Airbloc ABL

Rank #2970

$ 0.00250276 +0.79%

Airbloc Price (ABL)

Airbloc to USD Price Chart

What is the current price of Airbloc (ABL)?

The current price of Airbloc (ABL) is $ 0.00250276.

What is Airbloc (ABL)?

Airbloc is a revolutionary protocol that aims to change how data is gathered, monetized, and used. By making the most use of blockchain technology and token economics, Airbloc's primary goal is to foster more transparent data transactions between the data's owners, vendors, and consumers. The ultimate aim is to return data ownership to the original owners and provide various applications with legitimate tools to collect and monetize data. Data consumers can also benefit from this protocol by acquiring explicitly consented data with a traceable source for their business intelligence, research, and targeted marketing activities.

Who is behind Airbloc?

The website indicates that a team of proficient developers and blockchain enthusiasts are behind the development of Airbloc. However, it doesn't list specific names or credentials. For more detailed information about the specific identities of the people behind Airbloc, please refer to their official website.

How does Airbloc (ABL) work?

Airbloc introduces a new way of handling data where all participants in the ecosystem can benefit. Here's a simplified process:

  • Data Owners: They gain control over their data and decide who can access it. They also get rewarded every time their data is used.

  • Data Providers: These are typically applications or services which collect and provide data. Airbloc offers tools to help them gather and monetize data legitimately, while giving recognition to data owners' rights.

  • Data Consumers: These are businesses, marketers, or researchers who buy data for different purposes. Airbloc protocol enables them to purchase explicitly consented data, ensuring its legitimacy and respect for privacy laws and data protection regulations.

Airbloc protocol operates on top of the Ethereum blockchain, making use of smart contracts to facilitate these data transactions.

What makes the Airbloc Protocol unique?

One of the essential features that make Airbloc unique is its commitment to privacy and user consent. The protocol has tools that return data ownership back to the data owners by giving them control over who can access and use their data. It's a shift from the typically opaque methods of data gathering and usage towards a more transparent and auditable one.

Moreover, the Airbloc protocol utilizes blockchain technology — a decentralized ledger that provides transparency and security, which are essential in handling sensitive information like personal data. Furthermore, the protocol has token economics in place to incentivize users to participate in the data sharing ecosystem.

What is the circulating and total supply of Airbloc (ABL)?

The circulating supply of Airbloc (ABL) is 279.2M, while its total supply is 400.0M.

What is the market capitalization of Airbloc (ABL)?

Airbloc (ABL) currently holds a market capitalization of $ 0.7M, making it rank #2971 in the global cryptocurrency market.

Where can you buy Airbloc (ABL)?

Airbloc (ABL) can be purchased on several cryptocurrency exchanges. The most popular ones include Coinone, Bitforex, OKEx. It's essential to note that cryptocurrency investments come with risk, and potential investors should do adequate research before making a decision.

Can you mine Airbloc (ABL)?

No, you cannot mine Airbloc (ABL) as it's an ERC-20 token based on Ethereum's blockchain. These tokens were pre-minted and can be earned or obtained through participating in the data ecosystem, trading, or other promotional events.

Is Airbloc a secure protocol?

As a protocol built on top of the Ethereum blockchain, Airbloc inherits the security features that come with it - such as decentralized control, cryptography, and consensus mechanisms. However, like all digital platforms, it's not entirely immune to online threats. As such, users are advised to be vigilant with their privacy and security. Always make sure your cryptocurrencies are stored in a safe, encrypted environment, and be wary of phishing scams.

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