What was once a fantasy of the future is now a reality: But too often this data is not properly managed. Blockchain based share sales the big data economy continues to emerge, businesses have the opportunity to leverage data insights as a part of their growth strategy. Unfortunately, many small and medium enterprises SMEs lack the knowledge and resources to accomplish this themselves. These enterprises, while often having terabytes of data nestled away within their systems, have blockchain based share sales using it to inform strategic business decisions.
The startup company RepuX aims to address this inefficiency by creating a marketplace where data producers and acquirers can interact with one another. This will be achieved by connecting SMEs directly to developers through its distributed platform. By sharing data on the RepuX platform, enterprises can sell anonymized data sets to developers who can then utilize this data to build customized applications integrating artificial intelligence and machine learning.
These applications can then be sold blockchain based share sales to the SMEs, boosting their business decisions efforts. Users can earn blockchain based share sales for sharing data on a secure, decentralized network. The platform encrypts data and manages the integrity of the network through reputation scores determined by purchasers.
Because trust is a key feature of the blockchain model, RepuX through blockchain technology can overcome the lack of trust between blockchain based share sales actors in peer-to-peer networks.
Reputation incentivizes data sellers to be honest and provide the highest-quality data sets. Eliminating the need for trust between actors on networks is seen as a promising approach for reducing fraud. Through the development of the platform, RepuX is well positioned to bring value and innovation to large-scale data tied to machine learning, big data and artificial intelligence. RepuX is being developed by a team of plus people who have decades of experience in software development and enterprise software sales.
We then started working on a platform, which is now live. Prior to launching RepuX, Tybon spent 10 years in the Software-as-a-Service SaaS industry on the marketing, sales and product development sides, with 6 years of experience in ecommerce. He has extensive business knowledge in cryptocurrency, blockchain technology, warehousing, logistics, supply chain, ecommerce, inventory management and customer relationship management systems. With companies like Salesforce, Google Apps for Work and DeepMind already making inroads in the big data curation space, RepuX has embarked on a series of strategic moves designed to position itself for the future.
Most notably, in December blockchain based share sales, the company signed a contract with WorkHQ, a China-based inventory management software, which will potentially provide RepuX platform access to millions of SMEs in China.
Businesses utilizing WorkHQ to manage their inventory on Amazon, Shopify and other online platforms can now begin optimizing their data right away through this collaboration. This follows a presale that began on November 17 of last year and is scheduled to run through January This will allow cross-platform use of RepuX tokens, eliminating the need for blockchain based share sales and intermediaries across multiple industries.
These tokens can be purchased during the token campaign with a transfer of ether or bitcoin, as well as via wire transfer for the presale. To learn more about the project, visit repux.
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