AIRE : A WELL-BEING IMPROVEMENT PROJECT ON THE BLOCKCHAIN

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INTRODUCTION

There have been so many platform which exist to fix other aspects of human lives but we haven't seen one to penetrate beyond just finance to make sure users get the best kind of life full of security, privacy and respect. This project, AIre, has a mission of empowering people through their data while making them understand and able to decide how their data are used by corporations who solely depend on them for their businesses. So, not only individuals would make up this ecosystem, we would also have legal bodies and large data corporation to form a part of the system.

THE AIRE PLATFORM AND ITS VISION

AIre gives individuals an opportunity to transact with other participants in the ecosystem with the best rule of code, their activities are also guided by smart contracts on the blockchain thus making data a common commodity to be exchanged between them. It supports the buying and selling of data while putting data regulations to consideration. Individuals in it have their privacies protected even as they provide data to the data banks and making them get the rewards they deserve. Through AIre, the trading of data would become the new order of the day while it would be responsible for it's fair distribution and trading on the blockchain.

PROBLEMS TO BE SOLVED

There have been so many databases with users data being used without appropriate consent of individuals. Usually, users have been so inordinate and careless as to the proper regulations and conducts of the usage of data which is quite not appropriate. Even though there was a provision to address that, the GDPR which is the European General Data Protection Regulation, despite their involvement, many corporations were not still able to address the problem well. There is also lack of monetizing of this resource, majorly because owners don't know how valuable their data are. Nonetheless, many data banks have leveraged on this ignorance to make profit off people's data without the distribution of profit to them. These are quite challenging especially to the users but now AIre has specific solutions that will help.

HOW AIRE WORKS?

AIre makes data available and used with the user's consent. This is different from the way many companies have usually taken what information the users put online and not what they give. The difference here will be that users would be able to give out their accurate profiles and also have their data rights protected. This solution makes user's data useful in so many ways especially in the digital network.

CONCLUSION

AIre already has it all in control with all the basic solutions and information users need for effective and efficient use of data. Now it has the perfect way of providing all the services through a wallet which serves as the next generation bank. All service providers can work together and ensure that services are provided from one single wallet that has been provided. This will be effective to handle payments operations and other future use of the token.

USEFUL LINKS
Website: https://www.arcs-chain.com/
Whitepaper: https://www.arcs-chain.com/whitepaper_en.pdf?v=20191122b
Telegram: https://t.me/ARCS_ARX_EN
Twitter: https://twitter.com/ARCS_ARX
Medium: https://medium.com/arcs-arx-official

AUTHOR'S DETAILS
Bitcointalk Username: Goldada
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2659339