What is the purpose of this project and how is blockchain technology used here?
RepuX will allow for data sharing and value creation opportunities among data collectors, application developers and data users which do not exist in the current marketplace.
We have chosen to back our technology with the Ethereum blockchain because of the tokenization and encryption it enables. Blockchain technology allows for the reduction of fraud rates thereby enabling a whole host of potential applications. This makes blockchains ideal for use as the foundation for the RepuX Protocol where security and transactional integrity are paramount.