Imagine , you are a private firm and, of course, you need new clients. Where to find them? You can ask for free help in eCommerce, Social networks, Media content. But it is not effective at all.
The main problem in obtaining really important information is to find the right data provider that can really benefit. But the immaturity of the market, the lack of standards for collecting and providing information, the need to integrate separately with each of the data providers, significantly inhibit the desire to work in this direction. And the attempts to buy ready-made audience profiles can be completely useless because of the different views on the classification and other hidden points.

Here is solution - platform RepuX which allows you to exchange large amounts of corporate information between the small and medium business without intermediaries. The platform is created with the help of blockchain technology and has a high capacity.

RepuX will help to monetize unutilized data.

Small and medium-sized enterprises produce large data amounts that remain unused. The developers need this information to train the artificial intelligence system.
Unlike the digital industry giants such as Facebook, Google or Amazon, small companies don't have direct access to large corporate data. In order to obtain statistical information, they have to contact and rely on the task force. The collection of such data is time-consuming, as small companies don't have effective mechanisms for collecting and processing information. For these purposes, companies need to turn to specialized services that provide this data.

Repux supplies data for manufacturers of products and services

SMEs share information with developers and other interested companies, receiving reward in the form of RepuX tokens. The blockchain manages the data reputation to improve the quality of the information provided, which will help developers to optimize machine learning algorithms.
RepuX will enable SMEs to compete with industry leaders and improve the quality of services for their customers. Examples of platform use :

• selling information about user activity;
• using and selling of institution data for developers on transparent terms and without intermediaries;
• reducing developers ' costs of collecting and processing statistics;
• accelerated data integration and, as a result, accelerated implementation of innovative technologies.

How the system Repux works?

Short video about the RepuX blockchain protocol

Data exchange takes place in three simple steps:

• The company put up for sale corporate data and get RepuX tokens.
• Upon completion of transactions, reputation is considered and assigned a rating, which allows user to filter the quality information.
• Developers produce and sell solutions based on AI to other companies to optimize their business models.

Monetization of corporate data. How to use RPX tokens.

RepuX tokens are issued on the ethereum blockchain and are compatible with the ERC-20 standard. Token holders will be able to acquire the necessary data from vendors and receive payment from SMEs for the use of their data. Effecting transactions through the platform RepuX, the company will improve reputation under the protocol.
Disputes shall be resolved using the Oracle system by vote. Another token feature is the ability to develop applications on top of RepuX protocol.

ICO details.

RepuX is now conducting ICO with the aim to reach a broad audience of SMEs and developers, requiring data for the optimization algorithms AI. Token sale started on the website on March 6, 2018 and will last until April 5. 30,000,000 tokens are available for purchase at the price of 1 REPUX = 0,20 USD. BTC, ETH and USD are accepted methods of payment. For early investors there are bonuses-50% from the start of sales. The discount is reduced by 5% every 6 days.
Soft cap is $1 million
Hard cap - $ 33.1 million

Conclusion

90% of the information collected by the companies remains unused and RepuX platform will allow to sell these data, providing SMEs with additional profit. Monetization of data can be a major source of income for small businesses. According to experts, the amount of data in 2025 will be 180 Zettabytes.
Repux already has a working product and aims to win the global information market, 95% of which are small and medium-sized businesses.

If you liked this article, please, click upvote and follow the links below to find more information about Repux project. Don't forget to join telegram and put questions.

Thank you for your attention!

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