BitClave – The New Technology to Revolutionize Search Engines
User behavior and search data is worth billions to companies but users are not being compensated for this. Internet giants provide everything for us - free search, free mail, and free chat. But, every time you perform a search or click on an ad, they are paid hundreds if not THOUSANDS of dollars from the companies behind the ad. Why should you do all the work while they reap all the benefits?
The global search engine ads market share has been growing by double-digits in recent years, hitting past $500 billion in revenues. Too much money goes to the hidden ad network with too little added value for businesses and customers.
According to Statista.com, the search market leader Google has a market value of 680 billion U.S. dollars.
While the greatest growth has come from segments such as search engines, new technologies have the potential to radically distort the search engine market, providing new growth opportunities. One of such technology that have the greatest potential on a long run is the blockchain technology.
While blockchain will not make your search engine experience any more exciting it can help you if you intend exploring search engines for a chance of making real money.
Most blockchain technicians are in the financial sector. There are people who believe that blockchain technology is Bitcoin which is not entirely correct. Bitcoin uses elements of blockchain technology to exist and function. What this means is you can have blockchain without Bitcoin but you cannot have Bitcoin without blockchain.
Bitcoin undoubtedly was the first cryptocurrency, but many of the current cryptocurrencies are one way or the other related to the financial industry. There is only a little or not enough attention to blockchain innovation beyond financial technology. But blockchain isn’t all about finance, right?
As an investor or speculator, you can take advantage of this golden opportunity and achieve good benefits with BitClave.
What is BitClave?
BitClave an evolving platform is a Decentralized search ecosystem which is developed with secure blockchain technology. BitClave uses the blockchain technology to eliminate ad service “middlemen” and provide a secure, decentralised, autonomous, and flexible platform to create a direct connection between business and customers.
On the BitClave Active Search Ecosystem (BASE), customers control their identity, decide who has access to their data, and are paid each time businesses use their data to make them offers. With BitClave, businesses have a direct relationship with customers and can offer a uniquely targeted promotion. With BitClave, an open search marketplace keeps prices fair, and elimination of intermediates brings all value to customers and businesses.
In order to accelerate the acquisition of basic knowledge about BitClave, you can look at their technical document (WHITEPAPER) explaining what BitClave is, the vision their company has and why it is the New Technology to Revolutionize Search Engines.
BitClave Inc
BitClave Inc is a Startup Company based in Mountain view, California, providing seamless customer rewards and payments solutions.
BitClave was founded in 2016 with the vision of reimagining the relationship between businesses and customers based on the trust and transparency of Smart Contracts. BitClave’s solution has the potential to disrupt one of the largest markets in the world, the ad network, which is currently monopolized by giant corporations and controlled by middlemen.
People and governments around the world have concerns over personal privacy. Much of this concern is attributable to the bait-and-switch model of "free services" dealing in privacy-invasive data mining practices.
These practices are justified due to the business economy they are purported to support, but instead contribute to a disjoint promotions and purchases continuum where businesses pay a high price for metrics with little correlation to direct sales while diverting significant resources from quality, loyalty, and value building.
One of the primary innovations that BitClave is focusing on is a distributed blockchain-based system, called the BitClave Active Search Ecosystem (BASE), where every participant in the BASE system is incentivised by Consumer Activity Tokens (CAT).
The initial vision for the BASE and CAT is based on Ethereum technology—an open source, blockchain-based, distributed computing platform which utilizes smart contracts. These cryptographically secure smart contracts are stateful applications stored in the Ethereum blockchain, fully capable of enforcing performance.
BitClave Consumer Activity Tokens (CAT)
Consumer Activity Token is the official name for the cryptocurrency that is developed as an incentive currency to reward participant in the BASE.
CAT tokens will be used to facilitate rewards within the system for a variety of services available in BASE. The CAT-based market puts power into the hands of businesses and consumers, instead of focusing power on large advertising companies that collect and profit from customer data surreptitiously. Customers and retailers can interact directly through transparent and consumer-authorized message posts and data bundles on the public blockchain, and additional parties can contribute as service providers by creating software capabilities such as data analytics that operate over the data contributed to the blockchain.
