HOW YOU CAN PROFIT FROM THE DATA YOU PRODUCE EVERYDAY

in #data6 years ago (edited)


Hello guys. Today i will be discussing a project with its major concept of creating a platform for the exchange of data. The name of the project is PDATA. Now, let us briefly look into the reason for the conceptualization of this project. The major topic here is data. We produce a lot of data everyday. Only a few are educated about the possibilities of data and how useful it is. Majority of us have no idea how important the data we produce is and how big companies make money off these data.

First, lets look into social media like facebook, twitter etc.. Virtually everyone on the globe is on social media, likewise do we upload everyday. Every single day, a particular volume of data gets into the internet produced by the users. We have several data brokers working behind each of these companies, gathering these data and selling it to companies. The problem comes from the fact that these data being produced are not of benefit to the users/producer of the data, likewise is the privacy of these data unsecure.

What if there was a platform in which customers can sell their data in exchange for something of value instead of giving it out for free? what if data brokers which tends to be the intermediary to this system could be excluded? On this note, i will be discussing PDATA token which will be operating on Opiria platform and its secure trading of personal data.

OPIRIA PLATFORM
Opiria is creating a central marketplace for businesses where they can purchase consumers personal data specifically from them without the requirement for a middleman to get engaged with the procedure. It is simply for establishing direct connections between companies and consumers. Asides the major concept of the platform, it offers a lot of advantages which potrays security and transparency for the customers;

  1. First is the fact that intermediaries are excluded which brings direct connection with companies
  2. There is full control of data by the customers
  3. Customers profit from providing personal data.
  4. Security and privacy of data by blockchain adoption.

See introduction Video:

PDATA token and how it works
Opiria platform allows for provision of data in exchange for monetary terms. Looking at this monetization of the data is where PDATA token is introduced. It will be the a crypocurrency that will be used internally in the system between customers and companies on the platform.

About Token sale and distribution
Token name: PDATA
Token standard: ERC-20
Total supply: 750 000 000
Token price: 0,1 $
Minimum contribution per person in the first hours of crowdsale: 0.5 ETH
Payment method: ETH.
PDATA token sale is currently on! as at the time of pubishing and will be ending on 14th of July with an Hardcap of $30 million.

Know more about this project, visit:
Website: https://www.opiria.io/
Whitpaper:https://www.opiria.io/wp-content/uploads/2018/01/PDATA%20White%20Paper%2020180118.pdf
Telegram: https://t.me/PDATAtoken
Twitter:: https://twitter.com/PDATA_Token
Facebook: https://www.facebook.com/pdatatoken/
Youtube: https://www.youtube.com/channel/UCW3cOXsxLicxZqRt1TFSmLQ
Linkedin: https://www.linkedin.com/company/18291449/
Medium: https://medium.com/pdata-token
My Bitcointalk Profile link: https://bitcointalk.org/index.php?action=profile;u=1048662

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