Repux

Repux Protocol: Utilizes business data for Machine Learning.

Repux Protocol: Utilizes business data for Machine Learning.

task

EXPIRED


YUP icon 800 RPX icon 5.0


How are rewards distributed? Learn more

7

Upvotes
Remaining

Show comments I upvoted

Repux Protocol: Utilizes business data for Machine Learning.

Rewards

No YUP/tokens awarded

Data is the new oil for businesses. However a massive amount of data generated by businesses goes unused. And yet, developers need it to train algorithms for Machine Learning. Repux aims to create a protocol which facilitates the monetization of data through efficient transfers between collectors, developers and users that will also allow the evaluation of data reliability and reputation over time.

 

Through Repux Protocol, small and medium businesses can sell anonymous data to developers and earn Repux tokens. Developers then can use purchased data to train for Machine Learning. After they can re-sell their intelligent applications back to enterprises, for better business decisions.


What is your opinion about Repux’s vision? What potential challenges and difficulties we might face? Please read our white paper, and provide feedback. Our marketplace platform is live and useable, please check it out!

 

(White paper: https://repux.io/white-paper.html)

(Marketplace: https://marketplace.repux.io )

(Technical details: https://blog.repux.io/repux-data-marketplace-lets-get-technical-9cf5dfdde569





34 COMMENTS 16 VOTES

Most recent Most voted Most verbose

This is not the first business-related article I've read. I also read content about starting a business and it was an interesting article as well. I liked the information on this site, it was new for me to read.

5 months ago

I think this is an informative post and it is very useful and knowledgeable. therefore, I would like to thank you for the efforts you have made in writing this article. Link Building Service

5 months ago

Much thanks to you for sharing such a piece of wonderful information. I am happy to visit your blog. Much thanks to you. Graco Fastaction Fold review

5 months ago

On the off chance that you want to take a great arrangement from this bit of composing then you need to apply such procedures to your won weblog. vilano shadow 2.0 price

6 months ago

As usual, great post. You keep amazing me with your content design and layout. And thanks for sharing this awesome piece. Also, check out now Apple Gift Card

6 months ago

Nice post. I gain some new useful knowledge and testing on websites. It's constantly useful to peruse articles from different journalists and practice a bit of something from their websites. Irobot Roomba cyber monday sale

7 months ago

I consider it is most required for making more on this get ready for marriage Vilano R2 Commuter Road Bike For Sale

7 months ago

إن أسلوب حياتنا صور (النظام الغذائي ، النشاط البدني ...) له عواقب على صحتنا ... وعلى صحة ذريتنا. أظهرت دراسة أمريكية أنه تم العثور على مشاكل القلب الناجم عن السمنة في نسل الآباء يعانون من السمنة المفرطة لمدة ثلاثة أجيال على الأقل ، حتى لو لم تكن الأجيال الشابة نفسها يعانون من زيادة الوزن. يقول الباحث كيلي: "لقد علمنا بالفعل صور ورق جدران أن اتباع نظام غذائي سمين للغاية وحلو للغاية كان له تأثير سلبي على القلب ، لكننا الآن رأينا أن هذه النتائج أكثر خطورة في النسل من الآباء الذين تناولوا هذا النظام الغذائي". مولي ، أخصائي الصحة الإنجابية في جامعة واشنطن في سانت لويس ، الولايات المتحدة الأمريكية. في هذا في البحث ، الذي نشر في مجلة صور اطفال

8 months ago

Thanks for posting Really Such Things. I should recommend your site to my friends. https://giftcardsgenerators.com/

8 months ago

To be in love is to have no more control over your passion. She is involuntary and undeniable. Many people even think that love is irrational and obsessive. It's as if the attraction you have for your partner is biological and instinctive. tips here: first relationship tips Unfortunately, being in love is not a state that lasts. Most of the time, love is transformed into a codependent relationship where it simply disappears. People living in distant relationships are more likely to last this honeymoon phase than others. healthy relationships

8 months ago

Pleasant article and such a piece of good information. Thanks for your excellent posting. I truly appreciated reading this blog. Upright Vacuum For Tile

8 months ago

Update a decent post. Like to pursue your everything post. Anchorsol

8 months ago

Really! Everything that a opener it blog post was for my situation. A great deal enjoyed, bookmarked, As i can’t look ahead to alot more! payday loan consolidation

10 months ago

Machine learning is very important and made many things easier. If you want an assignment helper to provide you assignment writing services related to machine learning, you can contact me.

10 months ago

Machine learning has made so many things easier for us. I learned more about it on https://bestwritingclues.com/reviews/grademiners-review/ which is my best source for information

11 months ago

Machine learning is very important and made many things easier. If you want a cheap essay writing service to provide you essay help related to machine learning, you can contact me.

