Protecting your personal with Alre platform
AIre:
Using blockchain technology as a means of personal data protection.
In an era of fast paced technological advancements, issues related to control and use of personal data are taking centre stage. Personal data is often referred to as "the new oil of the internet and the new currency of the digital world”.
It can also be defined as any information relating to an identified or identifiable natural person, also referred to as a data subject. A natural person is identifiable if he or she directly or indirectly can be identified, in particular by reference to an identifier
Moreover, the distinction between public and personal data is often blurry, bringing the question:
who uses and controls our personal data?
We now spend much of our lives online, and our online activities from shopping to socialising, entertainment to information
searching and gathering have created an unprecedented number of data points. But these data bring risks. Once mined or breached, they reveal intimate details about our income, race, ethnicity, religion, and more. When governments opt to use these data for surveillance purposes, even when claimed to be for the public good, such data points can be used against us. Companies, meanwhile, can use this data in unethical or illegal ways, with impacts ranging from the relatively benign (such as unwanted ads) to the very harmful (unwarranted denial of credit or health insurance).
Over time, personal data has become increasingly fragmented across different services and often rests in databases without proper user consent. This leaves users without proper control of their data and, to some extent, their identity.
Why do we need AIre?
AIre solves the problem of inefficient data use. Currently, each company only stores and uses a portion of the information its users leave online. Therefore, a complete and accurate profile of users cannot be collected. Users generally have negative feedback on the current use of their data because the information and/or recommendations they receive as a result of it being used are often inaccurate.
Control over personal data is the right of individuals to determine what information about themselves is collected, to determine what information is made available to third parties, and to access and potentially correct their personal data. To solve these issues, AIre enables unified management of user data which allows for data to be used with consent and data rights protected.
Data protection is "a key solution to the problems raised by personal data processing technologies",and a remedy to challenges posed by these technologies that process, collect, use, store, transfer, disclose and destroy personal data. AIre utilizes this data to create new evaluation standards. In addition to ensuring compatibility with other participant companies on the AIre platform, AIre will take the initiative in handling new technologies and concepts regarding user data management to become a true “user sovereign” platform.
Privacy is a type of "control over personal information". AIre tokenizes valuables as security tokens through the data bank, such as stocks, real estate, art, etc., and makes payments/transfers using cryptocurrencies.
AIre uses blockchain as a second data store. To store data on a blockchain, it requires the consent from a majority of the nodes, or enterprises, constituting the blockchain network. For this reason, it is possible to prevent a small number of nodes from illegally editing the stored data. Once data is stored on the blockchain, it can never be changed or deleted in secret, since all change histories are stored onto the blockchain. Therefore, with blockchain it is possible to prevent data from being falsified
With the few Solutions presented above let's move to the wonderful platform that offers this solutions
The AIre platform
AIre is an ecosystem that revolves around data banks and it's users. It also provides functionality for data banks so that they can operate effectively and transact with businesses and individuals.It also includes a description of measures to prevent data tampering through using blockchain technology and interconnected data bank hubs.
what is blockchain?
Blockchain is a digital, immutable, distributed ledger that chronologically records transactions in near real time. The prerequisite for each subsequent transaction to be added to the ledger is the respective consensus of the network participants (called nodes), thereby creating a continuous mechanism of control regarding manipulation, errors, and data quality. It creates a digital ledger of transactions and thereby allowing to share it among a distributed network of computers and it also maintains a continuously-growing list of records generally called "blocks" which are secured from tampering and revision.
Let's check out the benefits of blockchain technology:
Near real time: Blockchain enables the near real-time settlement of recorded transactions, removing friction, and reducing risk.
No intermediary: Blockchain technology is based on cryptographic proof instead of trust, allowing any two parties to transact directly with each other without the need for a trusted third party.
Distributed ledger: The peer-to-peer distributed network records a public history of transactions. The blockchain is distributed and highly available. The blockchain does not typically preserve the identities of the parties or the transaction data, only the proof of the transaction existence.
Irreversibility & Immutability: The blockchain contains a certain and verifiable record of every single transaction ever made. This prevents past blocks from being altered and in turn stops double spending, fraud, abuse, and manipulation of transactions.
Smart Contracts: Stored procedures executed in a Blockchain to process pre-defined business steps and execute a commercially/legally enforceable transaction without involvement of an intermediary.
