Introducing ARCS - Collaborate with AIre to develop blockchain technology
The potential of developing Blockchain technology depends entirely on how it will be distributed among the masses and what benefits the world can bring. I have no doubt that she has a bright future and popular love, but so far, after years of efforts and investments of several billion dong, no one has been able to fully realize the comprehensive implementation in real sectors of the economy. Until now, the blockchain was mainly used to speculate cryptocurrencies on exchanges and conduct illegal financial transactions between wallets.
There are so many application ideas, new projects are launched daily with beautiful fairy tales drawn on white paper, but their implementation is still lame. In most of the described use cases - from super-fast payments to taxis on the blockchain, from depositing money into a garbage disposal system - the authors of technical documentation use all sorts of tricks, careful carefully hang noodles on the ears of their investors, trying to introduce distributed and anonymous registrations to the place, which is essentially unnecessary, but in the current form and with the current integrated means unfavorable. By the way, it will bring nothing but trouble and frustration to users. In general, it is probably too early, there is no convenient and intuitive tool for a conditional housewife and the issue of scalability has not been resolved.
Interested people in the cryptocurrency market are also now significantly reduced, bots mostly traded on exchanges, because digital assets rise in value under the Metcalfftime law, which claims that influence of the network is proportional to the number of users connected to the system, but how to increase the number of users connected to the system, the cryptocurrency has finally reached the moon and the whole world pays attention to it, If in this case, is the bandwidth and security affected again?
So what is the solution to the above problems?
Here I will introduce you to a project called ARCS that is used on AIre platform
AIre is a decentralized data exchange platform built on Ethereum's Blockchain. AIre is an IFA project developed in 2017 in Tokyo, Japan.
AIre wishes to become a data bank. Where users can benefit from providing information and data to companies and businesses. Companies can earn accurate and quality data.
IFA has incubated, developed and operated Alre, a network where users have complete control over their personal assets and digital identities. ARCS (ARX) is the original token in AIre, issued by IFA and based on the Ethereum network to realize a decentralized system.
AIre has 3 main functions:
Enter the information
Users can enter personal data information such as gender, health, location, links of social networking accounts ... In return users will receive rewards from AIre for their contributions. .
Save data
The information provided by users will be kept confidential by applying Blockchain technology. Thus data will not be stolen or modified.
Use the information
Proprietary APIs provided from AIre will allow companies to integrate applications and data into data banks. In addition, companies can purchase data from AIre.
- When users register their data, they will receive tokens as incentives.
- Data registered by a user can only be changed by the corresponding user.
- Users can always control which authority or corporation that will have access to their data.
- Users can receive tokens as reward for grating companies access to their data.
- Blockchain will provide all these functions without compromising user experience.
What is ARCS (ARX) used for?
First, let's talk about the participants in the AIre ecosystem. Including:
User: A data source for AIre.
Company: Companies buying data from AIre.
Reward
Users who provide data to AIre will receive an ARX token.
Currently information on how to calculate the reward has not been mentioned in the whitepaper.
Payment
Companies using ARCS are purchased from exchanges to buy data from AIre.
In addition, companies provide services to users to receive ARCS tokens. Users can use ARCS to pay for company services.
Commission Fee
AIre collects commissions with ARX tokens when companies buy data from data banks.
To learn more about ARCS, I will give you an example to guide you:
Why can you use free games or technology on the internet? So where do they get the funding to maintain the project?
Here I will tell you more because your personal data will make them a huge source of income and use them to advertise their products. When you talk to a friend about a product you are about to buy, it will immediately appear on the screen and suggest what you need to buy. They use AI to set up a mechanism to eavesdrop on information from your login to them.
But with AIre you can be assured because your personal data is completely confidential. When you agree to give your information to a third party, AIre will dare to disclose it. You will be rewarded with ARX to sell them on exchanges.
So should we invest in ARX?
I believe that everyone has also learned a lot of information from social networks, ARCS is currently very prominent and has the largest number of users in the world. Investors are massively holding ARX tokens for ease of trading and making daily profits
Specification of Token ARCS
Token issuance entity: IFA Co., Ltd.
Token Name: ARCS
Token symbol: ARX
Total supply of tokens: 20,000,000,000
Release plan: Release all in one go
Number of decimals: 18
Blockchain Platform: Ethereum
Token Standard: ERC20
IFA company information
Company Name: IFA Co., Ltd.
Located: 15F, Shinjuku Sumitomo Building, 2 Chome-6-1 Nishishinjuku, Shinjuku City, Tokyo 163-0290, Japan
Representative: Masashi Mizukura (Presiding as president)
Contact information: 03-5909-5335
Website: https://ifa-aire.co.jp
Founded: October 1, 2014
TEAM ARCS
Conclude
As an investor with many years of experience, I have learned ARCS for a long time and learned a lot of useful information from holding ARX. I do not recommend investing in this project, but consider it carefully because this is a potential project. The more ARX you hold, the more you benefit because the higher the buying and selling demand between the data collection company and users, the more expensive ARX will be.
For more information, please visit the link below:
WEBSITE: https://www.arcs-chain.com/
TWITTER: https://twitter.com/ARCS_ARX
TELEGRAM: https://t.me/ARCS_ARX_EN
MEDIUM: https://medium.com/arcs-arx-official
WHITEPAPER: https://www.arcs-chain.com/whitepaper_en.pdf?v=20191122b
author - Scubidu
Profile - https://bitcointalk.org/index.php?action=profile;u=2785636
Wallet - 0xb39D2e71DC421785c507dCEb6441241231e85Ec0