The Repux token (crypto-currency) is the medium of exchange and the only way to transact on the marketplace
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)