Airbloc is a blockchain-based, decentralized and transparent ad data trading network and a DAPP.
Here’s how it works. When a user submits data directly to Airbloc Main Client Service, the advertiser pays fee to the user group who are likely to purchase their product and buy interests data from Airbloc Main Marketplace. Also, to the individual users who are exposed to ad campaigns, rewards will be given.
How simple is it? Users as an original provider to ‘interests data’ can regain their data rights, and advertisers can now make improved targeted ads with accuracy based on both direct and indirect data types. This interests data is not legally violated if you have already paid for its value and transferred data ownership. Therefore, advertisers have the legal freedom to use this data. The increased flexibility of data utilization allows advertisers to do all sorts of testing to maximize effectiveness for targeted ads.
To collect data with reliability, Airbloc continuously validates the credibility of each user, the data providers. Personal information, survey responses, and behavioral data are used for credit score computation and bigger reward will be given to users with high credit ratings. Directly collected personal interests data that are below certain credit limit cannot be sold on Main Marketplace.
In Airbloc, ads can become a useful piece of information, not a noise. This is because users can configure types of ads to be viewed and not to be viewed on Airbloc’s Main Client Service. Based on users’ preference configured, Airbloc ecosystem will allow a transparent trading of both data and ad exposures.
Airbloc will issue 'ABL tokens' as means to buy and sell data and ad exposures. This token can be used as a compensation to reward individual users, the data suppliers, and can also be a means of payment to the data consumers. The initial token is based on the ERC20 standard which initially runs on Ethernet main network, and these purchased tokens can later be exchanged for tokens on Airbloc’s own network.
AIRBLOC protects individuals’ data privacy, rewards Data Providers and provides full data transparency and traceability.
AIRBLOC users can directly submit data to the blockchain data supply chain.
AIRBLOC users can track and control their data transactions, as well as monetize their own data.
AIRBLOC users cannot influence the type of ads they receive, they become passive advertisement consumers as they cannot control preferred ad types.
AIRBLOC users will receive revenues generated from actual data usage or sales. During this process, a middle-party intervention is impossible, and the majority of revenue generated will be returned to AIRBLOC users, while a minimum level of revenue required for network operation will be charged.
When a Data Consumer cannot find a desired data set on the AIRBLOC Data Marketplace, they can run data campaigns on AIRBLOC to find the specific data type they are looking for.
AIRBLOC offers two types of tokens. One is the AIRBLOC (ABL), and the other is AIRBLOC Reward (AIR). ABL is a transferable ERC20 token, and AIR is a non-transferrable token belonging to Users, but can later be converted into ABL on a 1:1 ratio.
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