TAPMYDATA, THE NEW SOLUTION TO ONLINE PRIVACY

INTRODUCTION

The advancement in technology has caused the internet to become a sort of mining field, with consumer data being the mineral mined. While some people make use of the internet to get entertained or updated, many others are creating wealth silos with an annual worth of about $350Bn from the data of others. A classic case is that of Mark Zuckerberg who made use of the data of his fellow students to kickstart his business, Facebook, without their consent. This, and many other examples, is what has led to a lack of trust and confidence by people and will need lots of sincere work to win back this lost trust.

Sanctions such as that metted out on Google by the French data protection watchdog, CNIL should be adopted for companies breaching the privacy policy of their users. The internet giant (Google) was fined €50m, an equivalent of £44m, for failure to present the information on its data use policies in a transparent and comprehensive way.

A surge in online businesses has only helped in weaponising data in a way that questions the privacy of online users. But privacy policy shouldn't be something to be begged for. It is one way to humanise AI and privacy tools provide a level playing field for both tech companies and their consumers.

THE TAPMYDATA PROJECT AND ITS SOLUTION TO CONSUMERS DATA

According to the information on the project's website,

"About 85% of consumers have lost trust in the ability of companies to safely store their personal data and would gladly boycott any company that do not guarantee the safety of their data."

This critical problem inspired the birth of the tapmydata with its ground breaking innovations.

As a solution to growing concerns about privacy of users online, Tapmydata is building a system that allows users to take control of their digital identity and give consent to companies who wish to build trust with them. This system works by decentralizing data protocol, allowing users to achieve a personal control of their identity.

The Tapmydata platform is aimed at promoting interoperability and leveraging on other media that are involved in data storage such as data unions, to foster their vision which is: Your Data; Your Identity.

With their mobile apps, the platform helps thousands of users to control their data and other resources they share online. As a user, aside from storing and earning from your data, you can also mint and buy NFT's (that is, nonfungible tokens) with Tapg technology. The platform provides a secure channel where users can share data, have a secure wallet, exercise their rights and manage their business requests through a web portal.

Basically, tapmydata improves upon the traditional methods employed by most organizations in the following aspects:

• By pushing a 'case' to a customer. This includes rights request, client onboarding and location safeguarding check-in.
• By customising auto-responses. This provide individuals with a basic level of information on the data they wish to share without compromising their privacy.
• By replacing emails with secure chats in addition to AI-driven responses designed to function outside of office hours.
• A built-in identity verification aassurance One can request a statement of record from the blockchain with full audit trail.

TAP TOKEN INFORMATION (TOKENOMICS)

Tapmydata has its own platform token known as TAP. The tokens are 100 million in total. Of these, about 15% was offered to the public recently in a public sale event. 15% are reserved for the team, 15% for stakeholders, 11% for advisors, and 44% held in reserve for future development of the platform.

Although information on the website has it that the public sale tokens would be the only tokens in circulation for the first 6 months, you can earn some TAP tokens right now by providing liquidity on uniswap.

Why should you get the Tap token? What's in it for you as a token host?

Well, as an early supporter of the Tapmydata project and a tap token holder, you'd be privileged to have a say in the distribution of the reserve pool and also participate in other major decisions and community governance through votes.

NOTEABLE FEATURES OF THE PLATFORM

Tapmydata has user-friendly features amongst which are:

• An easy to use consumer grade technology
• Complete security with an end-to-end encryption.
• A privacy by design as default setting.
• Open API & Third-party integrations with leading CRM platforms

In summary, Tapmydata helps in rebuilding trust in its users even without signing up to any terms and conditions! What's more, access is free!

Further information on Tapmydata can be gotten from their social media channels: Twitter, Telegram, Discord, and of course their official website.


References

• Disclaimer:*
  This is a sponsored article written for a bounty reward.
  Bounty0x username : Diana1