Many startups and small enterprises tend to avoid the structure of big data. It seems that the term only applies in strict sense to those “big companies” with more money and unlimited resources. To startups and small businesses, big data is not that useful.
It is totally wrong and terribly harmful if Big Data is meant for big companies with huge budgets only.
Yes, it is true that big companies have the ability to invest in large data warehouses and robust data mining tools. On the other hand, small businesses aren’t as flexible with their budgets. But this doesn’t mean that small businesses miss out on data monetization.
As businesses evolve from process-driven to data-driven, a growing variety of low-cost paltforms and tools have become available to use. But small business inexperience in navigating big-data operating models has put them at a disadvantage and rendered them vulnerable to unscrupulous and deceptive data platforms. They need to find the most trusted data vendors to start with.
One of the most interesting platforms is RepuX.
RepuX, is the world’s first decentralized marketplace for business data, securely connecting SMEs with AI and machine learning developers, is leveraging blockchain technology to bring transparency, confidence and accountability to the ecosystem.
Secured by the blockchain, a cryptographically fortified ledger, distributed across a vast decentralized network of users,
RepuX applies complex math and consensus transaction authentication systems to manage recordkeeping between all buyers and sellers on its platform.
RepuX platforms and solutions provide the tools and technology used to search & analyze the data to find new correlations, relationships and trends that were previously unavailable.
Whatever business you’re in, you must have Big Data. The ability to extract high value from this data to enable innovation and competitive gain is the purpose of RepuX. Corporations and individuals will be able to see patterns and trends in performance with potentially new sources of revenue. It provides an opportunity for disruptive change and growth.
The main goal is to to build a secure, reliable, high performance data transfer protocol that can be integrated with a wide variety of different applications developed by third parties for use by a number of different industries.
For more information or How to participate in the ICO, please visit the website: https://repux.io/ and Read the Whitepaper: https://repux.io/assets/repux-whitepaper
