RepuX (PreICO) Blockchain-powered Data Marketplace

7.8 Total Score
START: 17. Nov - END: 27. Jan

RepuX unlocks the untapped value trapped within this disconnect by allowing SMEs to upload data and list potential use cases. Developers are then able to purchase the data to create customized applications which they can then sell back to SMEs. The RepuX platform anonymizes data and maintains quality through reputation scores determined by purchasers.

Team
8
Vision
8
Product
7.5
User Rating: 5 (1 votes)

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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

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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CaptainAltcoin's writers and guest post authors may or may not have a vested interest in any of the mentioned projects and businesses. None of the content on CaptainAltcoin is investment advice nor is it a replacement for advice from a certified financial planner. The views expressed in this article are those of the author and do not necessarily reflect the official policy or position of CaptainAltcoin.com

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