BASE solves a real problem for businesses and consumers. Businesses and customers are the main participants as they get most benefit in BASE. Other than business and consumers, in BASE there is a place for many other participants in roles of service providers, like Search Services, Ranking Services, Analytic Services that will benefit from BASE economics.
Why will BitClave succeed?
- Search Engine is becoming multi-billion dollar industry
The Search engine market is highly lucrative and is estimated at $547.37 billion while Global newspaper advertising expenditure in 2016 amounted to the sum of $56.14billion.
According to Statista, the spending on advertising worldwide is expected to reach almost $550 billion. With the largest investment coming from the region of America followed by Asia and Western Europe. In 2016 more than $190 billion was spent on advertising by USA with china being the second on the list, spending less.
With a 2015-2020 forecast of the global ad spending, Latin America is expected to account for 6.3% of the global ad spending while North America is expected to be the regional largest ad market in 2017 and 2018.
It has been predicted by Statista, that Asia Pacific will take over as the largest investors in Ad come 2019, hitting past $225 billion, while the North America ad market is predicted to incur $242.1 billion that same year. - BitClave Gives Tokens as Incentive for Participation
More and more people search the web more than ever before, and we aren’t talking about student alone. According to internetlivestats, Google now processes over 40,000 search queries every second on average, which translates to over 3.5 billion searches per day and 1.2 trillion searches per year worldwide. The global ad spending fee will grow dramatically over the next 20 years, most especially in region like America and Asia.
Search Engine has to be transformed and cryptocurrency is the only solution available with an undiscovered potential for the future of search engines and ads. Just imagine what would happen if you are being compensated with CAT for performing a search, providing your valuable data, and for your attention. This is what BitClave tends to achieve.
Funding your wallet with money will only take you nothing less than 90 seconds, you do not have to wait for a normal business working day like the case of normal standard bank transfer. BitClave has all the advantages of blockchain, such as fast transactions, secure payments, anonymity, and its currency cannot be inflated, etc. - BitClave brings about mobile commerce
BitClave is not just a cryptocurrency, its innovation is about evolving search engine experience by integrating blockchain into digital infrastructure. With BitClave virtual items (tokens) can be traded or redeemed for searching the web and providing your valuable data. - Strong team behind development and marketing
BitClave brings together experts from both the blockchain, security, payment and search engine industry. This partnership is vital. There is a saying that, In order to be successful, you don't just need knowledge, experience, and vision but instead you only need expertise in the area you are going to change. BitClave believes success is not just about a vision or good project, its more about performance and how the vision is being carried out.
BitClave CEO Alex Bessonov is a former Chief Security Officer of LG Electronics while their CTO is a professor at Carnegie Mellon University.
With the team in charge of BitClave, BitClave has a very good precondition for creating its vision in the long run.
BitClave Consumer Activity Tokens (CAT) price
Bitclave consumer active token will be out on sale by November. I suggest you read their whitepapers and buy/sell when some big news hit the ground.
Coin distribution
v Total tokens : 2,000,000,000
v Total tokens for sale: 1,000,000,000
v Token Price: $0.10
Token Purchase and CHI Redemption
To get started, visit BitClave token page, once you get to the page, click on the “Wallet” and you will be provided with a Login interface. If you are a new user then you can click on the “Sign up” option and Input your correct details before finally hitting the submit button. Once you’ve done that, follow the next instruction.
Final Conclusion
BitClave is 100% strong about the long-term international growth of Search Engine industry. BitClave is here with a unique solution that solves monetization problem for active searchers and businesses.
The biggest problem with financial technology (Fintech) is the regulation. All the rules and laws made by the government makes it difficult for ambitious companies like Monro, Ripple and even Bitcoin to thrive. The Search Engine industry has completely different rules, it has a real open space for development compared to financial technology (Fintech). Since we are still in the early stages of blockchain and the world of cryptocurrency, I’m confident that the most important results in the next 2 to 5 years will occur in the Search Engine industry instead of financial technology (Fintech).