Learn The New Way To Monetize Your Personal Data
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Have you heard the Cambridge Analytica-Facebook scandal?. It is the hot topic of discussion on a lot of places like television channels, online forums and other social networks like Twitter. A lot of developments are going on in the business world since that news broke during last week. The US-based FTC (Federal Trade Commission) has mentioned in its press release that it will be investigating the privacy issues on Facebook. Many companies like Mozilla have temporarily paused their advertising campaigns on Facebook. Not only that but also the shares of Facebook went down.
Do you know what really happened? It is said that Cambridge Analytica was managing the campaign for US president Donald Trump. They have allegedly gathered a lot of personal information of nearly 50 million people without their knowledge and utilized the data to help the US president Donald Trump to gain victory in the US presidential elections. Let’s not worry about the US president. Instead, we will shift our focus on the sharing of personal information.
In the above scenario, all the other players (Facebook, Cambridge Analytica, etc.) have gained a lot of profit for sharing the user's personal data. Some people will be interested to share their personal information to the public while few others will give so much importance to privacy. For those who would like to share their personal data, why can’t they found some to monetize their content? Why should they share the valuable information to social networking platforms like Facebook without getting any benefit for the same?
You may think how the companies are going to benefit from your data. Do you know what type of data they are looking for? Check out the value of your data as given below:
- Providing feedback about a product (Value: 50-100 USD)
- Your email address (Value: 50-80 USD)
Do you know? B2C companies have already invested a huge amount of 50 million USD for gathering personal data about the users. In a nutshell, data will be the new fuel for the next century.
Opiria has created a new platform to help those people who are interested to share their personal data and make money for the same. What is Opiria? Opiria is a blockchain based transparent marketplace for the buying and selling of personal data. Here, the companies can directly buy the data from the consumers by eliminating the middleman from the picture. For selling your personal data, you will be rewarded with a unique token named PDATA tokens. You can redeem the PDATA tokens for cash. The companies will be spending PDATA tokens to send consumer surveys to the users. To learn more information about the PDATA tokens, please visit our Website.
Opiria has a working product already which is used by many Fortune500 companies. It is available as an app for both iOS and Android platforms. Some of its clients include Nissan, BMW, Audi, P&G, etc. The ultimate aim of Opiria is to generate a passive income for the users by sharing their personal data directly with the relevant companies. Kindly visit https://opiria.io/static/docs/Opiria-PDATA-Whitepaper.pdf to learn more information about the Opiria platform.
Although my upvote is small I am happy to share it with you.
Although my upvote is small I am happy to share it with you.
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This post has received a 3.73 % upvote from @boomerang.