THE VALUE OF DATA(REPUX ENGAGEMENT)

in #ico8 years ago

IMG_20180330_193211_635.jpgFor long i have been hearing a particular phrase which says that ignorance is gotten through lack of information, then I ask myself one question what is this information. Information is just the detailed description or summary about an event or thing. Another definition says is just the collection of data. Many at times data about a particular procedure or event or a particular thing may seem useless especially to those that are the chief custodian of the information because to them such information is like a norm or such information is just a daily must know to either the person or entity. Many at times many of this basic information/data are what basic company or entity need to do their various activities in either the financial, health, education,commerce and other sectors down to production of basic things.
Let me give you an example in which data is like diamond. Let’s take for example as a health worker working in a place where is endemic for a disease like chronic liver disease. You as a health care worker have information about the epidemiology of the disease so you can provide such information to pharmaceutical companies who can start producing drugs that can be used in the management of thedisease and start shipping it into that area there by maximizing their profit. As you can see this information is a norm to the health care working but it is like gold to the pharmaceutical companies that is how data is. This information can’t be found everywhere that is why you will always see top firms always moving forward because they know where to get their information from.
For long due to the fact that for one to move forward information is vital, many companies are now involved in trading of vital data to companies at a high price which can’t be afforded by small and medium scale companies without reward to the giver of such information and with bad transparency. What of if I tell you that there is solution to this problem which will benefit both the deprived enterprise and to the giver of data that is what REPUX PLATFORM brings.
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REPUX PLATFORM through blockchain technology has created the means by which brings/givers of information/data are rewarded for providing vital information to companies to improve their productivity all round. It has also provided a means by which small scale companies and other enterprise down to the health sector can get tangible first hand information. To facilitate this transaction, repux platform has created repux token which will be the means of exchange in the ecosystem and be used to reward givers of information. For more information visit.
https://repux.io/
Telegram: https://t.me/repuxicoEN
Ann thread: https://bitcointalk.org/index.php?topic=2646302.0
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