A flexible & low-cost marketplace for renting large volume of IPs

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Recently, I came across an article in a magazine which stated that “Next generation economy will be driven by data and not oil anymore”. Seems to be an interesting prediction. Right? The demand for data is growing rapidly as many companies are investing a lot of money in data mining. What is data mining? It is basically a process of collecting a large volume of data from consumers and analyzing that to find patterns. You might have heard Artificial Intelligence(AI) and robots.

Large companies are trying to improve the customer service by using AI-based machines instead of humans.For example, you have a specific query related your bank account. What will you do? You will contact the customer care of the bank through email, chat or phone and it may take few hours to resolve your query. Just imagine that the bank is using a 24/7 AI based machine which can help the customers to get answers to their queries. Sounds great? Yes. Because it helps to resolve your queries irrespective of the time and location.

To develop and train such kind of AI-based machines, you need a large volume of data from different geographical locations. So, the company needs a large number of IP addresses for data mining. Where can they find such huge volume of IP addresses? Few geographic locations like the US, UK always have great demand and the companies need to spend more money for getting the IP addresses from those locations. For big companies, the high cost is not a great deal as they might have allocated a separate budget for data mining. What about for small-scale businesses?

IPSX provides an innovative solution for sharing the IPs through a transparent marketplace. It connects the providers and requesters through a secure P2P platform.Who are the providers and requesters? A provider is an individual or data center who shares the IP addresses on a rental basis. A requester may be an individual or data center who needs the IP addresses. For renting the IPs, a requester needs to pay IPSX tokens to the provider as it is the only payment mode available on the platform. IPSX tokens are special utility tokens based on Ethereum standard ERC20. To know more information about the pricing, availability, and sale of IPSX tokens, please visit https://ip.sx/.

IPSX platform offers great flexibility to the requesters as it places no restriction on the minimum time frame of the VPN connection. A requester can use the connection for 5 seconds to one month and they can make the payments only based on the usage. This feature resolves the problem of high subscription fees with the existing VPN providers. IPSX also offers the VPN providers to integrate their systems easily with their platform so that there will not be any shortage of IP addresses to them. Also, they can provide a large number of IP addresses for their clients to choose from. In a nutshell, IPSX provides equal benefits to both the provider and requester.

Do you want to know more about IPSX? Check out the Website, ANN and join the Telegram group.