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Learning & News => News related to Crypto => Articles about Cryptocurrency => Topic started by: Goodcat49 on March 05, 2018, 05:20:52 PM
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Blockchain-based AI and big data business apps protocol RepuX has announced a general token sale to launch on March 6th, 2018 at 2pm UTC. Currently in the midst of a pre-sale that will run up to its general sale, RepuX aims to create a secure and transparent marketplace for live business data.
Facilitating the Monetization of Data
The RepuX blockchain-based platform will target businesses, particularly small and medium enterprises (SMEs), helping them to build business apps and solutions by sharing data over a decentralized network.
Recognizing the challenges faced by SMEs lacking the resources to implement ideas and finding an optimal way to utilize the huge amount of data gathered, RepuX hopes to facilitate this process, resulting in relevant business decisions, while giving developers a platform to develop AI and machine learning apps, while locating customers who are interested in purchasing the data they generate.
Via RepuX, SMEs can upload all the data amassed and list their potential use cases, all purchasable by interested consumers. SMEs will earn incentives for sharing this data, which is encrypted and maintained on the RepuX platform. Purchasers will also rate providers, building a reputation score that will determine and maintain the quality of data available on the marketplace. Over time, this reputation score will also allow for the evaluation of the data’s reliability and consistency in reputation.
This blockchain-enabled ecosystem of data sharing and exchange is seen to benefit a wide range of industries including e-commerce, micro lending, even health care and many more.
With a recent integration with Bancor, RepuX will also be able to provide instant liquidity for the 30,000 token buyers expected to participate in its public token sale.
Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/repux-launches-token-sale/
(https://coinidol.com/upload/resize_cache/iblock/eda/900_900_1/edab665224455475aa05bc8b9b292497.jpg)