AN INDEPTH REVIEW OF PDATA PROJECT

Every year new companies and businesses are formed with the sole aim of making profit. But we know that for these companies to succeed, they will need to have a target market. Now in order for these companies to create the best goods and services for their consumers, they will need to get some sort of ideas or feedbacks at a certain stage in their product development cycle about what their customers really want. This is because they need to create a product that suits the exact needs of their target niche. To get such feedbacks, companies need to request consumer data in form of surveys or product testing in order to study them and know how to go about developing the product. Here is where companies have a problem.

Most consumers will not agree to share their personal data and the few that will agree most times give inaccurate data either because they want to protect their privacy or because they just do not trust those asking for it. On the other hand, companies can approach Data brokers for data needs but these data brokers do not compensate the data owners properly while some often steal the data that they sell to companies from unsuspecting consumers. It was for this reason that Opiria decided to create a decentralized platform where data can be exchanged transparently, and securely between companies and consumers without the need for any sort of middlemen.

THE OPIRIA - PLATFORM

Opiria is not just a startup company looking for funds to start a new product. They have an already existing product that is servicing the data needs of dozens of clients including Fortune 500 brands. Opiria proposes to create a decentralized data marketplace where data will be bought and sold without having to involve middlemen. Consumers can sell their personal data to the companies they want and get paid for doing so. Since Opiria will be making use of the blockchain, consumers can be sure that their data will be secure. With Opiria, companies can get real-time data from customers.

It is worthy of note that Opiria doesn’t collate data from consumers to hold but instead it is simply an escrow between personal data buyers and sellers. The needed data goes straight to the clients in an encrypted file. The Opiria platform doesn’t access consumers’ data but it has access to consumers’ profile.

PDATA TOKEN

PDATA Token will be used to fuel the Opiria ecosystem. It is used to reward Consumers who sell data to clients and companies spend PDATA Tokens in exchange for specific personal data from consumers.

For more information or if you would like to contact the team, kindly make use of any of the following links
Official Website: https://www.opiria.com/
Whitepaper: https://www.opiria.io/wp-content/uploads/2018/01/PDATA
Twitter: https://twitter.com/PDATA_Token
Facebook: https://www.facebook.com/pdatatoken/
Telegram: https://t.me/PDATAtoken
LinkedIn: https://www.linkedin.com/company/18291449/
Medium: https://medium.com/pdata-token
ANN Thread: https://bitcointalk.org/index.php?topic=3076122.0

AUTHOR DETAILS
Bitcointalk Username: johnyjay
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1819701