokens, and utility tokens will also be issued. Please enjoy the new world which is full of fresh values and lighted up by ARCS.

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.

AIre targets a wide variety of markets, the two main markets are: the information industry market, AIre's information banking initiative will target this market and the financial refugee market, as described in the “future development” section. To give an example, adecentralized digital identity (DID) infrastructure can be developed by utilizing data stored in an information bank. As a result, it is possible to target unbanked people who do not have access to financial markets since they do not currently have a digital identity.

AIre provides functionality for management and storage of various data structures in “data banks”, which are essentially a business to monetize data. Network participants can access
and build on AIre via custom-built applications or directly through proprietary APIs. This provides a flexible framework which makes it easy for companies to build their business
scenarios and applications with powerful insights from data analytics

Several technological milestones must be met in order to carry out ARCS vision and build an ecosystem which allows businesses and users to transact with personal data in a secure and private manner, and distribute rewards fairly. ARCS team takes a pragmatic approach
to the development and breaks down development into components that eventually will make up the ecosystem. The development philosophy is lean and agile, which means that the requirements will continuously be tested with the real users of the ecosystem e.g. users
and businesses.

PoC as starting point
The PoC verify technological feasibility of following:
*ARCS token can be issued as base currency in proprietary public blockchain network
*The network can achieve trustless data bank architecture so that no one can control the users data and users will get rewarded in a decentralized manner
*A system without user transaction fees in order to offer good user experience

PoC use cases
The PoC confirms that following use cases can be build with blockchain and not compromise user experience in comparison with traditional systems:

1. When users register their data, they will receive tokens as incentives
2. Users can delete their data anytime they please
3. Authorities or corporations can make requests to access user’s data
4. Users can always control which authority or corporation that will have access to their data by respondings to data access requests
5. Users can receive tokens as reward for granting companies access to their data

Trust model
In order to determine functional requirements and system architecture, a discussion of the trust model must take place. A trust model is the underlying programmable logic of the system. If all programmable logic is implemented in a decentralized blockchain network, it’s fully trustless. On the other hand, if the logic is located on a centralized server with a central authority, it’s fully trustful. ARCS vision is to provide a trustless-based data bank, which means that as much as
possible of the programmable logic must exist on the public blockchain and users can interact with the blockchain by using their digital signatures. With this, we can ensure user’s self-sovereignty, ownership of data, and fair distribution of rewards.

Functional requirement
Architecture
ARCS chain implementation details

Substrate was used as template for the PoC development because

• It’s difficult to implement blockchain from scratch
• It was considered to fork projects such as Ethereum, EOS.
• However, the fundamental architecture and system doesn't match the PoC objectives
• Substrate is a kind of blockchain template with great flexibility and modularity
• It’s possible to implement original blockchain simply by choosing suitable Substrate modules, each of which is component like consensus, p2p networking, etc, and implementing some custom modules
  It’s possible to switch the behavior of the blockchain easily by switching between the modules
  ARCS chain implementation
• All of the functionalities marked “x” in the column “blockchain” on the table in the Functional requirement section are implemented by using Subsurate Custom Runtime Module The PoC uses a permissioned type blockchain. However, in future versions it’s intended to use permissionless type blockchains simply by replacing the consensus modules

Going ahead
The PoC only covered a few components of the ARCS ecosystem. However, the ones covered were successful and confirmed feasibility and requirements. This will serve as a foundation for future development. The future development will also test components with other blockchain protocols.

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:
Username Telegram: @kimnauta
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