AI Systems “Eat” Data To Evolve

Fortune 1000 organizations know this, and thus they are allocating a significant amount of infrastructure to the collection of data. Machine learning specialists and AI engineers can then feed this data through a predictive analytics system and create data products that could give a company the edge required to stay on top of the market.

With the current data explosion, trying to make sense of it is just a natural step to take, however, small and medium companies rarely know how to use the data. They just prefer to resell it as a commodity to the larger corporations, not see that they could leverage this advantage in their favor and thus bring their business to a whole new level. With blockchain infrastructures like Ethereum, however, a bridge could be built to bring data engineers and data sellers together.

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The Repux network can monetize data for millions of users!

Using a state of the art blockchain infrastructure, Repux will give business the opportunity to sell anonymized data and earn Repux tokens in return. Developers and Machine Learning specialists have a one-stop shop for all their data needs as the data sold on Repux are trustworthy thanks to the distributed ledger infrastructure. AI-based apps can then be sold back to the corporations to create data-driven products and take better business decisions.

The tamper-proof nature of blockchain

Repux employs innovative blockchain systems that are highly resilient to any modifications to the distributed ledger system is append-only and it is enforced by a distributed computing power network. As the blockchain continuously grows with each added block, the network is further secured using cryptographical algorithms that cannot be broken by conventional computing means. Once recorded, any data or transaction cannot be modified retroactively without damaging the next blocks which require a consensus among the users of the network. Needless to say that the reduction of fraud rates will skyrocket, enabling the creation of never-before-possible applications.

The full Repux data cycle

Users access the Repux network via the application layers that are directly connected to the API system and RPX Value Layer that assesses the validity of the transactions. Once this barrier is passed, users will make use of decentralized data and logic layers like SIA, Storj for storage space and ETH EOS or other proprietary blockchains. Using this underlying development stack, developers will be able to create applications based on the data found on the Repux network. Some of the available data types would have to be the following:

• Advertising and Online metrics
• International commerce
• Credit scores and loans
• Healthcare data
• Archival databases

So if you got any data to sell or just want to see what sorts of data you can get your hands on, head over to Website, Bounty Thread/ANN Thread, Telegram group

The total supply of RepuX tokens is 500 million that will be sold during the ICO phases. The base price is equal to 0.20$ per token. The pre-sale opened in March 2018 and sold in 5 tranches. The early adopters will benefit from a 30% discount.