INTRODUCTION
AIre is a fast developing means of using secured data. The project aims to ensure the well-being of all and sundry both physically, mentally and socially. Both individuals and large data corporations can participate in this project. Participants will use smart contracts through the blockchain network to transact with each other. Individuals will provide information to data banks and be offered high level of privacy and rewards would be given based on how the data is inputted and used. Since buying and selling data is prominent in our lives, AIre will ensure that it therefore becomes easier at the same time ensuring our privacy and distribute data trade fairly.
Individuals personal data are being fragmented and disclosed to different services without their consent and sometimes even their identity. Some corporations still hold on to individuals personal data for monetization and analytics. AIre solves these problems by making use of the "next-generation bank" in which their data is protected and used with consent. AIre makes transfers or payments via cryptocurrencies and tokenizes valuables. Apart from ensuring data security and compatibility with other companies, AIre handles concepts and new technologies concerning user data management in order to become a true "user sovereign" platform.
AIRE'S TWO MAIN MARKETS
The information industry market and the financial refugee market. AIre acquires different types of personal data,adds value to it and return it. If the value of personal data increases,the markets involved with the information banks grow each passing year.
For example, if the unit price is 60 to 80 millionJPY for buying and selling a real estate,when the customer status is provided thereby establishing a sale, the information provided fee of 600,000 to 800,000JPY(1% of the sale price) is paid as a contingent fee. 1.7 billion adults worldwide don't have a bank account and AIre ensures us to secure it. AaIre would provide "the unbanked" with an ID/wallet which is less expensive than securing a bank account.
ABOUT AIRE
There are three main functionalities of AIre; Information input, information utilization and information storage. Information input involves the user putting personal details about themselves which they will therefore receive tokens as incentives. Information storage is stored in the data bank system as the name implies. Information utilization allows companies to offer their data bank services and incorporate their businesses.
The price of ARCS today is 0.323661. The most current active market trading it is Kucoin.vARCS/Bitcoin ratio is 1BTC=29885.37ARX. The blockchain platform used is Ethereum. The token symbol is ARX. The token name is ARCS. The token standard is ERC20.
CONCLUSION
ARCS would soon be reissued by introducing a more potential platform than the Ethereum platform. AIre promises to keep the users data safely without any form of compromise whatsoever. Since ARCS chain was developed as a public blockchain, any fraud can be noticed immediately. AIre makes it possible for only users that registers data are the only ones able to change it and can control who accesses their data.
USEFUL LINKS
Website: https://www.arcs-chain.com/
Whitepaper: https://www.arcs-chain.com/whitepaper_en.pdf?v=20191122b
Telegram: https://t.me/ARCS_ARX_EN
Twitter: https://twitter.com/ARCS_ARX
Medium: https://medium.com/arcs-arx-official
AUTHOR'S DETAILS
Bitcointalk Username: Nekkyush
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2661429