OPIRIA PLATFORM

kitanodebunmi (36)in #pdata • 6 years ago

Ever wondered how manufacturing companies such as Nestle, Procter & Gamble and even automobile manufacturing industries get their insights to what products or services to render. Also how companies like google and the online shopping platforms we have now keep making their sustaining impact to the world; apart from doing lots of market surveys, they rely mostly on consumer data.

Consumer data or personal data is the information emitted from the vast public knowingly but most times unknowingly. For example, when people make use of google to inquire about various things, each click emits some amounts of data which google makes use of unknowingly to the public.
Companies need these data from customers in order to aid their product and services design and target those designs to satisfy the needs and wants of customers. They need this data to avoid cases of producing products that would not bring about a substantial sales volume.

Unlike in the past where companies make use of personal data without the consent of the public, people now make use of shielding methods that prevent the use of the data created by them; customers now block their IP addresses while browsing to prevent the unethical use of whatever data they create by their use of the internet. A general solution to the unethical use of consumers' personal data cannot be over-emphasised. A global solution is required in which consumers have control over their personal data and are properly compensated for their personal data; personal data is transferred directly to companies by consumers without the use of data brokers. This is what Opiria is offering.

The Opiria platform is in conjunction with Pdata token to create a global decentralised marketplace where companies can effectively buy personal data from consumers without the influence of data brokers.

What exactly does the Pdata token do?
The Pdata token effectively puts a value on consumers' personal data and creates a digital currency to that effect. When a consumer decides to transfer personal data from his/her profile within the Opiria platform to a company that requires it, following the transfer the consumer gets paid in Pdata tokens the equivalence to the data transferred. The biggest advantage of Pdata is the secure trading of personal data.

Most times, data brokers might not possess the specific data needed by companies hence the Opiria-Pdata combination; they essentially remove data brokers from the equation and make it possible for data transactions to be made directly between consumers and companies.

The Opiria Ecosystem.

The vision of the Opiria Ecosystem is to Establish Pdata token as the currency that depicts the value of consumers' personal data, essentially enabling the monetization of personal data.

The Pdata Token Generation.
The total supply of Pdata tokens is 750,000,000 PDATA with a token price of 1PDATA=$0.1. The token distribution is as follows:
60% of total supply would be issued to the Token Generation Event.
13% would be used for development fund (data purchase and community development)
20% goes to the team.
5% goes to the advisors and 2% to the bounty campaign.

Use of Funds generated.