10 months ago

Machine learning is very important and made many things easier. If you want a [cheap essay writing service](https://paperscrappers.com) to provide you essay help related to machine learning, you can contact me.

10 months ago

Machine learning is very important and made many things easier. If you want a [url=https://paperscrappers.com]cheap essay writing service[/url] to provide you essay help related to machine learning, you can contact me.

10 months ago

Machine learning has made so many things easier for us. I learned more about it on https://bestwritingclues.com/reviews/grademiners-review/ which is my best source for information.

12 months ago

it was a great thing when we can have the tiktok fans online and that was a great thing for us. http://webtricks.online/tiktok

1 year ago

Machine learning have only the protocol for the better to having best demands on the business works. These machines with the protocols are to also can buy essay with the clicking of the monetization of the anonymous developers.

1 year ago

This comment is not available, it has been removed for violating the code of conduct

1 year ago

Sounds like an extremely interesting, exciting idea, however how would you get around companies selling / publishing this valuable information?

2 years ago

RepuX is a unique startup creating a data-driven marketplace for data itself. Its recently announced platform will serve as a matchmaker between businesses and developers wishing to buy data, and those with data to sell.

2 years ago

In my opinion it's good idea to monetizate data. I think your challenges are 1. confidentiality issues, personally identifiable information 2. actual usefulness of data 3. fake data 4. the technical challenges

2 years ago

Hello Repux team! I am really like your project's innovative idea. The market need is well-defined. Your project provides a data solution for both businesses and developers, by establishing a Repux Protocol based marketplace. This is corresponding with the open innovation concept, that data can come from both internal and external sources. SMEs are often lack of full capacity to research and to collect all types of data, and it is way to costly to assemble additional teams to gain more capacity over data research and data collection. Moreover, they still work on many data researches for developing a product to meet customers expectation, but not all these data will be suitable and be used for the final product. They either use the unused data for a new product or lose it. Your marketplace enables businesses to trade their unused data to each other for their need. It reduce R&D cost, and allowing unused data as a source of profit. Great vision! However, there are two challenges which you may face, and I believe other comments have already pointed out. Firstly, avoiding fake data. A reputation system as you proposed might bring a lot of help. But for sustainable development, your R&D might need to focus on how to maker sure data is 100% real. This might be difficult and challenging, even impossible. However, if your competitors have developed a better trust solution than yours, then his/her project will be more disruptive than yours, because it unlocked a pool of potential consumers who doubt your trust solution's effort. If your R&D can't come up a good idea to start improving the trust system, then you may use some external ideas to begin your research. Quora and Crowdholding will be a good place to start. "How to improve the data honesty?" is an example question to ask. Secondly, confidential data being traded on your platform. A well written legal disclaimer will be important, if such cases happen. A preventive measure is hard to come up, maybe add crime record feature. If a user trading data that violates laws, then his/her act should be marked in the profile, and will not be able to trade data on you platform anymore. As I mentioned, you can also transfer this problem into another questions to let the crowd do research for you. Quora & Crowdholding. Keep up your great work!

2 years ago

Good idea but I doubt it would be financially feasible

2 years ago

Check out madana.io :) Working out of Germany, they have a solid team building similar solutions for the Enterprise. Enterprise has the same issue, with tons of generated data, which they don't want to share with others, but they also do not have the means of processing themselves.

2 years ago

Thank you, we´ll take a look

2 years ago

There are two branches of challenges Repux will face. First is the technical one. Currently throughput of the Ethereum blockchain is small. Tiny really. Anything with big volume will clog it up. You also don't need an ERC20 token, you will only use it as a coin and as such ETH would do the job more efficiently. There are other ways to monetize the projects besides generating tokens for the team in the ICO. In your whitepaper you claim you will use decentralized data storage, but most of the choices enumerated don't even work yet. It makes no sense to use decentralized data service for large quantities of not sensitive data, vanilla data servers do it better and cheaper. You will have oracles that are a form of central control, so decentralization is just a buzzword in your project. Second challenge is usefulness of data collected. It will be very hard to determine which data is actually useful, the reputation system will help alleviate the problem, but the long tail of providers who only put up only a few sets of data will be a crapshoot for anyone buying it.

2 years ago

fake data? developers hate it

2 years ago

A good point. There is no way to ensure the 100% honesty of a set of data, however like paypal and alibaba, a rating system can be implemented. The rate may represent the data's quality. Such rating system is very common in many websites, such as Quora.

2 years ago

Gil Nusbaum expert

From what I can tell, this is a novel concept. I think one of your biggest challenges will be around confidentiality issues, personally identifiable information, etc. You will need to be able to demonstrate that either the date you collect is de-identified, or that the way you intend to use it will cause business who are selling data to you to violate confidentiality restrictions in their contracts with customers and/or vendors.

2 years ago

All of you are doing a great job, keep posting such content
ro water filter comparison

7 months ago