Opiria Swot Analysis For Investors And Enthusiasts
Opiria is a decentralized blockchain-powered platform which provides variety of marketplace opportunities in the data brokerage industry. It is designed to specifically eliminate the middleman challenge by providing a secure and transparent platform where personal data can be traded between companies and data owners.
Here is analysis of some of the strengths, weaknesses, opportunities and threats (SWOT) of Opiria that will help potential users to make informed decision about whether or not it offers a better platform than existing ones.
STRENGTHS
Opiria removes the opaqueness and insecurity of personal data which are current issues in the data broker industry. Opiria employs a blockchain technology that ensures safety of data supplied by customers to companies.
With Opiria, the process of data transfer is seemless, transparent and secure with both consumers and companies.
There is no place for middleman in data transactions between consumers and companies. That is, the two parties have a direct access to each other in the process of data trading.
Opiria sanitizes the data broker industry by removing all forms of shady deals connected with inaccurate and incorrect data provided by costumers. Opiria also helps in providing a compensatory platform for data providers.
WEAKNESSES
Opiria mobile app has some shortcomings including inability of its users (companies) to track facial expression of data provided by customers.
As it is currently, Opiria platform is still unable to ascertain the authenticity of data provided by customers.
The mobile app lacks features that could enhance visibility; hence, Opiria has not gained enough attention it projects to achieve..
OPPORTUNITIES
Opiria platform has a huge opportunity ahead of it because of its unique feature of decentralizing data brokerage industry and makes companies have access to correct and accurate data.
With its unique features of providing a platform where customers can monetie their personal data, Opiria is billed to attract vast number of subscribers- companies and customers and rise to become the biggest platform for clients in blockchain.
Providing greater cost and time-saving opportunities for consumers to sell their data and companies getting accurate data, Opiria stands a chance of reaching a huge milestone in blockchain industry. For consumers.
With its feedback mechanism, Opiria has an edge to oust and outperform all existing platforms, whether centralized or decentralized.
THREATS
Opiria will face serious antagonism from current data players, who cash in hugely on playing the middle man role of extorting data owners. The existence of Opiria will adversely affect their business operations.
Also, Opiria will face a threat with a number of decentralized blockchain platforms and data brokers researching on ways of providing solutions to issues relating to data trading and integrate Opiria greatest features into their platforms.
CONCLUSION
It is clear from the analysis above that Opiria has an edge that outweighs its weaknesses and potential threats. Having scaled through the first stage of soft cap sales, Opiria has a huge chance of excelling in the block-chain business despite the threats.
To know more about the project, you can visit the following links;
WEBSITE: https://opiria.io/
TELEGRAM: https://t.me/pdatatoken
BITCOINTALK ANN: https://bitcointalk.org/index.php?topic=3076122.new#new
TWITTER: https://twitter.com/PDATA_Token
FACEBOOK: https://www.facebook.com/pdatatoken/
AUTHOR:Nwankwobtt
BITCOINTALK PROFILE LINK:
https://bitcointalk.org/index.php?action=profile;u=1811995
Eth Address: 0xDedb6039f564d50f107D6C27794Cd2C283E878d0
To get upvote from @wafrica, the post needs at least 300 characters! Please describe your work in detail ;-)