Introduction of IBAX's Foundation Ecosystem and its Ecosystem Plans
The concept of ecosystem is derived from biological terms used to describe the interactions of biological communities and the relationships with the environment in which they live.
This statement extends to the blockchain industry, which involves a number of participants, including the interactions between participants, with blockchain decentralized applications, and with the external real world.
No infrastructure can be perfected without the development and growth of the ecosystem on which it is carried. Excellent infrastructure is a strong support for building ecosystem, and ecosystem is the link that people are directly involved in their daily life. So if an infrastructure wants to go deep into people's lives, it must be based on this infrastructure to build a different ecosystem. These ecologies should be like the concept of a digital twin, mapping people's lives in the physical to the online world, and IBAX will be able to serve as the most solid base for this digital twin world.
Because it is based on the concept of digital twin, IBAX will go all out to develop some necessary basic ecosystems to support and improve the system of this virtual world from the initial starting point. These ecosystems include the financial sector, medical services, charity, etc.
Finance
At present, the payment and clearing of social commerce transactions are carried out with the help of the banking system. These traditional transactions through banks go through a number of organizations such as account opening banks, counterparty banks, clearing organizations, offshore banks, and other more tedious processes.Each institution in these processes has its own accounting system and needs to establish an agency relationship with each other; each transaction needs to be recorded in the local bank, cleared and reconciled with counterparties, etc., which leads to the whole process being time-consuming and costly to use.
Compared to traditional payment systems, blockchain payments can provide direct end-to-end payments for both sides of a transaction without involving the middleman, offering significant improvements in increasing speed and reducing costs. Especially for cross-border payments, if a universal distributed interbank financial transaction system is built based on blockchain technology, which can provide users with cross-border, real-time payment clearing services in any currency on a global scale, cross-border payments will become convenient and inexpensive. Blockchain technology greatly improves the speed, cost, transparency, and security of value transfer.
IBAX supports you to create more value!
Medical Services
Sharing medical data effectively can improve the overall level of healthcare while reducing the cost of medical care for patients. Medical data sharing is a sensitive topic, a pain point, and a key challenge for application development in the healthcare industry, which mainly comes from the patient's need for privacy protection of sensitive personal information.Blockchain offers a potential solution to the challenges of healthcare data sharing. The history of patient visits between different healthcare providers can be uploaded to the network, and different data providers can authorize users on the platform to grant access to the data on the channels they allow. This reduces operational costs and solves trust concerns.
One of the more typical applicationss of blockchain in the healthcare field is chronic disease management. Healthcare regulators, healthcare providers, third-party service providers, and patients themselves are able to share sensitive information in a protected ecosystem and coordinate the implementation of integrated chronic disease intervention mechanisms to foster more effective disease control.
Imagine if a patient with a long-term chronic illness could have access to continuity of care at a top-tier medical facility, no matter where he is on the planet because his illness records are recorded in the IBAX network and these records are credible and cannot be tampered with.
Breakthroughs in the medical field have a direct impact on the well-being of all mankind, and our standard of living will be significantly improved. Please join us in anticipation that the IBAX Foundation will be moving forward with this great project as soon as possible. A better life is coming.
At present, it seems that only in a blockchain society will miscreants who misappropriate public funds disappear, because all donor information, donations, the flow of funds and the use of charity funds are encrypted and recorded on the blockchain.
All data cannot be tampered with, and the use of each fund is open and transparent, making it difficult to misappropriate donations.
simplest aspiration of public welfare is that my help can effectively solve the difficulties of the people being helped.
IBAX is not only able to support these shown fields, but also will gradually open more eco scenarios and contents to enrich the world as time goes by and the market develops.
IBAX is very friendly to ecosystem creators. Besides providing a strong basic technical support to creators, we also simplify the creation process, so that creators can create with one click. It is very easy to create an ecosystem on the IBAX Network, ordinary users can also quickly create an ecosystem of their own. We have integrated and developed an application for ecosystem creation, which allows users to create their own ecosystem with a "one-click" process.
