Reclaim The Ownership Of Your Personal Data And Get Paid For It!
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In the light of recent events involving Facebook and Cambridge Analytica, there’s an ever-growing need for people to protect their digital footprint from events like these that have the ability to overthrow countries. Worldwide companies depend on the data you freely give away for their insights products, in fact, a whopping 250 billion USD is the net worth of the personal information on a yearly basis.
Blockchain technology can offer the gateway to escape this market where the data producer is taken out of the equation; it could provide the means to sell it for a fair price and the ability to share it with companies they agree with or want to sell to.
The Pdata token: Monetize your data on the blockchain!
The folks at Opiria have created a marketplace where users can benefit from a passive income in the form of selling their personal data. They have created a thriving data marketplace that currently serves global customers but thanks to blockchain technology, Opiria wants to bring this marketplace to the next level with the help of the Pdata token.
Building on top of the Ethereum blockchain, Pdata will be an ERC20 token that will be able to make use of the Smart Contracts feature for releasing and getting paid for the sold data. As the platform grows organically, Pdata will slowly become the global marker of value for personal data.
The data cycle on the Opiria Platform
Once consumers and users register on the platform, they can choose what sort of data they want to share for selling. Full data privacy and security is achieved thanks to the distributed ledger system. Once the data is sold, users receive Pdata tokens for their contribution.
Companies, on the other hand, can rest assured that they get the highest quality data directly from the users, cutting any middle ground that might pump up the prices. Opiria has already a successful product that helps top 500 customers to enhance their customer experience and aid their marketing efforts as a whole.
The current way data is shared, puts users on the spot, and it is sometimes conducted in a veiled way because the consumer does not get any monetary compensation in this whole deal. Thus we see everyday bars being raised by the large consumer base to stop this process of data stealing.
By using the Opiria network together with the Pdata token, we will see a sudden shift in the collective mind because with such a platform on our hands we can get directly compensated for the data share.
To make the platform a reality, Opiria is looking to raise 30 million USD through the token sale event. The fully operational Pdata token ecosystem will be done by March 2019 with a projected quarter of a million consumers by the end of 2023.
So if this peaked your interest, find out more about how you can participate in this data revolution at:
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