DATA: Currency of the future?

tcode53 (46)in #pdata • 6 years ago (edited)

What characterizes as data?

As we are very much aware that the digital world is loaded with data, data can be named your advanced photos, your facebook profiles, Besides, your simple every day exercises may include some type of acquiring and trading information whether you know it or not. For instance, leading a simple transaction from your ATM machine includes the utilization of your personal details. Just with data alone, a lot can be predicted about a man. For instance, Doctors can identify whether one is at an expanded danger of growth by breaking down a patient's medical records; in criminal investigations appearance can be detected through face detection technology and that individual would then be able to be followed through their social media profile or past records and apprehended.

IS DATA THE CURRENCY OF THE FUTURE?

According to the research findings of universe study, in the coming five years, data is probably going to increment radically, by the amount to be exact? Extimates create a ball stop number of around forty zettabytes, when you figure it out; it turns out at around 5,200 gigabytes of information for each man, woman, and child in the world. To go further into details, this data will likely be 57 times larger than all the grains of sands on this earth. Experts anticipate that if such data is to develop at this level, data ought to be doubled every two years beginning from the year 2023. As indicated by specialists, today just a small level of your information will be of any relevance; however, by 2023, 33% of your data will be pertinent and will contain imperative individual insights about you. As Data is an ever growing force that cannot be halted. In any case, your data will undoubtedly develop and maybe as of now is. The key lies in managing and how you share your information, to that reason, Opiria and PData Token; a blockchain-based company creating an ecosystem on already established platform with existing customers.

WHY PDATA TOKEN?

PData token will serve a specific function in the exchange of data between end-users and companies within the ecosystem. PData stands out amongst all data brokerage platform

to protect user personal information shared and at the same time providing reliable data for companies to access.

Conclusion

It is the responsibility of the users to secure their personal data and duty of the PData Platform to drive the technology to groom the ecosystem more and make it near to perfect. There is rapid progress in the field of blockchain and fair hope that this technology will become near to perfect one day with almost no drawbacks as PData team work towards making Data currency for the future.