ARCS (ARX) introduction:
Hello guys welcome to my crypto post where I'm talking about ARCS token. ARCS is a proprietary blockchain for data bank and infrastructure and developed by IFA. The blockchain is developed to this purity substrate in cooperation with state technologies. ARCS functions as native token in AIre ecosystem. AIre provides functionality for management and storage of various data structures in “data banks”, which is essentially a business to monetize data
About ARCS:
Issuer: IFA Co., Ltd.
Token Name: ARCS
Token Symbol: ARX
Total issues: 20,000,000,000 (20 Billion)
Decimal places: 18
Blockchain Platform: Ethereum
Token Standard: ERC20
Contract address : 0x20b1a8a9ca1c7302b7f774266c491c7b11622779
PROJECT FEATURE
The first, when users register their data, they will receive tokens as incentives. Second, Data just registered by a user can only be changed by the corresponding user. And the third one Users can always control which authority or corporations that will have access to their data force. Users can receive tokens as a reward for creating companies access to the data and the last one, blockchain will provide all these functions result compromising user experience.
To be more precise, users or companies will not have to pay transaction fees, and users or companies will be able to use normal web applications. Any User can succeeded in the prototype of ARCS chain and concluded technological replications of 1258 and five B using the prototypes. MCs chain has been developed as a public blockchain.
Therefore, since anyone can view the data on the blockchain, any fraud can be detected immediately. About one by conducting data registration and token distribution is paratis substrate runtime model, whenever users register, they will receive tokens this cannot be denied by anyone. And so users rights against their personal data will never get compromised about to the hash value of the registrated that is recorded on the blockchain.
Therefore, if the user data has been changed, consistency with the hash value of the blockchain cannot be obtained and said that tampering can be easily detected. Currently roll user data is stored in AIf as a back end server. As for five a and five B transaction sent by users and companies will additionally be signed by if he does things the user will not be directly transact with the blockchain. They don't need to worry about transaction fee and tenancy in the future.
ARCS TOKEN FLOW
1. The clients input data into the AIre data bank and receive ARCS as a reward.
2.Companies who wish to acquire data from the data bank will purchase ARCS from an exchanges.
3.Companies can then buy data from data bank with ARCS. And, users will be rewarded for their data.
4.Companies can utilize the data for their services and offer it to AIre users in return for ARCS.
TEAM MEMBER
HISTORICAL ROADMAP
FUTURE DEVELOPMENT
ARCS will not only issuing settlement tokens which have settlement ability, but also we will issue governance token, which commit to the management of the Alre world, and security tokens that fits regionality. ARCS will do their best to develop ARCS because it will contribute to the new world.
Website : https://www.arcs-chain.com/
Whitepaper : https://www.arcs-chain.com/whitepaper...
Twitter : https://twitter.com/ARCS_ARX
Telegram : https://t.me/ARCS_ARX_EN
Medium : https://medium.com/arcs-arx-official
Author Information
Username : highnayem34
Forum Profile : https://www.altcoinstalks.com/index.php?action=profile;u=74271
Wallet Address : 0x506FC089c8A6b280e8A5cEec33070866eCc72A95