May 1 2020
Embracing The Shifting interest: Cowrium Project Application, Roadmap, and Cowrie Coins
Have you heard about blockchain, cryptocurrency, or digital investment? If you are here, highly possible you are interested and know (even a little) about this term. However, it is a truth that not many people are interested in and know about this. Embracing those problems, Cowrium decides to use all kind of ways to make a blockchain platform which is friendly for SMEs business owner. How they do that? Check this review of this cryptocurrency project.
The Shifting Technologies, Market And Currency
The actual purpose of the Cowrium project is to give an easy one of a kind cryptocurrency platform that user friendly for all kinds of users. In this case including those who never step their leg in the crypto train. However, before we go further about the project, let’s get a basic run about cryptocurrency. Have you heard about PayPal or Bitcoin? Those are two of cryptocurrency or virtual or electric money, which is also known as blockchain technology.
While many people don’t care about this, but the market analysis says otherwise. There is a high interest in global e-commerce and online shopping, multiple payment options, and digital payments. That means the traditional payment system may change soon. In this case, the cryptocurrency market is regarded as a revolutionary way that provides a solution for payment and other aspects of business life that required digitalization.
Cowrium The Cryptocurrency Blockchain Platform
Looking at how important and the rising of the cryptocurrency, Cowrium is made to help people to join the train. The Cowrium project itself is a multidimensional decentralized blockchain platform to help SMEs to use technologies to cope with the growth of cryptocurrency use and need. At the same time, this particular idea and method can help the business to broaden the market reach, consumer, customer, and the branching itself.
The project has some advanced technologies and systems to ensure the project is easy, safe, fast, profitable and worth to invest. From the 2 Hops consensus model, smart contract library, loyalty and referral reward, atomic swap, two ways mining, master nodes, etc. While having all of these features, the number one innovative move by Cowrium is the use of a new mass-oriented cryptocurrency in the platform called as Cowrie.
Cowrie As A Way To Help People Know The Crypto World
Targeting the SMEs, it is highly known that a blockchain project needs something new to attract them. In this case, Cowrium makes a new cryptocurrency called Cowrie. What is this Cowrie? You can say that this is a new currency or digital money that will be used within the platform ecosystem. Within the ecosystem, it means all of the party inside the project including the merchant, consumer, SMEs owner, investor, etc. everyone who join Cowrium.
The thing that stood out from this project is the idea of enabling individuals or businesses to easily access and use digital money. You can use it with a smartphone or computer and access your Cowrie coin with a dedicated wallet app. At the same time, it has a maximum coin volume that reaches 100 billion (way more than bitcoin). It is also can be used for transactions from different apps, can be used for mining through browser or mobile, and used for staking.
Possible Application Of The Blockchain Project In Industries
For all the non-tech-savvy, they may feel intimidated with all the process. However, Cowrium has implemented a lot of features to help, give and make a more user-friendly platform. Especially for the first time user and the SME industry owner. If you are a business enthusiast and want to broaden your enterprises, consider checking this project. Think about this, there is quite a lot of possible application of this blockchain cryptocurrency project.
The peer to peer, transparent, secure and low-cost transaction is the main interest in here. You can adapt those aspects to your online marketplace, sports betting or even gambling industries. At the same time, the telecommunication industry, health, and network marketing can benefit from the blockchain system. All the transactions will be faster, safer, and more transparent. With all of this aspect, you can expect a lower chance of corruption and fraud.
The Roadmap Of The Project From The Beginning
The idea of this blockchain platform was formed in 2018. The concept development of Crownie Coin was born at that point. In the same year, team building was started, the private investment planted, legal issues settled, the website launched, and the Pre-ICO is opened. Reaching the year of 2019, the fundraising, ICO, public announcements at events, project development, and testing period are progressively started as planned.
In the year 2020, the Pre-ICO Prototype released in the first quarter of the year. After that, there is a new website and wallet launch along with the IEO or major exchange listing. In the third quarter, there will be a POs launch and payment gateway plugins. Continues with the CowDEx, mobile mining, ErrandBoy (Beta) launch at the end of the year. In 2021, there will be more elaborate summits, launch, financial institutions, promotion, etc.
The On-Going Phases And Bounty Program
Reaching the year of 2020, the project has started its crowdfunding sale of Cowrie Coins. This token sale will be held in 5 phases starting from Jan 1 to May 40. With the price open at 0.035 USD and closed at 0.0450USD. The moment this article was written, the phase has reached phase IV with up to 30% bonus. At the same time, the Cowrium Bounty Program has started on April 9, 2020. In this event, the joining participants have a chance to win up to 10 million Cowrie tokens.
Those are some of the information regarding the potential for all user Cowrium blockchain platform. The project has been started form the early 2018 and keeps on developing till the now and later. With the promising potential and advance technologies, this project is worth to try. With the easy and user-friendly blockchain platform interface, you can try to expand your business using this project even though you are not a tech-savvy.
