Review of the ARCS Platform

Introducing the Alre Platform

Alre simply put is an ecosystem that bridges the space between data banks and their users by providing the functionalities for data banks which they will easily operate upon effectively and transact with individuals and businesses with ease.

This is a blockchain based platform targeted at acquiring various sorts of personal data, adding value to the info , thereafter returning it to the user of those data. It’s of little question that these valuable data are going to be an efficient tool for marketers and advertisers so as to succeed in their targeted audience, hence promoting their businesses.

The next question you would possibly want to ask is how this platform intends to form this happen?

Users can input their information on the platform which they're going to be compensated for using the platform’s tokens, these information shall successively be stored within the data bank system which the system shall calculate hash values for every data and store in blockchain to make sure the safety of those data, and within the future, these data shall be monetized by the platform by allowing companies to integrate their businesses and applications with these data banks.

Other Benefits of the Alre Platform

Easy accessibility to P2P loans and investments

Provision of a replacement credit standard

Implementation of Decentralized digital Identities (DIDs) to their blockchain so as for users to assign attributes to their digital identity

Availability of wallet for ARCS (the platform’s native token), payment tokens and associated services which allows the users of the platform to transact with tokens and use them for other purposes

Alre also has the plans of assets tokenization which incorporates art, real estates and also security which may be exchanged in real time on the platform.

Below may be a demonstration of the ARCS token flow:

1.Users input file into the AIre data bank and receive ARCS as a gift .

2.Companies who wish to accumulate data from the info bank will first buy ARCS from an exchange.

3.Companies can then buy data from a knowledge bank with ARCS. At an equivalent time, users are going to be rewarded for his or her data and IFA will collect a commission fee for delivering the service.

4.Companies can utilize the info for his or her services and offer it to AIre users reciprocally for ARCS.

What’s Important is their Data Tampering Prevention Concept:

As mentioned above, AIre stakeholders can plan, develop, and use various services and applications by making use of the info that's managed and operated in data banks. At this point, user data must be “correctly” managed and operated. Here “correctly” means the info has not been changed, deleted, or viewed without the permission of its owner.

To solve these issues, AIre enables unified management of user data which allows for data to be used with consent and data rights protected. AIre ask the interface which may offer these services as a “next-generation bank” . subsequent generation bank may be a comprehensive digital wallet necessary for the approaching era of digital transformation.

ARCS (ARX) introduction

ARCS functions as native token in AIre ecosystem. AIre provides functionality for management and storage of varied data structures in “data banks”, which is actually a business to monetize data. Network participants can access and repose on Data Banks via custom build applications or directly through proprietary APIs. This provides a versatile framework that creates it easy for companies to create their business scenarios and applications with powerful insights from data analytics.

The project takes its root during a vision of bringing well-being to individuals round the world. ARCS aim to empower individuals with ownership of their own data and identity in order that they can harvest the worth it holds, rather than giving it away for free of charge . Individual ownership of knowledge and identity along side a network of knowledge banks will enable multiple business scenarios and solve a number of the world’s toughest problems e.g. personal data exchange, data monetization, financial inclusion, lending/funding, scoring and reputation, and privacy.

Token Specification:

Entity to issue tokens: IFA Co., Ltd.
Token name: ARCS
Token symbol: ARX
Total minted tokens: 20,000,000,000 (20 Billion)
Issuing schedule: Issue all tokens at once
Number of decimals: 18
Blockchain platform: Ethereum
Token standard: ERC20
Contract address: 0x20b1a8a9ca1c7302b7f774266c491c7b11622779

Meet The Team Behind this

Roadmap for ARCS

ARCS chose KUCOIN exchange

Kucoin is documented for his or her high level in security. They even have the very best score in Exchange rating sites also . And once we met the team face to face , they're very professional, honest and trustworthy. Also to not mention they need really high standards of technology.

Concluding our Brief Summary about the ARCS Token, which did it’s IEO on KuCoin.
We wish All the Very Best to the Project.

Current Price(July):
ARX/USDT: 0.29 (KuCoin)

For more information :

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: longgong
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2256713