IPSX - Blockchain Powered IP Exchange
The IP address is a sequence of numbers that uniquely identifies each computer on the Internet. IP addresses can be used to track and identify hackers and malicious users. Search engines trace IP addresses and frequency of requests to reveal and block bots and crawlers. Media companies use information about IP origins to restrict access to their content for users from certain regions. For hackers, IP address is a target at which they can direct their attacks. There are many scenarios, in which we might think, that we need to use the different IP than our own. Like, IP located in a different country. Or IP traffic from which couldn't be traced back to me.
IPSX is a blockchain startup that addresses this concern by creating an open decentralized marketplace for IP addresses, using which anybody can offer their IP address for rent. So, what would be the typical area of application for rented IP addresses? For example, I might need to collect a massive amount of data from the search engines. It can be information necessary for training AI algorithms, SEO, or statistical research. Knowing about the proliferation of automated data harvesting bots on the Internet, search engines restrict access to their pages by limiting the number of requests that can be made from one IP in a specific amount of time. In this case, it would be handy to have a pool of IP addresses that can be rotated when making requests. Another reason for using a different IP address can be related to the concerns about privacy and security. Many people use VPNs, so their Internet traffic cannot be directly linked to their persona. It can also be the reasonable concern for people, who worry about hacker attacks. A different kind of problem that can be solved by IP address substitution is regional restrictions. Many content and media providers restrict access to part of their content for the IP addresses that originate from certain countries and regions. It might be convenient from the point of view of copyright protection, but it's not convenient at all for people who want to get access to the media content. By using IP address located in a specific country that doesn't fall under regional restrictions, I can successfully circumvent them.
Considering that different IP addresses can have different quality of the connection, IPSX uses a rating system to grade IP addresses, which, in turn, would define their price. The platform has a matching function that allows finding offers and client requests with matching terms and prices. The system of smart contracts guarantees that payments are not released if agreed quality standards are not met. The IP address rental period can vary from 5 seconds to a month, which can be convenient both for organizing IP pools and using rented IP for the regular internet connection. Technically the whole process is organized through client-server software and VPN connections that provide a link between IP lenders and their clients through IPSX platform. All the deals within the system are conducted using Ethereum Smart Contracts and platform-specific IPSX utility tokens.
To sum it up, IPSX IP Exchange can be very for VPN service providers, services organizing proxy pools, SEO specialists or anybody who need to harvest big amounts of data, users concerned about their privacy and security and so on.
Starting from February 28, 2018, IPSX will conduct a token sale. The number of IPSX tokens currently for sale is 303,529,411. The Token Sale Hard Cap is 10,800 ETH
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