PDATA - MONETIZE YOUR DATA by Opiria

chamika (48)in #blockchain • 6 years ago

Many companies around the world need data about their customers such as who buys a product or service from them and what are the customer’s preferences .They and their product really on customer’s data. A product comes to market only after identifying the target customer. In this commercial industry knowing the customers and getting the reviews from them is a very important factor to launch the product. The companies need the reviews form their customers so that they can make perfect product satisfying needs of the customer. Because of it data brokerage industry has been growing fast. So brokers are stealing customer personal data, then they resell them to the companies. By doing this the data brokers are misusing the customer's data privacy and even the customers are not getting any benefit or compensation from it. Also data gathered this way have a very low quality and because of this company product research have high possibility to compromise. This is where Opiria ecosystem and PData Token comes in to play.

Opiria is launched to create a central marketplace where buying and selling of personal data will be fully decentralized and secure It is the first database based on Blockchain, which is designed to securely trade personal data. PDATA creates a central market where businesses can buy personal data directly from consumers without having to deal with intermediaries. The platform emphasizes the anonymity and confidentiality of user data, they are fully protected. This platform allows you to win two parties. you have full control over your personal data and proper compensation. And enterprises get quick and easy access to individual, high-quality consumer data.

How does PDATA work?

To obtain PDATA token consumer need to provide personal data to the company. That can be done by using the Opiria application to your Apple or Android smartphone, you can a profile and add reveal specific information about yourself such as gender, age, country and completing the initial survey in the platform.

The consumer independently decides on all of his personal data that he wishes to disclose and fixes a list of all those who wish to have access to them. The data is completely protected by blockchain technology. Next, the the system will evaluate the personal data of each individual and creates Tokens that accurately express the value of the data consumer provided.

The company, use this Opiria database to Get quick and easy access to the consumer's personal data, compensating them with PDATA tokens. All the data that the company will receive will be specific and of a higher quality because of this system.

Product

The Opiria Web application is the main platform that will allow you to create, complete surveys. Currently, system provide two types of surveys

1. A mobile survey (contains 1 or more questions)

2. A mobile diary (you can answer questions from the diary several times).

Why Opiria?

• Secure trading of personal data

• PDATA tokens

• A decentralized ecosystem with no intermediaries

• Blockchain-based platform

• Rewarding ecosystem

• Expertise team members

• Reliable data source

ICO INFORMATION AND TEAM

650 million PDATA tokens are created for the project in which 50% of the tokens will be issued for the ICO. The ICO will start on 26th March 2018 and continue till 7th may 2018. 65% of the funds will be used for the development of the database while 21% of the funds will be used for the people.

Team

The team believes that people must have the ultimate authority over their data and it their dream to make it happen.The platform is already a success in the market which is only because of its team members. The team consists of full professionals and technical experts in multi-areas including blockchain, sales and marketing, business development and many more. The Dr.-Ing. Christian Lange is the founder and CEO of the project who has great scientific and engineering background. The Marlene Gagesch is the co-founder and CTO of the project who has proven track of managing international software products. Behind these great professionals, there is experienced and professional team members without who project were impossible

Final Words

With the development of the current market, there is also the emergence of new companies in the market. Both the existing and new companies need to develop the products as per the requirement of their consumers. Lots of research and people get associated with such project and steal the personal data of the consumers. I think that we are ready to share our information based on our choices. The multiple features available for the companies to generate specific data will help companies reduce their spending on the market research. One of the most important aspects of the platform development is the security of the data, and they have chosen Blockchain technology to secure their data. How this platform will change the current market of consumer research and data protection is in hands of time, but we are ready for better solutions as PDATA. The opiria is the revolutionary approach which will bridge the gap between data owners and companies and will make data brokerage market more transparent and secure.