RepuX - Decentralized Platform For Market Data

RepuX: Decentralized Platform For Market Data - Hi all, warm greetings! on this occasion we are talking about one project called RepuX. RepuX is a platform with multilevel framework that is expected to keep various types of data unchangeable and can be communicated and can also be exchanged with various companies and users who are individual. With some decentralized technologies like IPFS, SIA and Ethreal / EOS. Simultaneously, it is expected to be expanded to a more custom block level for features through through at high speeds and creating and transferring data directly between peers of peers using the protocol.

RepuX enables the sharing of data created for individual, corporate and combined data users that were not existing in the market today. This can take place quickly because through the RepuX token will allow the creation of more value for the data maker. The meaning of the individual and in such a way the need for intermediaries in the process of data exchange can be eliminated, so the process of data exchange a step more effective than the present.

RepuX is a market designed in such a way that allows small and medium businesses to sell their anonymous data to developers.


Process

Here is the process from RepuX itself:
  • The businessman makes anonymous sales of his data to obtain a Repux token.
  • The developer then buys data to train learning machine alogryma.
  • The developer then sells the intelligent application of the anonymous data processing to the company for the better performance of the company.

Vision

With the vision of creating a protocol that can facilitate the monetization of data through efficient transfer to collectors. developers and end-users. as well as enabling evaluation of reliability and reputation of data over time through the RepuX protocol. Data collectors can transfer data to a data user or to an app developer in exchange for a RepuX token. so will the app developer get the RepuX token from the app successfully developed and successfully sold to the company in need. With this platform is expected to provide added value to the data itself.

Goal of RepuX

The objective of Project RepuX is to anticipate that data monetization is predicted to be the main source of income for individuals and future entities, estimated the world will generate 180 zettabytes of data by 2025, rising by approximately 10 zettabytes compared to 2015.

The goals and objectives for the Repux protocol are as follows:
  • To develop a high Throghput system where data can be directly monetized between collector, developer and user.
  • To build a transaction infrastructure with a secure reputation. RepuX tokens allow users to apply semi-permanent records in shared transactions.
  • To develop an easy-to-use application programming interface (API standard) that allows developers to build the RepuX protocol to produce different applications as needed.
  • To maintain scalability and speed as a top priority in addition to the design and development of the RepuX protocol.
  • To integrate the RepuX protocol with existing blockchain technology while building customized solutions in selected cases.
Basically it can be concluded the goal is to build a secure data transfer protocol, reliable, and integrated with various different applications developed by third parties and used by various industries with different fields of course.


Token RepuX and Token Sale Program

Token RepuX is the core of any of these projects, where the RepuX token is the only means of payment accepted to use this platform. As for that from the data vendors, developers, and the company as a user application that has been developed.

Presale Token RepuX itself will commence on 17 November 2017 until 23 January 2018.

The main token sales will take place from 06 February 2018 to 9 March 2018. And this period will continue to reach the sales target of $ 33.1 million.

In RepuX token sales, payment instruments received are Ethereum and Bitcoin or with wire transfers with a minimum purchase of $ 100.

Full details on Token RepuX:

» Token Symbol: REPUX
» Total Supply: 500,000,000 REPUX
» Price token: $ 0.2
» Dates for major sales program: 06 February - 09 March 2018
» Hardcap: 33,100,000 USD
» Softcap: 1,000,000 USD
» Payment system through: ETH, BTC, XBT and USD

Wallet supported for RepuX token sale program are: MyEtherwallet, Mist-Ethereum, Metamask, Parity, ImToken, Ledger, Trezor, and others.


Conclusions & Official References

Well that's a glimpse of a great project called RepuX. In conclusion, RepuX is a protocol level framework upon which various types of corporate and user data can be monetized and exchanged between different parties. RepuX allows the creation of a highly decentralized marketplace for data and information.
To find out more, please visit some of the official links below:

Website: https://repux.io/
Telegram: https://t.me/repuxicoEN
Ann Thread: https://bitcointalk.org/index.php?topic=2613666.new
Bounty Thread: https://bitcointalk.org/index.php?topic=2646302.0
Author/Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1204015

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