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Updated: 12 Jan, 9:18 pm UTC
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Airbloc is a blockchain-based data exchange platform designed to revolutionize the way digital data is monetized. Founded in 2018, Airbloc is the brainchild of Airbloc, Inc., which is backed by major venture capital firms such as Hashed and Signum Capital. The platform aims to enable users to monetize their personal data, allowing them to receive rewards in the form of cryptocurrencies. Airbloc also allows companies to utilize personal data for targeted marketing, analytics, and other business processes. Airbloc is set to revolutionize the way companies and individuals engage in data transactions, creating a new economy around data.

Airbloc’s native cryptocurrency, ABL, is an ERC-20 token used to settle transactions on the platform. It is an integral part of the Airbloc system and is used to incentivize users to contribute their data and to reward companies that use the data. ABL can also be used to pay for services on the Airbloc platform and is accepted by a growing list of merchants. Airbloc is a project with a bright future, as it offers a secure and transparent system for data exchange and monetization.