RepuX is the world’s first decentralized marketplace for B2B data that securely connects SMEs with artificial intelligence (AI) developers. RepuX is using the blockchain to store and protect users’ sensitive information and business intelligence.
RepuX is a protocol level framework upon which various types of immutable data can be commoditised and exchanged between different corporate and individual user parties.
Combining multiple cutting edge decentralised technologies such as IPFS, Sia and Ethereum/EOS, along with a possible upgrade to a custom high-throughput blockchain.
By creating and allowing for value and data transfers directly between peers utilising the protocol, RepuX allows for the creation data sharing possibilities for individual and corporate user and aggregate data, which do not exist in the current marketplace.
This direct and rapid value transfer through the REPUX token will allow for the creation of value for data creators, including individuals and thereby eliminate the need for middlemen and intermediaries across multiple industries.
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.
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.
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.
RepuX VISION
Ous vision is to create a protocol which facilitates the monetization of data through efficient transfers between collectors, developers and users that will also allow the evaluation of data reliability and reputation over time. Through our RepuX Protocol, data collectors could transfer data to data users or to application developers in exchange for RepuX Tokens. Developers could build upon the RepuX Protocol, and use data transferred by collectors to generate products and services which could then be transferred to end users in various industries, in exchange for RepuX Tokens. With the RepuX Protocol, we hope to bring additional value to data.
How RepuX helps Ecommerce and International Trade go global? RepuX can add a certain trust and review system behind each transaction.
Why SMEs need RepuX? Here’s a very simple example: A developer could build an AI system that informs the seller when to restock inventory based on size, colour or design.
Token Structure
This Token Structure is based on a presale of 100,000,000 REPUX. This presale amount may be subjected to change due to demand and the token structure will be finalized at the end of the presale. Please look here for any changes:
Discount Rates
Team
FORE MORE VISIT :
White paper: https://repux.io/white-paper.html
Twitter : https://twitter.com/repu_x
Facebook: https://web.facebook.com/RepuX-415260768888793/?_rdc=1&_rdr
Telegram: https: //t.me/repuxicoDE
Reddit: https://www.reddit.com/r/RepuX/
Blog : https://blog.repux.io/
By: larrybabs
https://bitcointalk.org/index.php?action=profile;u=1249538