ALRE: DATA MANAGEMENT SOLUTION VIA BLOCKCHAIN TECHNOLOGY

henrysparks (39)in #cryptocurrencies • 5 years ago

Since the advent of rapid technological advancemant the world has seen, the saying that "Information is Power is no Myth",there is virtually no one without a form of Digital Footprint on the interenet today,the more technology is being adopted the more of Information users give to Big corporations that develop technology and we've all come to the realisation that Inormations that we input into different servers (Data) is now being described as the "New Oil" peddled to the highest bidders
Consumers all over the world have displayed distrust due to the incessant spate of personal data breaches and theft that they've had to endure in the hands of Big corporation,according to surveys carried out in the USA last year shows that 55% of Americans report feeling dissapointed due to data intrusion while 49% of Americans report feeling worse due to personal data mismanagement. No sector of the world today that's not producing Data that's been banked and breached hence the need for true and efficient Data Management and Analytics.

Yippiee!!! ALRE
Hey before this article starts sounding like a "Doomsday Propechy", Data banking or pooling all that harmful,efficient Data banking and pooling for growth and development as to ascertain the needs and yearning of the said society
Business and even individuals need data to run and grow, data is needed for assesments,core sector development and even to determine technological needs, i can't over stress the need and dangers of data like they say "TOO MUCH OF EVERYTHING IS BAD"
Business,Governments and even individuals all need that but what's the way to access data hence the need for Data BANKS. Data Banks are basically places where data is traded for money

Generally Alre seeks to heighten the efficiency of Data Banks as to service businesses and individuals,transacting business seemlessly through three main tools;
a) Information Input
b) Information Storage
c) Information Utilization
All aided by the adoption of Blockchain technology and various Data storage hubs
Alre aims to effectively monetize Data transaction between the Data Banks and the users of the platform through the use of the ARCS digital currency making it a seemless venture,at the same time Alre would guard against Data intrusion or tampering and creation of a Hub or network where a plethora of transactions could go on unhindered.
As stated earlier the ARCS token is the life of the Alre ecosystem
ARCS token is an Erc20 token on the Ethereum Blockchain standard