TOOL数金链_OLO代币_IBDT数金链_OLO币-IBDT官网

Open Ecology Mechanisms

OLO-centric API can realize both a consistent flow of data and the circulation of OLO. On TOOL’s platform, all user behavioral data, digital currency, and consumption activities are recorded on the blockchain, and qualifying user behavior can be further converted into OLO. For enterprise users, data purchases are transacted in OLO, and this further promotes the value circulation of the behavior-data-asset cycle. Each user has a separate node, and all financial records are shared, ensuring that OLO remains fully transparent. Also, in countries where such a structure is legal, all transactions on the OLO ecosystem, whether purchasing data or behavior, must be transacted with OLO tokens as the sole means of exchange.
Business applications: in addition to allowing users to mine OLO, our platform also provides numerous OLO application scenarios in order to attract users and improve user loyalty; these include advertising applications, e-commerce payment systems, cross-border e-commerce payment systems, prepaid gaming transactions, in-store retail payment systems, travel, crowd-funding, and other features.

Behavioral Pattern Mining Model

1)Basic incentive model
Any transaction that generates business value or requires payment from a user can be considered as qualifying behavior and will be converted to the appropriate BT value tag and recorded on the blockchain. Therefore, the increase in the numeric value of BT effectively maps increases in the commercial value and productivity of user behavior, and the results of all work done on this shared platform. The higher the value of user behavioral markers on the platform each day, the more value the platform produces. There is no upper limit on the total number of behavioral value markers. The temporal data recording method of the blockchain makes it easy to analyze a user’s behavioral data to prevent fraud and falsification. Users will also authorize the platform to send push notifications and confirmation tasks when necessary, allowing verification of the user’s identity and confirmation of their desired action after the completion of the specified task, after which a guaranteed authentic behavioral value mark will be obtained. When the user's personal or activity data has been anonymized for sharing on TOOL’s big data platform, OLO can also be given as a reward-based incentive.
2)User-Customized Incentive Models
Different enterprises have need for different types of user behavior data. For example, clothing retailers would place a higher importance on clothing purchaseing preferences, while eating habits are more important to food businesses.As a result, TOOL provides a customizable incentive model creation system for our enterprise users. These users can thus set their own individual standards to provide incentives for user behavior. users can also set different reward levels for different types of user behavior according to the degree of importance of each variable. This allows our partners on the ecosystem to each be able to set up their own personal incentive model that lets them develop the user profiles they need.

Establish Credit System Supporting Four Major Services

To operate the platform’s four primary service systems, we will also establish a blockchain-based OLO credit system, and based on that credit system, we will provide four types of services covering all of our users:
Information services ，We can provide a variety of instant messaging services that can transmit a variety of information formats (including text, voice recordings, images, video, and multimedia formats).
Transaction services ，We can display transaction information through our IT system, and also provide transactional and matching services.
Financing services ，We can provide an array of financial services including crowdfunding, trading, equity, and technology cooperation matching services, and also provide your projects with risk control financing matching services. The following is based on our patented Investment Model 4.
Settlement services ，We can provide payment, clearing, and conversion services for all types of platform participants.

TOOL's Profit Model

TOOL is a big data service platform based on blockchain technology. The source of profit from our data services mainly comes from three sources:
1)1) Franchise and membership fees:
Enterprises that enter the TOOL platform for access/participation to big data and blockchain resources may have to pay a franchise and membership fee to the platform. These are transacted through OLO tokens.
2) Various data services:
TOOL provides various data services for organizations at a service fee, including data analysis, the provision of standardized data query interfaces, and other customized services. These services can meet a variety of business needs, such as auditing and supervision.
3)Blockchain-derived applications
TOOL can help businesses effectively attract and retain customers through a number of blockchain-derived applications, such as advertising, games, other features and applications, for an appropriate service fee. Consumers will be directed to view advertisements targeted for them and receive OLO rewards for doing so.

TOOL's Governance Framework

TOOL is a decentralized platform. Its main operating body, IBD Technology, is legally responsible for the development, promotion, and operation of TOOL and its applications, and bears all relevant responsibilities deriving therefrom. The WOLOT Foundation (hereinafter referred to as the Foundation) is a non-profit organization owned and operated by Singapore Limited, and is registered in Singapore. The Foundation is responsible for the construction, promotion, and operation of the entire TOOL community. The main purpose of the TOOL open community is to attract and serve technology developers and institutions, and to constantly optimize and upgrade the entire TOOL ecosystem, including its development tools and applications.