TAP TOKEN: A DEFI SOLUTION TO DATA SECURITY.

nice2you (45)in #crytocurrency • 4 years ago (edited)

Data is life. It is unbelievable to see that little people out of the general public secured their data. Protecting the privacy and personal data is linked with the issue of trust and maybe risk. Only little people understand that protecting privacy can lessen the risks of costly incidents, regulatory penalties, reputational destruction, and many other risks.

Privacy protection is very essential to people’s trust in any organization. It is because the success of the organization lied in the trust of the employee, clients, vendors, business partners, and existing and prospective customers. When this trust tampers, it can bring the organization at a great risk that can bring great loss.

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We were so carried away by the fun of social media and the fulfillment it brings. And what are those special fun and fulfillment we want to achieve? It is just bragging to create an impression on our friends and colleagues that we are doing better than them. 'Fake Life' to many people and 'reality' to others. The social media platform allows us to release every detail about us and they monetized it. The fun we were chasing did not allow many to realize that their life and destiny are being monetized. Their data are being sold out.

A platform like Facebook, Twitter, Instagram, etcetera extract our data and gave us access to their mobile app in return. Those users' data they gathered have brought several billions of dollars to these platform owners. It is unbelievable to see how this social media owner gained the trust of many people. Am so sorry to agree with what Mark Zuckerberg said in 2004 that ‘the dumb folks trusted him’.

Our data should be guided in such a way that anyhow people will not have access to it. And if you want people to have access to your data, it will be with your full consent. You can monetize your data if you so wish and you can control people that can use your data.

Let me give you a flashback. Have you ever noticed how some of the adverts on the site you visited seem to match your interest? Did you think it is a coincidence, hell no! An advertiser will do anything even if means breaking your privacy to develop an extraordinary way to promote their products. So, the easiest way to find out your interest is to be tracking your social media behavior and interest. And this is possible because of your available data on social media.

If you make your data available on the web, it is not only the social media owner that can monetize it, the smart ads marketers can also do that. To control our data and monetized it if you so wish, this is where Tap Token is useful.
The tap token which is also known as the Tapmydata is a solution to data security. It allows our data to be saved on a decentralized platform where only you can have control over your data. Tapmydata is designed to be a framework of tools, ledger, and decentralized protocol for the general public to reclaim their widely distributed digital identity. It allows data to be verified and give consent for the interested users at a non-fungible token.

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Tapmydata is the first of its kind. It is an advanced channel for robust data right to rebuild trust with the people and is done by securely and transparently guide your data with privacy with your consent. Tapmytoken has a proven capability. Tapmytoken designed a reliable App that works with privacy using a decentralized blockchain as a statement of record.

Tapmydata provides a newly built transparent channel for legitimate opportunity to blend data and exchange value.

Their mission is to give people control over their data and give collective leverage on how to use it to earn a market worth monetary value annually. Is this not better to use than to be releasing our data freely for fun without any compensation? And many risks are attached to it. Think about it!!!!

They have an experienced leadership team that is good at funding, growing, and executing great businesses across the tech spectrum.

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Not everyone is good at staking cryptocurrency, but our data can be a good Defi source that one can stake in exchange for Tap token and with your full control and interest.The decentralized TAP personal data protocol allows the breaking of the old cycle of data abuse by offering their token to whoever wishes to be in this trail. So, each user manages their own digital identity, their Non-Fungible Tokens on Blockchain Verified Consent. The users can license their data for use across the web and receiving value (ERC20 tokens) from the Tapmydata ecosystem or directly from the interested data buyers.