Background
Sergiu Draganus with his few friends established a Data mining rostrum targetting local SEO Reporting devices, that anchors to servers from approximately 50.000 different sites and recovers existing data in real time from few websites including Yahoo, Bing, Yandex etc. Few drawbacks of Data mining processes were the liquidity i.e quite low followed by low quality and high prices for IPs. Because of rising demand of IPs from the customers, the impracticality to meet all the desires, IPSX concept (locallized exchange for sharing IPs) was made in 2017, July through different conceptualized sesssions by the team. Building IPSX concept became true because the team at that present time was having missionary and enthusiastic members.
Introduction
According to Gartner approximately 3.5 Bln internet users and 8.4 Bln IoT devicesare joined to internet having few familiar things among them including CPUs, Chips and IPs. Immense need of remote IP usage (to get enhanced privacy and security, ingress media and detour national restrictions between end user customers and between business givers for creating VPN applications along with few micro tasks etc) resulting in market of like 60 Bln USD is growing 16% per year. The success of the project is earlier guaranteed between end users by the TOR project. There are few drawbacks of TOR and solution to all the problems were provided by Blockchain based system in two levels.
Major drawbacks of TOR and related projects includes low liquidity, no wealth coupling the IP sharing and not beneficial for business and service givers. Solution to these problems is given by Blockchain based system in two levels in which first level provides the frequent sharing of IPs etc and second level which will initiate a substructure and grant any service/business giver to create customized applications
IPSX (An ecosystem)
The IPSX business model will completely be advantageous among all the relative pristine technologies. The market can now be maintained to a unique system and shifting from centralized to entirely decentrallized system, and with the preferment of Blockchain technology every indvidual can be a part of multibillion yearly business.
Problems
IP addresses are precious resource but there are few problems regarding this which includes:
• High lags because of zero rewards for IPs sharing
• Zero internal wealth
• Liabilities issues because you are not familiar with the actions the users are doing by using you IP adress.
Few problems are also faced by the providers including:
• Marketing issues:Lack of technical solution of finding clients for desired IP classes
• Low number of IPs from Geolocation and difficulty in building IP portfolios
• Short duartion rentings and micropayments
Solutions
Solutions provided by Blockchain technology are listed below:
• building a marketplace where the demands will meet the offer for IP services
• Arranging cross platform clients
• Administering micropayments using smart contracts and ETH protocols
• Registering all transactions either of IP shares client/owner
Innovation
At the present time, we are limited in various ways as we cannot use the desired applications by different internet groups across the globe, and different internet providers are failing in tracking each user on the internet and the way they are doing it is not legal and it is against the privacy rules as there is no consent from the users. We don't criticize the present system but we think it is debiliated and it needs to be changed.
We consider that future of wealth and internet will be a completely scattered network, which will make the users and providers able to firmly trade off the content.IPSX permit all the actors totake part in inbuild economy of ecological system and provide locallized sight, distributed economy and generated earnings. It is quite obvious that we will motivate the uilding of other technologies out of which have attained beneficial moves in previous decades.
Practical Commence
IPSX user is known in the system by his eccentric IPSX wallet address. Users are categorized in two types i.e "Provider" user providing an IP and "Requestor" user who gets benefited by an IP. Utility Token ERC20 will be issued by Blockchain for firm access and is used between actors and IPSX ecosystem. 3 technological veneer are operated by IPSX including Ethereum, Application and Service layer which will manage balances including Token, micropayments along with communications and deals and detection of connections including VPN etc. Wallet IDs icluding Balance include token that are present in order to place orders on request and Reserved one which are spare for current deals. Java application components including Profiles, Orderbooks, Dealbook and Matchings are well organized for the firm and frequent processing of the system. There is proper regulation and managment of Funds in the IPSX system and the funds are secured for the building and benefit of IPSX ecosystem and proper time period is followed accordingly.
Useful Links
Eth Address
0xd45F73d2cf8a3ea1FC747fE42911E555f20918E8