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Dock is a data exchange protocol that puts users in control of their data and enables interoperability between applications and the web. Dock is the core framework of Web3.0, which creates a new economic model in terms of user control of data. DOCK tokens are used as a medium of exchange within the Dock smart contract system, and token holders can also participate in voting to determine the development of new functions for the Dock contract system. In addition, DOCK tokens will be used to incentivize APP development and share data.
Dock is a data exchange protocol based on Ethereum and IPFS. This protocol can easily integrate data from different sources and seamlessly connect to other applications, completely changing the way applications access user data and communicate with each other. Way. Data based on the Dock protocol is stored on IPFS, and users have complete control over personal data to avoid theft of user privacy.
The dock.io protocol is a dedicated decentralized data exchange protocol. The protocol is designed to incentivize the exchange of work experience, reviews, and professional connections, and can be extended to include any type of shareable data. Additionally, the token serves as a proposal and voting utility to guide the evolution and changes of the dock.io protocol. All token holders can submit proposals and vote on the changes and updates they wish to implement. Applications receive tokens for data exchange. Users have absolute control over their data by using hosted third-party services.
User data is a core value of all consumer-facing applications. However, in the existing centralized system, user data is controlled by the platform, and user data between applications is isolated from each other.
For users: (1) Multiple identical configuration files need to be uploaded between multiple applications, and cannot be updated synchronously. (2) The data is controlled by the platform, and the platform can tamper with or even leak user data without the consent of the user.
For enterprises: they will face the "cold start challenge", and it is very difficult to acquire users from scratch.
dock.io aims to enable shared value between users and applications, creating a more connected and decentralized internet. Empower users to truly own their data and enable applications to communicate and transfer data.
DOCK token will be mainly used as a currency for data transactions. Holders can also propose new proposals and vote on the future development roadmap of the protocol.
Apps will indirectly pay other apps to access their data. If the application pays the user a flat rate fee and does not contain third-party application data, those fees (in DOCK tokens) will be destroyed.
Therefore, the value of the token will be intrinsically linked to the need for user information. This means that there is a greater incentive for apps/platforms to use the dock.io data collection platform, and more users will join and actively use the app.
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