Opiria & PDATA - Secure trading of your personal data

ezine (40)in #ico • 6 years ago

Overview

Collecting personal data of the users and selling them to the companies for huge money is considered a big problem in the modern world. The main concern and the dilemma are almost all the time the owners of those data even are not aware of it. Even the companies make big profits by trading the consumers data they will not give those data owners even a penny. Every year those company makes over 250 billion US dollars by selling the privacy data of the users.

Why a company needs our data

Companies require your inputs, your idea to come to a decision how they should plan their product and how they need to deliver their service to you and what sort of things do they need to add to the current product to improve it etc. They need all these information from you for their benefits like to make profits, to make better products etc. This is ok. But even the middleman and the company makes huge profits if they don't give you even a cent?. Sounds unfair.

What about if we have a system to solve that problem like a system that can secure our data and if we can sell our data only if we wish to do so?. Mainly if we can make an extra income by selling our data?.

PDATA is here

This is where PDATA comes into the action with Blockchain technology to help in the transfer of that personal data in a safe and more obvious way. It is a decentralized marketplace for the secure and safe trading of your privacy data powered by modern Blockchain technology. A company can ask for your private data from you and If you wish and are willing to share your details with the company then they will give you PDATA tokens for doing that. You can convert your received PDATA tokens to the real money whenever you wish to do so. With the Blockchain technology, the privacy of your data is absolutely secluded and you can make profits by trading your personal data to the companies and on the other hand, the companies have quick and direct access to the more accurate users' data at any time they want it.

The company behind all of this is called Opiria and it is already a real-world product with real consumers and currently, it is being used by internationally reputed companies like Volkswagen, Audi, General Motors, BMW, Nissan, Mercedes, Benz, Intel, etc. The Opiria has previous experiences in dealing with personal data and has also created apps for both Android as well as Apple that go along these lines.

Team

Always the team of any project is the key factor to the success of that project. With vastly experienced team members of PDATA the project has a bright future in this industry.

Token and ICO details

• Symbol: PDATA
• Token type: ERC20
• ICO Token Price: 1 PDATA = 0.1000 USD
• Hard cap: 30 000 000 USD
• Available for Token Sale: 60%
• Accepts: ETH
• Product Type - App
• MVP- Alpha
• Unsold tokens will be burned

Final Word

PDATA is going to dramatically change the centralized market of personal data by replacing a decentralized market with it and it offers more value to the personal data. PDATA plans to establish the first Ethereum based decentralized Blockchain based marketplace to make the trade of personal data safer than ever. The decentralized market that is going to be built by PDATA will enable the company to get personal data directly from consumers without no third party engagement. Also, the owners of those personal data can make real money by selling those data to the companies without any middleman. By considering these details, this is an ICO that everyone needs to pay their attention.

Important links