Introducing the ARCS and AIre ecosystem

Data banks have since been born an important part of human life, especially when it comes to human activities in this area. At first it seems that it could only be used to send data, but it has proven to be more useful than that. Just like we can't do without credit cards and smartphones, blockchain technology is slowly coming to a point where we wouldn't be able to do without it. However, for mass adoption, cryptocurrency companies or developers need to be available to them all the ideal products, devices, and models that have developed over the past three decades. via frameworks (like Android, Linux, Windows and more.). So when the data is provided to reputable companies and ensures transparency, it is difficult to implement, capture the situation on the team that launched the ARCS project running on AIre platform.
AIre is an ecosystem focused on data banks and their users. It provides functionality to data banks so they can operate efficiently and transact with companies and individuals. This section describes AIre, its functions and business model. It also includes a description of measures to prevent data manipulation through the use of blockchain technology and interconnected data bank centers.
AIre collects data from customers using various institutions and governments, for example, by pursuing payment cards or by converting into a store coin. This collected information is extremely compelling for both organizations and customers. Organizations can use the vast amount of data gathered from AIre to create compelling governments and round segments that can be used as a settlement strategy for governments. After that, the incentives (digital currencies, tokens) will be given to customers as a thought for providing data.

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.

The ARCS Chain Platform ensures that all users who register on the platform will receive the ARCS token as a reward for voluntarily registering their personal data on the platform and opening access to the data. to use. The ARCS chain allows users and businesses to use web-based applications to transact. During this time, users or businesses will not have to pay transaction fees. ARCS Chain is a public blockchain with 100% decentralization, manipulation on this platform will be difficult to perform because the data and transactions are transparent to the public. Data owners have full access and control over their data in the ecosystem. The ARCS chain will launch a PoC product that will co-test identity and claim with Decentralized Identification Numbers (DIDS), information management systems for databases and users,
The ARCS chain will fairly distribute rewards to users, network operators and their businesses. The Poc includes economic incentives to understand the preferences of the participants.

DETAILS

Issuer: IFA Co., Ltd.
Token Name: ARCS
Token Symbol: ARX
Total issues: 20,000,000,000 (20 Billion)
Decimal places: 18
Blockchain Platform: Ethereum
Token Standard: ERC20
Contract address: 0x20b1a8a9ca1c7302b7f774266c491c7b11622779

ARCS token

ARCS is the native token of AIre.It will fluctuate according to market conditions.

Remember, Our token is already available on Kucoin exchange

The flow of ARCS (ARX)

There will be two main objects involved in the ecosystem and use of ARX. The first is that the user is the main source of data. The second is companies that buy data from AIre. The ARCS token will rotate between these two objects. And IFA's earnings come from transaction fees between ecosystem actors.

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.

Team Member

This is a very promising project, it is led by many talented people of Japan. I hope that this article will help you have a more objective view of ARCS and the benefits it brings
Thank you

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

Telegramm: https://t.me/ARCS_ARX_EN

Twitter: https://twitter.com/ARCS_ARX

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

Whitepaper: https://www.arcs-chain.com/whitepaper_en.pdf?v=20191122b
author : reymarkperry
bitcointalk URL : https://bitcointalk.org/index.php?action=profile;u=184707
ETH : 0x18654A32C97b50C62E463E4bCc1b06934C27B0f1