AIres - Developing the pathway to Data Banking and improved Data Security
AIres is a blockchain-based innovation that plans to proffer solution to the rising need for data management by creating an ecosystem focused on data banks and their users.
AIres was developed owing to the fact that the top data management and providers make it difficult for users to participate in it. AIres is characterized by top-notch functionalities for data banks so that they can operate efficiently and transact with corporate bodies and individuals.
There is also the need and cost for storing and managing which is currently on a constant rise globally.
What is AIres all about?
Alres refers to a proprietary blockchain for data banking infrastructure, created by IFA. AIres is basically a token which relies on the Ethereum platform. However, the operating situation of the Ethereum platform is about to reach its limitation, which has provoked alarm about its future prospects. Of course, there is still a great chance of improving the situation.
The purpose of this invention
The purpose of introducing AIres to the crypto ecosystem is due to these major challenges that are experienced in data storage.
• the exponential increase in data thereby requiring more capacities for their storage.
• the emerging need for more sophisticated data processing systems in the ecosystem.
• increase in leakages of customer’s data due to improper management of data and security.
How does AIres plan to solve these issues of data insecurity?
There is still an enormous opportunity for enhancing the condition. AIres intends to achieve this by developing measures to stave off tampering of data by using blockchain technology and interconnected data bank hubs. By so doing, it permits individuals to secure the rights to their data, including the values held by their data. The AIres system makes use of data banks which are the major systems for storing data.
In addition, AIres offers integrated user data management that is security intact. This idea fuses all the users that are on the platform via the use of blockchain to make available a full-pof security.
However, it also makes the whole process more efficient by using an AI (artificial intelligence) to ensure that data usage is fully optimized and ensure to designate tasks properly for adequate functioning.
Tokenization
The method through which AIres uses cryptocurrency blockchain is what makes it distinguished from others. It can be held in wallets that support the ERC-20 token standard and be traded on exchanges which list AIres. The price of the token is defined by the market circumstances.
However, it can be well-known for its flexibility on the blockchain for data owners, data banks and data users. Thereby granting users the ability to decide which platform best suits their need for safekeeping of their personal files, tasks as well as transactions with the AIres token.
Final Thought
The fact is that data banks are the core system for data storage in the crypto ecosystem. The idea behind this innovation speaks for itself. It is an incredibly powerful one indeed and as it is gradually being recognised and adopted the crypto ecosystem at large. Therefore users wouldn't have any fear of data tampering as AIres offers them a reliable option for data management and storage.
RELEVANT LINKS
WEBSITE:- https://www.arcs-chain.com
TWITTER: - https://twitter.com/ARCS_ARX
TELEGRAM:- https://t.me/ARCS_ARX_EN
MEDIUM:- https://medium.com/arcs-arx-official
BITCOINTALK: https://bitcointalk.org/index.php?topic=5244177.0
WHITE PAPER:- https://www.arcs-chain.com/whitepaper_en.pdf?v=20191122b
AUTHOR: OSASU
Btt Profile Link: https://bitcointalk.org/index.php?action=profile;u=2824283;sa=summary