SWIPE: DECENTRALIZING DATA TRADING
We are now in the era in which 99.9% of the society take mobile phone as an indispensible part of their lives. Mobile phone is a technology which has moved far beyond being used for the purpose of making calls to wide varieties of usage. These usages are being made possible due to the development of various applications used for different purposes.
Application Developers are of a very great importance in the technological world, their inventions are the lifeblood of technology. But it has been discovered that lack of transparency, trust, and fairness, has been the order of the day in this ecosystem. The relationship between developers and buyers of applications has been lacking these three attributes, and it is always at the detriment of the developers; they find it hard to effectively monetize their inventions, their data have always been utilized without their consent, there even exist intermediaries within the ecosystem whose activities exert negative effects on the ecosystem, etc. These and even the unorganized state of the ecosystem have led to the creation of the Swipe platform.
ABOUT SWIPE
Swipe is a blockchain based ecosystem developed to reform the data marketplace, especially the mobile application development. It has three main objectives which are:
- To enable developers efficiently monetize their inventions,
- To help developers know their customers and users better, and to develop a good relationship with them,
- Give rewards and incentives to app users, and also full control over their data.
SWIPE OPERATING PRINCIPLE
The platform operates on a decentralized mode backed with smart contract, this enhances transparency, trust and security within the ecosystem, with the elimination of the intermediaries who are disorganizing the ecosystem. It is developed with both on-chain and off-chain hybrid architectures. It also offers developers efficient SDK (Software Developing Kit).
WHY SWIPE?
Swipe enables developers directly enjoy their labour without the unfair activities of intermediaries, they will have full control over their, and users will also have seamless and convenient access to various app as they wish.
ADVANTAGES OF SWIPE
• There is transparency and full auditability of data; meaning that data will be used with full consent of the owner
• Every participants will be reward for data sharing and all engagements
• Developers will have access to effective and vibrant SDK.
• Large audience advertisement for apps is also made available on the platform.
SWIPE BRAIN
This is a data analytic platform in which stakeholders including developers, buyers and users have access to data trading with maximum transparency and trust; they can always access full audition of their data.
TOKEN
Swipe platform make use of the swipe token for users to access various functions like data purchase, advertisement, rewards, etc, which are available on the platform. All transactions are smart contract driven with maximum transparency.
CONCLUSION
An end has come to the disorganization and various unpleasant issues occurring in the data trading market due to the inception of this great project. Developers can now make maximum profit from the monetization of their data with 100% privacy, users and buyers can now enjoy their trading experiences at lower prices and with the attachment of rewards and incentives.
Stay updated with the project here;
Website: http://www.swipecrypto.com
Telegram: https://t.me/swipecrypto
Twitter: https://twitter.com/swipecrypto
Whitepaper: https://swipecrypto.com/docs/SWIPE_whitepaper_rev1.0.pdf
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@cryptoboss12, I'm interested in the same topic as you, let's spin it together. I signed on to you, I hope you'll sign up for me. Always glad to meet new people!