REPUX: RESOLVING REDEFINING AND DECENTRALIZING BIG DATA PROBLEM !!

Introduction:

A famous quote by Douglas Merrill goes like "With too little data, you won't be able to make any conclusions that you trust. With loads of data you will find relationships that aren't real… Big data isn't about bits, it's about talent."This simple yet powerful line delivers the message loud and clear that data is the most valuable commodity known of in this corporate world. You can have data without information, but you cannot have information without data. The goal is to turn data into information, and information into insight.

Needless to say that today when the major economies and the corporate world consider data as their backbone, backing up of data is crucial when it comes to its protection and usage. Data is the most critical resources that we possess and it is critical to keep it protected and from falling in wrong hands. Prevention of data hacking has been one of the tedious jobs in the online world, and a robust and solid solution for safeguarding our data is of paramount importance. To counter this mammoth problem, RepuX has emerged as a savior and one stop solution, with distant vision and great opportunities.

What exactly is RepuX and what does it do?

RepuX is a multilayered framework of protocol level. A noble idea and a worthy platform which projects to monetize the data of corporate world and its users. RepuX is a platform which amps up the creation of an efficiently decentralized marketplace which is suitable for data and information. Repux team plans to construct a high-quality system where data can be shared between developers, users, and collectors. We cannot close our eyes on the fact that a few mouse clicks here and there and a few alteration in the numbers can mess with the accuracy of data readout permanently. Therefore it's been a temptation with hackers and online fraudsters to manipulate with it and as a result it has dented and ravaged the data industry mercilessly.

But in such dark scenario Rupex stands tall, ensures the elimination of any middleman involvement, and safeguards sensitive data readout files from reaching any compromised locations. Instead, data transfers and sales transactions are done directly, through a Peer-to-Peer connection. The only people privileged to access these sensitive data are the data owner and the client.

This platform boasts of very advanced and agile cutting edge decentralized technologies such as IPFS, Sia and Ethereum/EOS, mixed with a possible upgrade to a custom high-throughput block-chain. With the help of RepuX Protocol, data collectors could transfer data to application developers and data users while exchanging the RepuX Token in return.

RepuX : Aims & objectives

• It aims at developing a simple secure and user-friendly interface.
• RepuX operates on blockchain technology and ensures effective and simple output for the problems.
• As a result of clutter free designing and development, it boasts of swift action great working speed, easy maneuverability and scalability.
• To develop and maintain hack free transaction and its records under the RepuX token.
• It even aims at developing a highly efficient system, in which data can be monetised between users, developers & collectors.

Technological aspect of REPUX :

This technology is a framework of multilayered level protocol .On the blueprint analysis it showed these four layers of innovative entities:

• APPLICATION LAYER : It basically constitutes of multiple decentralized applications, enabling any outside engineer to furbish their own application over the current Repux API application.
• DATA LAYER: It incorporates all the data that can be accessed, acquired and sold in the protocol. This specific layer per se ensures the security of the data which is in fluxed or sent from Repux.
• DECENTRALIZED LOGIC LAYER : This layer enables the exchanges to have an impact in the data layer.
• VALUE LAYER : This layer maintains and supports the above layers and keeps the points of interest of the values of the token and the payments done by clients. This layer also takes care of the token exchange done in a proper way.

REPUX ICO Details And Token Sale:

Repux's ICO started with a pre-sale on November 17. The pre-sale is planned to last until January 23, 2018. The original token sale is booked for February 6 to March 9, 2018.

There's an aggregate supply of 100,000,000 REPUX tokens. 20% of tokens are dispensed for the pre-deal. 30% are held for the ICO. The rest of the tokens are part between the rewards pool (10%), establishing a group (12%, with a 3 year vesting period), ambassadors (3%), and ICO bounties (2%). The last bit will be sold on the platform (23%).

Repux has set a hard top of $33.1 million USD for the token sale. All tokens will be circulated to investors on April 10, 2018.

Tokens are valued at a rate of $0.10 on the pre-sale, ascending to $0.14 to $20 during the primary crowdsale.

Concluding Remarks:

The RepuX Protocol currently is the need of the moment, with amazingly great abilities of eliminating the "digital divide" that persists between the users having easy access to machine learning datasets and those aren't having this facility.RepuX protocol plays an important and pivotal role in helping the enterprises for exchanging their data which holds terabytes of space in the most efficient way so neither a data is manipulated nor the data are misplaced.It also projects in helping designers to get more trustworthy and usable data from renowned organizations at cost effective rates. On a personal note, if you really want to explore the Repux Foundation opportunities and participate in the token sale, then subscribe for news and get the latest updates not to miss the most important ones.

More Details on:

Website: https://repux.io/
ANN Thread: https://bitcointalk.org/index.php?topic=2613666.new
Bounty Thread: https://bitcointalk.org/index.php?topic=2646302.0
Telegram: https://t.me/repuxicoEN

Blog by : Lanirm Knayam
BTT Profile: https://bitcointalk.org/index.php?action=profile;u=1308391