AIreDatabank Business Models and Use Cases (July 29, 2022).
29 Jul 2022, 05:40
AIreDatabank Business Models and Use Cases (July 29, 2022)
The business model of Databank is expected to be the core business of the next generation, and major companies in various industries such as financial institutions, advertising, and telecommunications industries have announced their entry. However, this model has not been successful so far because of social challenges such as private data leak and secondary use / unauthorized use.
ARCS project believes that building a Web3-based Databank platform that allows users to accumulate and deposit information on their own initiative will be the solution for above issues and the key to success.