OVERVIEW OF AIRE'S DATA MANAGEMENT, BLOCK-CHAIN PLATFORM

INTRODUCTION

Block-chain Everywhere! It's no longer surprising that block-chain technology gains a new use case or application at every shortest possible time.
AIre is a block-chain concept that is centered around the aspect of data management and (more specifically,) individuals' profile data. It is also about the well-being (survival) and not just privacy of the owners of the high volume of data, histories and profiles on computer memories all over the globe.

THE NEED FOR DATA AND DATA ANALYTICS!

Every Internet or mobile device user today, has some of his/her data somewhere on the web. Let's take a look at a more general instance: Many of us have accounts with various organizations such as Banks, Insurance companies, the government, and so on. Having an account with them means you've submitted some of your personal data to their system.
Some of these companies sell our data to organizations who need them for purposes such as research, testing, statistical analysis, etc. Data is very important and its analysis can help unearth a lot of discoveries about humans, things and the world at large. Doctors, teachers, the entertainment industry, governments, entrepreneurs, CEOs, and even criminals and so on, all use data in order to achieve their goals. Their systematic utilization of available data is simply what is known as Data Analytics.

AIRE: CONCERNED WITH THE WELL-BEING OF DATA OWNERS

WHY AIRE?

"So, why and how does AIre fit into this issue", you may ask?
Well, as earlier mentioned, various individuals, organizations and big corporations, as well as agencies and authorities make use of data because it is a very essential 'material' every organization needs in order to start up, run and grow.
Data has become so important that it is sometimes referred to as 'the Oil' of this day. Data is required for assessments, analysis, improvements of sectors and the continuous creation of new technologies. Hence, the concept of buying and selling of data. Organizations or individuals who need data that they do not readily possess can purchase from those who readily have data or people's accounts or on platforms known as DATA BANKS.
On data banks, data is simply being traded for money. This is where AIre comes in...

OBJECTIVE OF THE AIRE PLATFORM.

AIre wants to make sure that persons or owners of certain data are empowered through data protection, rights to data and the value of their data (i.e how much their data is worth in monetary terms when traded). Since data is so valuable for the operation of these organizations, they are ready to pay well those who hold people's data. AIre is going to make sure that data being traded in data banks are controlled by their owners, protected with high security and that the data owners will be fairly rewarded for submitting their data for use or sales on the data bank.

AIRE's BLOCK-CHAIN NETWORK!

AIre's Ecosystem will be made up of many kinds of participants and data banks, including individuals, big corporations, etc that will be allowed it participate on the network and transact with each other in accordance with the enforced rules based on smart-contracts and the block-chain technology.

CONCLUSION.

AIre is a block-chain concept that is centered around the aspect of data management and (more specifically,) individuals' profile data. It is basically concerned with the well-being (survival) of the owners of the high volume of data or profiles on computer memories all over the globe.
Data is very important and its analysis can help unearth a lot of discoveries about humans, things and the world at large. Meanwhile, companies who hold our accounts and data usually sell them to organizations or individuals who need them for analytics and various purposes, thereby making money from it. Yet, they never pay the owners of these data.
AIre's platform will connect individuals, data banks and organizations who need data on a single interface where they can all transact in accordance with the enforced rules, users' data protection and self-sovereignty, so that income gotten from the monetization of data will be distributed fairly especially for the benefit of data owners.

ROADMAP:

USEFUL LINKS:

WEBSITE: https://www.arcs-chain.com/
WHITEPAPER: https://www.arcs-chain.com/whitepaper_en.pdf?v=20191122b

TWITTER: https://twitter.com/ARCS_ARX

TELEGRAM: https://t.me/ARCS_ARX_EN

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

AUTHOR:
BITCOINTALK PROFILE: https://bitcointalk.org/index.php?action=profile;u=2450337;sa=summary