THE ECOSYSTEM OF MUTUAL SHARE OF VALUE WITH THE AIRE PROJECT

In the world today, we operate a system of data management that is inaccurate and poorly managed. Companies take personal data from internet users without consent, which isn’t right. But it doesn’t end here. What’s worse than taking personal data illegally is the inappropriate usage of such data. AIre is a new system that will effectively solve the problem of data management. A project to benefit data owners and companies in need of data by sharing value with the ARC token.

AIre is a project of the IFA Company Ltd. designed to tackle data mismanagement issues. AIre enables centralized management of data. This will allow companies to explore internet users’ data with their consent legally. AIre will use its management system to offer companies accurate personal information of data owners in exchange for a reward.

The AIre project bases its philosophy around improving people's lives by leveraging the value in their personal information. AIre project seeks to impact the physical, social, and mental aspects of peoples’ lives. It also seeks to help large corporations get accurate information, and so better manage the use of users’ data.

THE ARCS TOKEN

AIre involves the collection of user data and storing at the project's data banks. ARCS is the currency of the network that’s globally acceptable. The owner of user data receives incentives in ARCS and corporations request for users’ data with it.

ARCS is a blockchain token with its own value. But it’s not yet considered money (like cryptocurrency coin). So it’s to be hosted on a blockchain like Ethereum which is, in fact, the current host of ARCS. Participants of the Alre ecosystem can keep their token in wallets throughout the internet that support the ERC-20 token standard. Participants can then trade with the token on exchanges if it’s listed.

It’s crucial to point out that market conditions may cause ARCS to fluctuate in market value. This fluctuation is not new and it happens to all cryptocurrencies. Cryptocurrency’s small market size, low liquidity, bad speculations, and legislative complications are the major causes.

Here is a detail of how ARCS circulates within members of the AIre project:

Participants (owners of data) who understand the terms of the project upload their personal information into the data bank.

Participants get payment (reward in token) for sharing their data and consenting to its use.

Companies in need of personal information get ARCS from an exchange, then pay for the information with ARCS from the data bank.

IFA, the parent company receives a commission for service rendered.

Companies can use the personal data obtained from AIre’s data bank for their services.

CONCLUSION

Experience a world of possibilities and mutual share of value with the AIre project. In this ecosystem of mutual benefits, users will become confident in the appropriate use of their data. Companies would be more efficient with data management to better serve the people.

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: Ngoukan
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2661426