IDA CHAIN "ASSET DIGITIZATION DATA ASSETIZATION"

kokowannabe (28)in #blockchain • 6 years ago

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Introduction

The twenty first century can be viewed as the dawn of a globalised know-how economy. Traditional commercial enterprise models and markets are bracing for varying stages of disruption from the maturation of swiftlyevolving statistics technologies. IDA is creating a facts ecosystem that integrates the actual and information economies, offering a whole digitisation solution that uses the Internet of Things (IoT), large data, and synthetic talent on a digitised asset public blockchain.

What is IDA Chain?

IDA Chain is the newest asset digitization platform built using Matrix AI Network’s underlying technology. IDA aims to build a platform that allows the digitization of the real economy, hence allowing for the connectivity and circulation of digital assets, an ecosystem that allows the exchange of all qualified real assets.

Vision for IDA

The asset digitisation platform of IDA is a global marketplace helping asset holders and investors to use tokenisation to convert and exchange digitised resources over the blockchain.

Asset holders can create and offer their own secondary tokens, thereby adding value to assets.
Consumers in the ecosystem can exchange asset tokens to transact across asset categories.
Ecosystem participants can potentially receive incentives through participating in transactions.

Asset Tokenisation on IDA Chain

IDA represents assets on their blockchain by a unique, unambiguous digital identifier — a ‘token’ — which can easily be made into a transferable smart asset. This allow IDA to offer much more possibilities other than just asset record keeping.

On IDA it is possible for tokens to represent anything that has been, and could be, considered a resource or asset. IDA Chain will be designed to handle traditional, physical assets, especially high value illiquid physical assets like real estate, precious stones, natural resources etc.

This provides great advantages, once an asset is tokenized on IDA Chain, it has an immutable digital record, one that can include where it came from and every single time it has changed hands. Having such an unbroken chain of origination and custody makes these assets easy to account for and validate. It is also possible to add metadata to it. This can be descriptions, images, video, insurance policies, almost anything of relevance. This makes the system not only transactional, but also a highly secure and informative network.

IOT technology will also be used to develop data tracking capabilities, partnering with Matrix AI Network, they will design resource management capabilities for the most extreme environmental conditions. Matrix will also be creating a digital supplier ecosystem. The ecosystem will support a network of value-added manufacturing services.

Global Economic Significance

At present, financial capital remains the primary driver of global economic growth, but this paradigm will be overtaken by the maturing digital economy. Digital assets will become the new driver of economic growth in this digitized network connected through blockchain, IoT, AI, and big data.

Optimal for Enterprises

This novel financing platform will optimize the allocation of resources by increasing the circulation of goods, and helping small and medium enterprises (SMEs) connect to financial and global markets. It will also help SMEs overcome common barriers to growth, including: inadequate financing, contracting markets and low asset liquidity.

Industry Impact

The IDA platform offers an effective channel to digitize assets, substantially reducing transaction costs, while providing a highly reliable system of credit. Thus creating a novel economic model to support the growth of small and medium enterprises.

Opportunities for Ecosystem Participants

The AI-powered blockchain solution at the core of the IDA platform offers participants a service enriched ecosystem for digitizing assets. As the volume of participants, assets and equity on the platform grows, the network value of the IDA ecosystem and the scope of opportunities for businesses to collaborate, will continue to increase.

Roadmap

2018 June

Laos timber assets enter the International Development Association scheme
IDA and MATRIX commence joint development of the International Development Association quality conversion public blockchain.
Sigfox provides International Development Association with world IoT technology solutions

2018 July

IDA report one.5 discharged in Chinese, English and Korean
Start building the world community

2018 August

Global roadshow
Complete token sale for establishing the muse

2018 Sept

Anticipate enlargement of world quality holders
Complete initial pledge of assets

2018 October

Establish the basecamp for Southeast Asian Timber

2018 November

Develop the International Development Association public chain Internet of Things infrastructure

2018 December

IDA on-line businessperson portal

2019 Jan

Launch the International Development Association blockchain research

2019 February

Launch the International Development Association digital media project

2019 March

Complete the International Development Association public blockchain Laos timber assets on the blockchain

2019 April

Completion of the International Development Association platform

2019 May

Development of VR/AR system

2019 June

Build the MRT marketplace
Establish East Asian flavorer drugs
Release of the cross-chain digital billfold

2019 July

Anticipate circulation of digitized assets tied to MRT getting into the International Development Association scheme
Anticipate 1-2 extra rare resource comes getting into the International Development Association scheme

2019 August

Completion of the VR/AR system

2019 Sept

Anticipate high-value digitized enterprise equities tied to MRT getting into the International Development Association scheme
The New industrial quality Economy Forum

2019 October