Our vision and mission:
We visualize empowering individuals through the rights to their data and the value their data holds. The ecosystem will include participants of many kinds, ranging from individuals to large data corporations. Participants will be able to transact with each other, protected by the “rule of code” enforced with smart contracts deployed onto a blockchain network. This enables businesses to buy and sell data while being compliant with personal data regulations, ultimately improving their data analytics capabilities and deriving meaningful insights. Individuals who provide information to data banks will be protected by a high level of privacy and receive rewards based on inputting data and it being used. Buying and selling data is increasingly becoming a major part of our lives, Aire’s proposed ecosystem will make buying and selling data an integrated part of our lives whilst ensuring privacy and fair distribution of data trade.
Our Functionalities
We source for information, store it and utilize it so our users can just manage their data on one integrated network. Let's begin with
Information input:
Basic information such as gender and addresses, answers from questionnaires, text from blogs, and links to social media accounts can be input be users and in turn, they will receive tokens as incentives based on the information inputs and frequency of utilization.AIre is designed to handle high throughput and complex data structures from emerging technologies such as IoT and artificial intelligence with the consent of the user, including location data from smartphones, healthcare data from smartwatches, as well as payments and web browsing history.
Information storage:
After we've received this information given by the user we would then store it in the data bank system. And to preserve the integrity of the data the system will automatically calculate hash values for the data and store it in on a blockchain. This allows anyone with the data to verify
whether or not it has been tampered with.
Information utilization:
Proprietary AIre APIs allow companies to integrate their businesses and applications with data banks or even offer their own data bank services. The ecosystem will allow technologies to handle different business scenarios, such as implementation of W3C DID standards, or reputation and scoring system frameworks. The network keeps an immutable record of which participants have been granted access to which data and subsequently which rewards have been distributed to which data providers.
Our Benefits
To users: Rewards will be distributed to users based on the volume, type and quality they store on the platform and it will be distributed each time a new data is input. Thereby, motivating users to input more useful data into the data bank. Rewards come as payment tokens which can be used as a payment method when using AIre service applications provided by third parties.
Third parties can acquire data from the data bank to drive their analytics. The data bank will be a cheaper alternative to traditional data aggregators and fully compliant since users give consent and are rewarded.
IFA will collect fees from third parties when they access user data in data banks. To attract more third parties to use the data bank infrastructure, it is necessary to collect more extensive user data. Therefore, by distributing tokens to users as an incentive, users are incentivized to input more information.
Our Token Economics
Arc Token
ARCS is the native token of AIre. It can be held in wallets that support the ERC-20 token standard and be traded on exchanges which list ARCS. It will fluctuate according to market conditions. And a wallet will be developed specifically for "ARCS" where payment tokens, and associated services, that will enable users to transact with tokens in the ecosystem and use tokens for meaningful purposes.
Benefits:
Incentives for users:
Many internet users feel uncomfortable when providing personal data to services due to the recent public knowledge of large corporations misusing personal data. AIre incentivizes users for the information they provide, which is expected to lower resistance to storing personal data.
Use of the Alre services:
The token economy is designed to expand the ecosystem organically since participants will receive unique benefits from using the ARCS token as opposed to fiat currencies. The core value of AIre is the data which the data banks hold and ARCS is the global network currency which data buyers can use to buy data with.
Crypto Asset AIre will develop a wallet specifically for ARCS, payment tokens, and associated services. This product will enable user to transact with tokens in the ecosystem and use tokens for meaningful purposes instead of holding them purely for speculation. This is a step towards the establishment of a next generation bank.
Our team
Our Roadmap
July 2017
AIre concept born
Research begins
April 2018
AIre project starts
October 2018
Satellite office established in Crypto Valley, Zug, Switzerland.
March 2019
AIre VOICE opens
Business alliance with Obyte announced
June 2019
AIre VOICE wins at WBF 2019 Innovative Media Top 10
September 2019
AIre concept announced for the first time at FINSUM
Participation in Blockchain Live 2019 in London, UK
Participation in Korea Blockchain Week, Seoul, Korea
October 2019
Participation in Delta Summit, Malta
Participation in Blockchain Life, Moscow, Russia
November 2019
White paper released
December 2019
Scheduled exchange listing
April 2020
AIre beta version scheduled for release
October 2020
ARCS consortium announcement
Throughout 2020
Original chain announcements
Final Words
While the ARCS aims to be a platform for investment activities, since it is not at a state where undetermined persons can freely buy and sell within the current scope of the plan, this shall not be considered as a “cryptocurrency” according to Japanese law, and we believe that it does not conflict with acts on settlement, financial instruments and exchange laws, or any other law since there are no direct dividends or the distribution of
revenue. Moreover, if a possibility of a conflict with any laws were to arise due to changes in the regulatory environment, the necessary action shall be taken swiftly.
Reference
Author: Lordrift
Great project
ReplyDeleteThanks dear
DeleteSound cool... Will look it up.
ReplyDeleteThanks a lot buddy
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