Airbloc Protocol redefines how data is collected, monetized and utilized. Leveraging blockchain technology and token economics, it seeks to facilitate more transparent data flows between data owners, data providers and data consumers. Ultimately, it aims to return data ownership back to data owners, provide applications with tools to collect and monetize data legitimately, and allow data consumers to purchase explicitly consented data with an auditable source of provenance for their business intelligence, research, and targeted marketing purposes.
Boom Token is a social experiment. Blockchain gives us an opportunity to create this deflationary currency, and the deflation mechanism is fully based on smart contract. The basic rules are as below: There were originally 1,000,000,000 Boom in existence. Each on-chain Boom transaction completed, 1% of the transaction amount burned. There will never be newly minted Boom.