Ann Thread: https://www.cowrium.net/
White Paper: https://www.cowrium.net/cowrium-whitepaper.pdf
Jul 4 2020
AIre Project: A DID Blockchain Ecosystem Centered Around Data Bank
Developed under the concern of users have no proper control of their data, AIre Project starts its unique idea to make a blockchain data bank. Stating the truth above the lack of safety for personal identity and database, the AIre project is originating its project to make better or empower the individual through the right to their data. Before jumping too far about the particular project, this article will present you with some basic information about the project.
What Is Aire Project
First thing first, what is this project. You may wonder, what the company wants by working a blockchain ecosystem that centered data bank? As you know, there are tons of possibilities where a blockchain project surfaced and coming from. In this case, the project concerns the problem of private data and value. The project tries to provide the solution along with a blockchain system that will eventually generate some income and reward.
The main idea of this project is unique. The project ecosystem centered around data bank and the users. AIre will provide functionality for the data bank, thus there will be more effective operation along with transactions with business and the individual users. Simply said, that the project will manage and store various data structures in the data bank. Which later will be essentially a business to monetize data. You can save data and get income.
The framework of the AIre is designed to be flexible and easy to build. All the network or platform participants can access and eventually build on AIre via custom-built applications or directly using proprietary APIs. The system and the idea will make companies able to build their business application and scenarios. At this point, the project ensures data tempering prevention using the blockchain system in the platform.
The Functionality, Data Bank and APIs
Confused yet? Don’t worry, this project is not only about having safe bank data but also turn the process into money or reward. With this, AIre comprises main functionalities. are part of the system which makes your data input, then turn it into some token. The main functionalities are information storage, input, and utilization. In this particular project, the data bank is the core of the system. This is where you are going to save all the data.
On the other hand, the APIs will enable orchestration and facilitation of data flow. What kind of data you can store in this data bank? There are tons of data you can store, and AIre will handle all kinds of different data sources. While managing your data, the platform also manages data ownership. It allows you to link each data fragments from data sources. With this kind of systems, you as users can manage and use the data in one integrated network
The three main functionalities are started with information input. The first user will input basic personal information, such as name, gender, address, etc. you will need to answer it from the provided questionnaires, social media links, or text from blogs. What makes it interesting is that you will receive tokens or incentives by completing this phase. You don’t need to worry about the ability to process your information, this project is designed to handle complex data.
Just as the name implies, the information storage is the data bank itself. This part is where your data integrity will be preserved. Again, there is something unique with how the progress is made. Here, to preserve and protect your data, the system will automatically calculate the hash values for the data. This sash will go into the blockchain. The use of blockchain will benefit you to gain some sash along with the ability to verify the chance of data tampering.
As the third functionality, you can expect more than just storing data. The proprietary AIre APIs allow companies and user to integrate the application and business with data banks. Even more, you can even offer your data bank services. The platform allows and relies on technologies to handle different business scenarios. The system network will keep the immutable data record, which later allows you as the user to receive subsequent rewards.
The Business Model Of AIre
Then you might wonder, how can you get benefits in this project. The business model of AIre is where you will create revenues. Briefly explained before, that the user can do a lot of activities and ways on this platform. Which is provide a natural growth in the mechanism. Later on, with the native cryptocurrencies called Arcs token, you and other users will gain income and awards from using and participating in the platform growth.
The process of the business model started with the user and ended with the user. Here, IFA will collect all fees from third parties, when they going to access your data on a data bank. The third-party can acquire data from the data bank. The more the third party is, the higher chance they will acquire data. The system will give you certain amounts of rewards based on the type, volume, and quality of the data. Each time data acquire, rewards will be distributed.
The Use Of Arcs Token To Run The Business
Just like any other blockchain project that provides its currency, AIre has ARCS token as its native token inside the platform. The ARCS token can be held in a wallet that supports ERC-20 token standard and can be traded on exchanges that have ARCS. How it benefits you? If you ask this question, the answer is simple. The Exchange rate can raise one day when the token fluctuates according to market conditions. This token is mainly used as an incentive and user right.
Those are a brief explanation about the AIre project. Most of the information above is related to the identity and the plan of AIre. The project runs a data hub concept which prevents data tampering. This idea surfaced after realizing the problems of the lack of control that every user has regarding their private data and value. Running with native digital money, Arcs token, this project held dearly the proses of data hub cycle to provide max value for user or company.
White Paper: https://www.arcs-chain.com/whitepaper_en.pdf?v=20191122b
Posted by kurniawan05
Profile link: https://bitcointalk.org/index.php?action=profile;u=1187741
By admin • Blockchain Technology • Tags: ARCS, ARX, Blockchain, business, Crypto, ETH, IFA, Information Input, Information Storage, kucoin, market, money, name, token