The Repux token (crypto-currency) is the medium of exchange and the only way to transact on the marketplace
The marketplace is live unlike most token sales that launch with just a whitepaper! The companies represent a reach of millions of SMEs.
According to the World Economic Forum, SMEs represent over 95% of firms, account for 70% of employment and contribute 53% of GDP globally.
Per the Harvard Business Review, individually, most SMEs don’t have enough data or expertise to take advantage of AI. A marketplace like Repux helps them better compete with the big boys.
The Economist also stated that China is leapfrogging the US in AI due to its 4x larger population that produces much more mobile data. Repux could become to data what Alibaba is to commerce.
Marketplaces like Repux tend to have winner take most/all effects so founders and early adopters can capture a good chunk of the value created. We have a head start!
Through RepuX, the Smithsonian Institution would be able to securely license its robust databases of image, text and other records to a vast market of trusted museum data collectors. Alternately, RepuX could provide an efficient and transparent market for the purchase and sale of handwritten text data, used for text-recognition AI applications.
Through the blockchain’s distributed database architecture, we have created a cryptographically secure and frictionless platform that enables data to be monetized and exchanged between trusted parties. RepuX resolves the disconnect in the enterprise data economy: the inability of enterprises to securely share siloed business analytics with AI and machine learning developers.
As the Fourth Industrial Revolution accelerates the adoption of AI and IoT technologies, data has become the most valuable currency in the world. Powered by Ethereum blockchain 2.0 technology, RepuX is bringing the awesome potential of open innovation and collaborative marketplaces to enterprise clients by disintegrating data silos and activating new streams of growth.
OP - Operations silos | OUT - Outreach silos | TECH - Technology silos
Smart Contracts agreement between two parties, data provider and Subject Matter Expert to deliver insights, work on data
Instant access to up-to-date data to feed machine learning models on a daily basis
Solving issues between parties done by the community members (instead of RepuX team)
Over 10 years of experience working as Business Analyst in projects for banking, public administration and telco sectors. Worked for national census data analyzing, processing and reporting. Big Data enthusiast having in-depth knowledge of Business intelligence and Data Warehouse systems.
With over 15 years in technology experience and a Bachelor’s in Communication, William has developed a strong passion for community development, fintech, blockchain and philanthropy. His focus is to bring people and technology together for the greater good of humanity, and believes that blockchain has the power to carry that out.