Seeing the recent turmoil in the world of crypto assets, SwipeCrypto, a pioneering monetization attempt at the involvement of cellular applications, offers a new model of valuing every bit of information generated by application users.
In contrast to the interaction model that has occurred so far, where data traffic is collected in a database that is controlled by only a handful of parties, SwipeCrypto allows for more transparent and decentralized management of revenue sharing.
The current data monetization model generally does not provide any reward to application users as a new "oil well" in the data economy.
Application users who continuously publish data, also do not know who and for what data is then used.
In fact, often the data is sensitive or confidential. Application makers also often have difficulty in getting the results for the application that they made because the system is not integrated with the payment gateway.
Meanwhile, data consumers who are usually corporations that need marketing data, do not get guaranteed integrity of data origin, so it is not uncommon for marketing campaign programs related to these data to be misdirected.
SwipeCrypto collects application users, application developers, data market partners, and corporations as data buyers into one distributed ledger. According to SwipeCrypto's statement received by Tekno Liputan6.com on Sunday (05/19/2019).
By having real goals that benefit many parties, SwipeCrypto can have its own place in the new landscape of the crypto asset ecosystem.
This project is not solely promising attractive yields for major investors, private and public financiers, but rather for crowdfunding for more transparent technical development of data monetization vehicles.
The allocation of sales of tokens, which is only 25 percent, is proof that this project does not merely seek profits from the increase in token prices, but there is a large portion of commitment from the developer so that the project can run well and sustainably.
Crypto Asset Trading Ecosystem Begins to Recover
Prolonged turmoil in the world of crypto assets is now gradually improving at the same time.
Noted, now the price of Bitcoin has again penetrated the psychological numbers in the nominal Rp. 100 million. Crypto asset trading discussion forums began to bust again due to the emergence of a new wave of optimism that was blowing.
Many observers argue that the price of crypto assets will not fluctuate by soaring as fast as it did at the end of 2017 and then dipping sharply at the beginning of 2018. However, slowly but surely prices gradually improve.
This is a proof that the ecosystem of trade in crypto assets is indeed different from agate fever or a wave of love that has never returned victorious again after the price collapsed.
Bitcoin also rose from the 'storm storm' because the dominance reached 58.7 percent, when compared with the market capitalization of thousands of coins / other tokens.
Ethereum along with many of its derivative projects sit in second place and become a favorite of blockchain technology developers because of their flexible nature and full support from communities spread throughout the world including Indonesia.
Meanwhile, in the third position, there is Ripple, which has begun to be tested by several banks to run remittance transactions.
Crypto Assets Have Legal Basis
Expectations also emerged from the authorities, such as the governments of various countries including Indonesia.
At first, all forms of digital coins were seen solely as a threat to the existence of the rupiah so that it was prohibited from being traded.
Beginning in 2019 this is a turning point where the government through the Commodity Futures Trading Supervisory Agency (Bappebti) recognizes the existence of crypto assets as commodities that can be bought and owned by Indonesian citizens.
Thus, the crypto asset exchange company in Indonesia now has a legal basis to operate legally in this republic.
The change in the landscape, of course, needs to be positively welcomed because the trade in crypto assets is no longer a figment of speculation without foundation, but it is already a joint effort to improve the world order that is more just, transparent and beneficial for more parties.
The pilot projects of blockchain technology that are closely related to the trading of crypto assets leave only those who do have big and noble goals to give more value to the community.
Those who issue coins because solely want to get rich quick, also 'crashed'. Along with the improvement in the level of public education in general, the "micin" coins began to be abandoned. ICO fever can also begin to end and be replaced by projects that have real benefits. Tekno Liputan6.com
After falling in 2018, the crypto cryptocurrency market started to rise. This can be seen from the price movement of bitcoin, which is the biggest crypto asset. Wednesday (12/6), at 10:25 a.m. WIB, the price of bitcoin reaches US $ 8,189.92 per btc.
This price is the highest record for bitcoin last year. Bitcoin prices have risen by around 118% since the beginning of the year. kontan.com.id
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