When creating an ecosystem, you can set the ecosystem parameters and rules, assign an account as the ecosystem manager, and set the ecosystem payment method. Most importantly, we are trying to make the DPOA consensus better applied within the ecosystem, and the ecosystem creator can set the consensus of the ecosystem by writing their own contracts or importing them.
We support eco-issuance of "eco-tokens" very well, which can be done quickly by simply importing a contract template.
Due to the difference in consensus and management authority, ecosystems can be classified into decentralized and centralized. There is no superior or inferior type of ecosystem, fitting is the best. What if it fits now and does not fit in the future? IBAX Network is fully supported to adjust the ecosystem parameters, even if it is the ecosystem consensus mechanism, ecosystem token, governance, etc. All these are left to the eco-managers or eco-members (depending on the eco-type) to be autonomous.
In the IBAX Network, Ecosystem has complete data control with independent database tables, database field design and access rights. When designing data permissions we support triggering when data fields satisfy logical expressions. This design brings imagination to listening, logical satisfaction, time triggering, specific condition triggering and other special business. You can write your own contracts without any restrictions in the ecosystem.
One of the more typical applicationss of blockchain in the healthcare field is chronic disease management. Healthcare regulators, healthcare providers, third-party service providers, and patients themselves are able to share sensitive information in a protected ecosystem and coordinate the implementation of integrated chronic disease intervention mechanisms to foster more effective disease control.
Imagine if a patient with a long-term chronic illness could have access to continuity of care at a top-tier medical facility, no matter where he is on the planet because his illness records are recorded in the IBAX network and these records are credible and cannot be tampered with.
Breakthroughs in the medical field have a direct impact on the well-being of all mankind, and our standard of living will be significantly improved. Please join us in anticipation that the IBAX Foundation will be moving forward with this great project as soon as possible. A better life is coming.
Charity
The biggest challenge for charities is the lack of social trust. To gain sustainable support, charities must have social credibility, and information transparency is a prerequisite for gaining credibility. Donors always want to know the details of how the money is spent and the results after it is given to the charity. They want to know what the charity has done, how much it has spent, and how much it has cost.At present, it seems that only in a blockchain society will miscreants who misappropriate public funds disappear, because all donor information, donations, the flow of funds and the use of charity funds are encrypted and recorded on the blockchain.
All data cannot be tampered with, and the use of each fund is open and transparent, making it difficult to misappropriate donations.
simplest aspiration of public welfare is that my help can effectively solve the difficulties of the people being helped.
IBAX is not only able to support these shown fields, but also will gradually open more eco scenarios and contents to enrich the world as time goes by and the market develops.
IBAX is very friendly to ecosystem creators. Besides providing a strong basic technical support to creators, we also simplify the creation process, so that creators can create with one click. It is very easy to create an ecosystem on the IBAX Network, ordinary users can also quickly create an ecosystem of their own. We have integrated and developed an application for ecosystem creation, which allows users to create their own ecosystem with a "one-click" process.
When creating an ecosystem, you can set the ecosystem parameters and rules, assign an account as the ecosystem manager, and set the ecosystem payment method. Most importantly, we are trying to make the DPOA consensus better applied within the ecosystem, and the ecosystem creator can set the consensus of the ecosystem by writing their own contracts or importing them.
We support eco-issuance of "eco-tokens" very well, which can be done quickly by simply importing a contract template.
Due to the difference in consensus and management authority, ecosystems can be classified into decentralized and centralized. There is no superior or inferior type of ecosystem, fitting is the best. What if it fits now and does not fit in the future? IBAX Network is fully supported to adjust the ecosystem parameters, even if it is the ecosystem consensus mechanism, ecosystem token, governance, etc. All these are left to the eco-managers or eco-members (depending on the eco-type) to be autonomous.
In the IBAX Network, Ecosystem has complete data control with independent database tables, database field design and access rights. When designing data permissions we support triggering when data fields satisfy logical expressions. This design brings imagination to listening, logical satisfaction, time triggering, specific condition triggering and other special business. You can write your own contracts without any restrictions in the ecosystem.
There can be multiple applications within an ecosystem, each with its own application parameters. An ecosystem is like a platform on which you can do whatever you want to achieve.
IBAX supports you to create more value!
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