Blockchain Can Create a Flatter Earth: Case on RepuX

hatu (76)in #steemit • 8 years ago

When Fiction Becomes a Reality

Presently, a major dictating factor in how your life will turn out is your birthplace—something you have no control over. The social construct of the country you are born in can control the direction your life, ambitions, and aspirations take, but they can also crush all of these.

A book from 2011, Ready Player One, is recently being developed into a movie. The idea the book represents was believable in 2011: the discrepancy between the grasp and reach of many individuals becomes so high that they give up. The book tries to show that even when people’s drive and abilities give them the grasp to pursue their dreams, the social construct they live in limits their reach. As a result, the book shows an environment where the many, many who give up adopt a virtual world where they can pursue anything they want.

But blockchain makes this virtual world a reality. The placement of this concept isn’t entirely complete yet but the process is underway. Decentralization combined with the growing reach of the internet develops a world where opportunities are not restricted by borders and power becomes decentralized.

One Step at a Time

The road to make the virtual world described in Ready Player One is being developed by one blockchain project at a time. RepuX is the newest addition on the journey to make a world where opportunities are available on a pure merit basis.

The current political environment in the world is strongly against immigration. So, the most talented individuals with potentially world-changing ideas have no means to make their ideas a reality. But various blockchain projects are giving them a means to affordably access resources necessary to make their dreams a reality and to provide valuable ideas to the world, irrespective of where they are located.

RepuX provides a decentralized marketplace for data. The underlying value for this lies in the fact that economies are becoming increasingly reliant on technological advances which are increasingly driven by and focused on artificial intelligence. With RepuX, a secondary market for unused data is created. This allows cross-border reach at affordable prices. Moreover, this gives way for small regional entities to provide data within their own market, something that their own existing supply channels did not support.

Fulfill Your Grasp

While major databases exist, though at high costs, in developed countries, entrepreneurs born in the weakest societies have no such resources.

Data is the brain behind modern commerce. It drives proper decision-making to ensure operations are not based on a gut-feeling but on proper numeric sources. The technology that meshes with all the operations leverages data, and even the development of that technology is being largely enhanced with AI, the advancement of which utilizes data as a fuel.

With RepuX, regional entities of any nation can sell their data at economical rates to provide entrepreneurs the proper guidance to properly fulfill their market’s needs. It enhances their decision-making power to develop products that can succeed.

On a more advanced level, it finally gives them the data resources to develop more complex technological products which previously needed a large initial capital pool which was impossible to attain in an undeveloped country.

RepuX will empower entrepreneurs to fulfill greater goals, and this new wave of success will be blind to regional location. The lottery of birth is being wiped by the blockchain revolution, and RepuX is a leap forward. Individuals no longer need to pursue a virtual world to fulfill their dreams, they can achieve it in their living reality.