To solve all of the above questions, SWIPE decided to harness blockchain technology to create a network of app developers and users. They will be connected via the SWIPE Software Development Kit (SDK)which can be easily integrated by app developers and makes onboarding of new users more scalable.

The SDK aims to serve 2 main functions. It will allow app developers and their users to opt in to join the monetization process by being part of the network and it will also provide a suite of in app marketing tools that will help app developers to increase their app engagement and user retention.

Introducing SWIPE!

As part of the SWIPE network, all data collected by app developers are channeled into an analytics engine which processes the data and packages it to be monetized directly to the data buyers in a transparent way via our decentralized data marketplace. This creates a fairer distribution of revenue as app developers are rewarded every time their data is traded.

Users now have the chance to join the data monetization process using our privacy and data sharing protocol. This protocol will empower users with the choice of choosing whether to trade their data for rewards or to restrict the network from using their data. This is executed via a smart contract that governs data requests and rewards distribution.

And as the whole process is transparent, data buyers will be able to trace back the data they have acquired to it’s source, giving them the confidence about its accuracy and origins. This is in stark contrast to the previous process whereby data buyers have to trust that the centralized data intermediary provided them with truthful and honest data as they had no way of auditing the data.

SWIPE is creating a better data marketplace that benefits everyone involved. Instead of just the centralized intermediary earning the bulk of the profits, imagine this new process where thousands of apps are connected to millions of users in one huge network, earning rewards together every time data is traded.

Who’s funds are used to reward users? What is SWIPE’s token economics and how will SWIPE tokens gain value? We will explore those questions in detail in PART 3! Stay tuned and thank you for reading!

To find out more about SWIPE, check out our website and follow us on telegram and social media!

Telegram: https://t.me/swipecrypto

Medium: https://medium.com/swipecrypto

Facebook: https://www.facebook.com/swipecrypto/

Reddit: https://www.reddit.com/r/swipecrypto