How do developers effectively collect, analyze, and use user data to create new applications and improve existing ones? There are many solutions, however, the capabilities of blockchain technologies can make this process more complete. Today we will tell you about the platform SWIPE Network, designed specifically for such purposes.
The platform will use a unique SDK (software development kit), any willing developer can integrate it into their applications.
Strange as it may seem, the evolution of data exchange systems has been progressing quite slowly in our time. This is due to a number of factors, and here are the main ones:
– it is often difficult for a buyer and information provider to reach a comfortable level of trust.
– Also, data providers do not have enough incentive to engage in high-quality data transmission. In part, this is due to the introduction of intermediary companies (for example, Acxiom, Epsilon and Experian) into the process.
According to forecasts of experts from Forrester, by 2021, to about $ 10.9 billion will be wasted to illiterate drafted advertising campaigns. Also, according to research experts, up to a third of this information in the accounts of users of a social networks, as a rule, inaccurate or knowingly false.
And, most importantly, the real owners of information, as a rule, remain unaware that they provide free of charge data for research.
Technological features of the platform
– SWIPE Brain. System for information analysis. Processes will be managed by smart contracts, an intelligent network will be used. The entire toolkit will be intuitive and convenient for ordinary users.
– SWIPE Push. Lock control technology. You can view information on the lock screen.
– SWIPE Ads. Technology ads – designed to provide the user with actual control over advertising. All payments are in SWIPE tokens.
– SWIPE Marketplace. The project develops its own environment, in which it will be possible to redeem tokens for access to premium content.
– SWIPE Mission. This section is intended for earning simple users, such as registering on the website, participating in surveys, installing the application, etc.
To date (August 10) nothing is known about the exact dates of the sales stages. Generation of tokens (TGE) is planned for late September-October. Tokens will be issued according to the ERC-20 standard, the planned issue is 100 million coins. The team postponed the sales for the fall due to poor market conditions.
The creation of the platform employs experienced specialists, industry leaders, from Singapore’s SwipeCrypto Pte Ltd. The founders of the project have solid working experience in such companies as IBM, Lenovo, LG, McKinsey & Company, Intel and Konica Minolta. A total of 15 team members and 10 advisers are represented on the site.
The project team has already managed to gather around itself a circle of crypto-enthusiasts. To date (August 10), Reddit has 883 subscribers, Twitter – 2954, Telegram – 6774, youtube – 15. The project maintains a blog in the Medium. What is commendable – the team does not hide its developments and presented to the public in Github 5 repositories with their work.
In total, the project intends to spend up to $ 350,000 on the campaign. The funds will be distributed as follows:
– 12% allocated on Twitter;
– 30% subscription campaigns in Bitcointalk;
– 25% allocated for content campaigns;
– 13% share of participants in Reddit;
– 5% support pool in Medium;
– 10% is allocated on Youtube;
– 5% allocated to Telegram;
– Download an app – (separate token pool).
In the third quarter of this year, the team intends to develop and present SWIPE Push and SWIPE Mission technologies. Early sales of the token are scheduled for the 4th quarter of the year. Most of the unique technologies of the platform will be presented only by the middle of next year, and in 2020 the team will launch the marketplace and monetization of SWIPE Brain.
Pros of the project
– Users will control the degree of their confidentiality themselves, regulate the exchange policy.
– universal smart contracts (data requests and reward distribution are managed and registered in a transparent way).
– High security: the system uses end-to-end and re-encryption.
Swipecrypto is truly a unique company already having successful multi-year projects in the South Asian market.
Although the idea of the project is not new, the team very thoroughly approaches the creation of a block-project and includes in its work many useful technologies.
Immediately after the launch, the company will have many serious competitors, such as Datum, Airbloc and Fysical. True, the latter two intend to cooperate with Swipecrypto. It is also known that a number of top-level specialists with a solid background in the field work on the project.
Perhaps this is one of the best projects that have not yet announced the dates of the ICO.
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