Want to Convert Data to Money?

stazhao (61)in #bitcoin • 6 years ago

Thinking about starting a garage sale? How many options do you have on your list to sell, do not forget to add your data to that list. Selling your own data might sound ludicrous but it is actually very possible, because believe me when I say numerous firms out there have already been buying your data, only they never paid you for it. Yes, that is true your data has been sold to firms by other firms, and you were never compensated for this data.

I know it feels bad man but, what can you do, right? Well actually now you can partake in the sale of your own data. There is this new upcoming company in the cryptocurrency ecosystem called Swipe. Swipe is making their own blockchain, and a platform with SDKs (software development kits). So read on to figure out how you can monetize your own data!

Money and Data!

So, like I said earlier the Swipe team have their own software development kits on their platform. Any developer who uses the Swipe SDKs will essentially be locked in on the Swipe platform. Which means whenever the app developer decides to take your data and cash out, the transaction they make will be powered by the Swipe blockchain.

Okay, but doesn’t that just mean the app developer gets to take the money from selling my data. Yes, he does, but you will get a nice chunk of it too. Because the Swipe platform has built in smart contracts that will automatically transfer a portion of the funds directly to you. This way you do not need to trust the developers to pay you once the transaction is complete.

My Data is Mine!

For those of you who don’t like money or just do not want to sell your data, well then the Swipe platform is also ideal for you. On the Swipe platform you can choose to partake in the sale of your own data or, if you like you can choose to opt out of the Swipe data selling market. All you have to do is opt out, and then your data is no longer up for sale… you also won’t get any money from it but that’s your choice.

After all is that not what we truly want! The freedom to choose, to choose whether or not we want to sell our data. Fight for what is yours and join the blockchain revolution today.