The problem Enterprises have terabytes of data stored within their systems and have trouble using this for better business decision making or improved business efficiencies. Developers lack data to develop machine learning and artificial intelligence solutions and most importantly enterprise customers to sell back to. There’s a lot of value trapped within this disconnect.
The solution RepuX is a protocol level framework upon which various types of corporate and user data can be monetized and exchanged between different parties. Combining multiple cutting edge decentralized technologies such as IPFS, Sia and Ethereum/EOS, along with a possible upgrade to a custom high-throughput block-chain, RepuX allows the creation of a highly decentralized marketplace for data and information.
Technology An API will enable these marketplaces to be developed by 3rd parties to suit their specific niche. By conducting value and data transfers directly between peers in the protocol, RepuX allows the creation of various B2B (business to business) data sharing possibilities for excess user and corporate aggregate data, that does not exist in the current market. This direct and rapid value transfer through the RepuX token will eliminate the need for middlemen and intermediaries across multiple industries. With machine learning, big data and AI becoming more reliant on large-scale aggregate data, RepuX is well poised to take advantage of this and drive innovation in these respective fields.
How it works By optionally allocating a reputation behind each entity and each transaction, and verified by an oracle system, we can ensure an integrity within the protocol and allow actors greater confidence in not only the presence but also quality of the data they are purchasing. With the RepuX, we hope to bring back value to user data.
Developers Developers would be able to purchase and receive access to company data securely in real time to create decentralised applications. This would be available in a restful api across similar company and data types. They can preview the data, subscribe to it and even choose specific companies or across the industry. Afterwards, their applications, algorithms can then be listed with RepuX and sold back to companies with RepuX Tokens. Data access will have different permissions associated with it and developers/companies can develop a reputation over a period of transactions to safeguard the community.
Marcin Welner – Management Team
Aleksandra Staszewska – Product Team
Tomasz Tybon – Management Team
Daniel Kmak – Dev Team
Przemysław Kocznur – Dev Team
Krzysztof Durałek – Dev Team
Dawid Rashid – Dev Team
Taras Bazyshyn – Dev Team
Rafał Książek – Dev Team
Damian Babula – Dev Team
Pierre Benezech – Dev Team
- Symbol: REPUX
- Token sale opening date: 6. Feb 2018 in a month
- Token sale closing date: 9. Mar 2018 in 3 months
- Concept: RepuX is launching a decentralized, Ethereum-backed platform for SMEs to upload and sell data to other users on the network.
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- July 2017: $400,000 Seed funding
- September 2017: On-board advisers from the industry
- October 2017: RepuX Foundation established
- November 2017: – Major distribution announcement via business partner – Code audit- Speaking at Blockchain Expo
- December 2017: – RepuX Protocol Live – Attending Blockshow Asia
- February 2018: – Token sale
- March 2018: – Token sale audit
- April 2018: – RepuX Protocol open for developers
- June 2018: – RepuX Platform Allowing for Decentralized Enterprise Applications
RepuX’s blockchain-backed platform enables Small and Medium Enterprises (SMEs) to capitalize on business solutions via the data sharing network. Our rating for this ICO is 7.8 out of 10.0.
Don’t forget to check out our initial coin offering list here.
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