Hello guys,I will like to to introduce to you about a project called Alre,as we all knows bank account is a new innovation where most people tends to keep their money and store most of their valuable items,we trust bank to secure our properties and valuable items by living most our valuable items with them,but according to world bank about millions of people in the world does not make use of bank ,and this millions of people without bank account are not to be blamed ,why because of the issue of creditworthiness or economic power,imagine having intention to have a bank account but due to the fact that you are underaged with no valid i.d card you were not able to have account
Alre believes this issues will be cleared if they will be able to secure credit worthiness in their platform,alre has the potential to provide people who do not have bank account with an id or wallet that is much cheaper to access than a bank account,by inputting their personal information and they can be able to visualize their potential through scoring.
notwithstanding,ALre is an ecosystem that stands in between banks and theirs users ,they provide a functionality for data bank so that they can operate effectively and transact with businesses and individual ,we have so many things that are essential for our business in other to monetize some day to day data,alre provides functionality for management and storage of various data in both data bank ,which is very important to monetize data
The main functions of alre platform which i will like you to benefits from is ,arlc has an information input,this is basically for users of arlc,they can input their personal informations such as their address,answers to their questioniers ,text books from blogs and with this they will receive token as incentive
Another function in alrc is information storage,alrc is an information stored data that tends to secure and preserve the integrity of the data ,the system is build to automatically calculate hash data and store it in a blockchain ,this will allow their users to verify weather their data has been tempered or not
With the api of alre its allows companies to integrates their business and applications with data bank or even after their own data service ,the platform will allowas the technologies to handle different business,the platform keeps a very glamouring record on participant on which has been granted access to which dat and sequently which reward have been distributed to which data
Alrc has a business model where they tends to create revenue Since token holders can participate in a variety of ways, We provide a mechanism for the ecosystem to grow naturally.in alre there payment are made with there token,and provide a Maximum values for users and companies
ABOUT THE THE TOKEN
Arc is the native token of Alrc,and it is supported by an ERC-20 token standard which is Arc,about there token flow ,users will input data in alre bank and receive Arcs as a reward,anyone who wish to acquire data from the data bank will first buy ARCS from an exchange;Companies can then buy data from a data bank with ARCS. At the same time, users will be rewarded for their data and IF will collect a commission fee for delivering the service;Companies can utilize the data for their services and offer it to AIre users in return for ARC
ABOUT THERE VISION
Alre have a wonderful vision to improve the well being of an individual ,they are doing this in all well round improving individual both physically, mentally and socially,they are much concerned about individual right to their data to empower them In the valuation of there data ,the platform will be made with participant of many types across the entire world,they will enables businesses and companies to buy and sell Data in complaint with Personal data regulations
ABOUT THERE TEAM
This is the little I can say about this wonderful project,there are so much to read about them ,to know more about the project,you can kindly go through there links more information on
Website: https://www.arcs-chain.com/
Twitter:https://twitter.com/ARCS_ARX
Telegram: https://t.me/ARCS_ARX_EN
White paper: https://www.arcs-chain.com/whitepaper_en.pdf?v=20191122b