OPIRIA- A PLATFORM FOR TRADING PERSONAL DATA UTILIZING BLOCKCHAIN TECHNOLOGY

The world data brokerage industry is growing. The growth is exponentially high and has already reached the value of 250 Billion USD per year. This enormous growth has attracted much software and social media companies to participate in the market to generate a large amount of revenue for their development. And for generating revenue they take personal data from their customers and sell them to big data collector companies at a high price. But, in exchange, they provide nothing to the original data providers, the customers. What is even more preposterous is, the companies do not maintain proper data security for encrypting the personal data during trading. As a result, many personal data get stolen or become subject to manipulation by unauthorized entities or hackers, which later createsa very critical situation for the original data owners. For all those reasons the data industry is losing its credibility among its customers and continuously gets fed by false information by the platform users. But, the data industry is an essential industry for the 21st Century’s Financial Ecosystem. Without it, the evolution of all financial organizations will not be able to move further. And as the present data industry is its reliability among the customers, therefore if their trust cannot be earned sooner then it will not be so far that the entire data industry will collapse and many business organizations will lose a huge amount of their financial assets. So, it has now become a need that a system must be developed to create a secure, democratic, and transparent as well as unbiased online based ecosystem for facilitating effective personal data trading directly with the data collectors. And the platform which is going to provide all these facilities through its single ecosystem is OPIRIA. This is platform by PDATA Company which is created and developed for making the data industry democratic, secure and freely accessible by original data providers so that the data industry can regain trust of their customers and the reputed data collectors can collect purest and unchanged data from the original data providers through a direct decentralized network created by blockchain while compensating them with proper tokenized benefits.

In this article, I am about to show you how the OPIRIA platform of PDATA will be able to regain the trust of customers and how it will contribute towards the growth of personal data industry worldwide. You should visit the following link-https://opiria.io

WHAT IS THE PURPOSE OF OPIRIA?

The world data market is in a critical situation. Data managed by the different organizations like social media or data management companies are losing trust as they do not compensate data providers and they trade their customer’s personal data without taking their consent. As a result, the customers start to give fake information to those data management companies and for that cause, the data quality deteriorates and loses its purity. To make good use of data it is important to use pure and unaltered data which can be used todeveloping statistical database or software for use it in future. But, to encourage the purest personal data flow, it is important to compensate the original data providers according to their data contribution. As in exchange forcompensation, they are providing personal information at their own discretion so, they will certainly provide original information willingly. And to make this all possible the OPIRIA has been developed. This is an operational platform solely for personal data trading in exchange for crypto-token where every data transfer is secure and decentralized with the help of blockchain.

OPIRIA AND ITS STRUCTURE

The OPIRIA platform is developed to create a secure network-based data management system where personal data is to be traded with the well-known data collector organizations (Fortune 500 Companies) by connecting with each other through a direct network while allowing the data providers to get tokenized benefit in exchange of their shared data. And for that reason, the OPIRIA is integrated with the following technologies and features,

A. Decentralized Network
B. Smart-Contract
C. PDATA Token
D. Mobile and Desktop App

A. Decentralized Network

OPIRIA platform network is decentralized as Ethereum Blockchain is integrated within it. The benefit of Ethereum Blockchain is it is completely secure and free from any kind of third-party intervention. As OPIRIA manages personal data for trading, so avoiding intermediaries is the best option for them to maintain data integrity and purity. All data are directly requested to its rightful owner and owners trade their data at their own choice by sharing their personal data in an encrypted form through decentralized blockchain network. Encrypted data cannot be decrypted until it reaches to its designated collector. And through this process, the blockchain ensures data integrity and purity for the data collectors.

B. Smart-Contract

The smart-contract is essential for making all contracts within the OPIRIA system self-executable. As the platform manages contracts between personal data providers and private data collectors so all the contracts must maintain some rules or security standards, which are all remain pre-set in smart-contract. The smart-contract enables efficient contract execution between these two parties.

C. PDATA Token

The PDATA token is the utility for the OPIRIA platform. All kind of transactions within the platform is controlled using this token. The data providers get compensation for their data in PDATA token and the data collectors purchase the private data in exchange of PDATA which they have purchased from OPIRIA. You should visit the following link-https://opiria.io

D. Mobile and Desktop App

In this modern world, men have very little time to spend without work. They always remain busy with their activities and due to their business they cannot stay in one place for a long time. So, to make the technological use easier for their busy life portable technologies are being invented. That is why the OPIRIA is also launched as desktop and mobile app for facilitating easy and flexible use to those who are willing to trade their personal data in exchange of tokens and those who are willing to purchase them with right price directly from their owners.

CONCLUSION

OPIRIA is an exceptional data trading platform for personal data providers. Here everything is transparent and secure with the help of Ethereum blockchain technology. This platform is a cutting-edge technology integrated ecosystem where every data provider can be connected with the reputed and trustworthy data collector companies through the direct network. Moreover, the platform enables the data providers to earn PDATA tokens in exchange for their data and also allows them to collect their tokenized payments in FIATs. So, join OPIRIA and start sharing your personal data willingly through a secure decentralized ecosystem in exchange of PDATA tokens or FIATs.
If you are willing to invest for the OPIRIA platform’s development please visit, https://opiria.io/register.

FOR MORE INFO CLICK BELOW,

Company Website: https://opiria.io
Whitepaper Link: https://www.opiria.io/wp-content/uploads/2018/01/PDATA%20White%20Paper%2020180118.pdf
Telegram Group: https://t.me/PDATAtoken
Facebook Group: https://www.facebook.com/pdatatoken/
Twitter Pages: https://twitter.com/PDATA_Token
Medium Blog Link: https://medium.com/pdata-token
Youtube Link: https://www.youtube.com/channel/UCW3cOXsxLicxZqRt1TFSmLQ
Linkedin Link: https://www.linkedin.com/company/18291449/

BitcoinTalk User Name: http://nwc.computer
BitcoinTalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1272506