ARCS:- Giving Users Full Control Of Their Data
Availability of a marketplace where organisation can purchase users data from reputable platform is the core reason for the existence of ARCS. On the platform, user's data can purchased or sold using the ARCS native token to ensure smooth and easy transaction between the parties involved. Overtime, centralised data collation has enriched pioneer companies in reaping users of their data and selling it off without their consent. In order to put an end to this, ARCS introduces a decentralized platform where users control their data and no one can have access to it without their consent, thus enabling users make money through data exchange.
Revolutionizing data bank with the top-notch technology of blockchain, ARCS has consecutively create a name for itself within the cryptoworld. The ARCS-chain aimed to improved how user's data are been used unjustly by building a bridge for quality projects to improve data collation globally, such that users will be given ARCS token as incentives whenever they register their data on the ARCS-chain platform as well as grant any company access to such data. To me, I think it's a win-win situation for the users. Rather having data on centralised platform, where is often used without consent or any form of incentives, I would rather have it registered with ARCS. To ensure smooth and effective transactions between buyers and sellers of data, ARCS-chain ensures that transaction charges are cut off. Also been data storage on a public block where everyone/anyone can see how data are be exchanged amongst clients, thus makes it very difficult to hack or data been sold/used by a third party without the exact user's consent.
It will interest you to know that the ARCS-Chain is built to also verify companies data to ensure that company owners are exactly who they claimed to be, which will further ensure transparency.
WHAT MAKES ARCS PLATFORM STAND OUT
Right to Data: ARCS create a platform to give full control to users in dealing with companies directly as they which and most importantly getting reward for granting access to their data.
Immutability: Been a decentralized platform built on the blockchain technology, all data and transactions are stored on the publicly block. Thus, everyone can see the dealings as data are been transacted. With this, there's no way data can be hacked or stolen without it been detected almost immediately.
User's Motivation: To captivate and win users, ARCS ensures that all registered users on the platform are been renumerated, which serves motivation for users to continually register with their real data.
Incubation period: IFA's Alre blockchain project will enter the incubation business, which is aimed to combine global trends with Japan's best trends. The incubation business will promote business matching, policy advice, as well as education.
ARCS FEATURES
These features give ARCS better edge over all competitors within the cryptoworld. Some of these features are:-
- High level of security and core implementation of Decentralized Digital Identity.
- Complete utilization of data, input as well as storage.
- Full usage of large accumulated data in the AIre platform.
- Good User Interface of the platform.
- Assets tokenization
- Creation of trust, transparency and value for users and companies.
ARCS-CHAIN TOKENS
To ensure smooth, flexible and free transactions within the platform, ARCS introduces her own token! The native token has ARX as it ticker. It is an ethereum based token, with a sole aim of been used on the platform to fulfill all form of transactions (rewards, incentives, purchases, sells e.t.c). The token details is thus:-
Token Details
Issuer: IFA Co., Ltd.
Token name: ARCS
Token symbol: ARX
Total circulation: 20 billion (20 billion)
Decimal places: 18
Block chain platform: Ethereum
Token standard: ERC20
Contract address: 0x20b1a8a9ca1c7302b7f774266c491c7b11622779
Kindly visit any of these channels for more info
WEBSITE:- https://www.arcs-chain.com
TWITTER: - https://twitter.com/ARCS_ARX
TELEGRAM:- https://t.me/ARCS_ARX_EN
MEDIUM:- https://medium.com/arcs-arx-official
BITCOINTALK: https://bitcointalk.org/index.php?topic=5244177.0
WHITE PAPER:- https://www.arcs-chain.com/whitepaper_en.pdf?v=20191122b
AUTHOR'S DETAIL
Author's Username: Bellaross
Forum URL: https://bitcointalk.org/index.php?action=profile;u=2819560