PDATA SECURE TRADING OF PERSONAL DATA
Hello buddy, if you want to invest in Initial coin offering program (ICO) then I have ICO info which is very good for you to follow that is PDATA
PDATA is a new token that will be available on ICO, As in all new ICOs, we found that Investing in PDATA (which is one that works on the Ethereum network, and therefore can be incorporated into an ERC20 compatible wallet as myetherwallet,
trying to submit applications to blockchain technology in the investment world.
Greeting profit for us all, on this occasion I will review a little about Understanding PDATA
Opiria, an Ethereum based blockchain platform, plans to create the world’s largest decentralized marketplace for secure, fair and transparent trading of personal data. The current system of data aggregation is opaque and unregulated; customers often feel violated and companies are unable to collect enough quality data to reach their market research requirements. This leads to substantial losses due to improper data collection.
Data brokers operate inconspicuously behind a veil of secrecy and a good number are evidently stealing personal data, and packaging and reselling it as a commodity to companies worldwide. By doing so data brokers are violating consumers’ data privacy and not even compensating consumers
In sum, the current system is opaque and uncontrollable; consumers’ privacy is violated; and companies hardly get enough quality data to meet their market research requirements
Consumers worldwide are becoming increasingly aware of these violations and have begun to actively protect their data privacy. An ensuing cat-and-mouse game where, for example, consumers block their web browsing cookies may be answered by the surreptitious gathering of IP addresses, and so on.
Companies worldwide desperately need to know their customer. They need fundamental human insights about consumers in order to design innovative products and services that fuel desire, which leads to sales. Companies also need precise data from and about consumers to perfectly target marketing and sales activities. Now companies face an arms race in growing demand for consumer data as the world becomes more interconnected and new competitors emerge. This is why data brokerage became a 250 billion USD per year business. The data brokerage industry grew 13.5% in the past 4 years and is expected to grow at the same rate during the next years.
how does Opiria work?
The Opiria platform uses PDATA Tokens as the currency that can be used to procure and trade data. The PDATA tokens can be used by companies to buy personal data directly from consumers. Customers are compensated using the PDATA tokens which are enabled using smart contracts on the blockchain. The Opiria-platform and the PDATA token system promise to democratize the brokerage of personal data by giving individuals the choice to securely sell their data to the company of their choice, in a secure, fair and lawful manner. The platform also promises to give companies access to real, reliable, high-quality consumer data while being aligned with General Data Protection Regulation (GDRP) guidelines. For the first-time consumers can control who can access their personal information and receive the proper compensation for providing their personal information. Customers can finally choose what data they wish to share via the Opiria database.
The more information they share, the more valuable their profile becomes. Companies can ask the consumers for permission to access their disclosed personal data via the Opiria platform. Once the consumer gives permission for accessing his data, a smart contract is created between the consumer and the company; the consumers is paid in PDATA tokens and his data is released to the company. As the data flows directly from the consumers to the companies, it negates the middlemen or data brokers from the system, who have been using unfair means to acquire and sell data.
With no middlemen, users can expect to earn up to $5,000 per year using Opiria. That’s about 625 beers per year (and we are talking about the good stuff), or 325 pizzas (again, thick crust Italian). Or you can have up to $30,000 extra saved for your retirement, in just a few years!
So what are you waiting for? Your next dream vacation is just a few clicks away. We are currently in presale mode for contributions of $2,500+ and bonuses of up to 20%.
ight now, the Opiria consumer research platform is helping top companies worldwide to understand consumer needs and requirements. By using the Opiria web-application and the Opiria smartphone app, our customers have a direct line to consumers and can get their opinion and feedback, worldwide, 24/7, in real-time.Our existing consumer acquisition strategies include paying consumers to join or take surveys and partnering with companies that will grant access to their client databases
In contrast to most TGEs who just sell ideas, Opiria already has a real product with real customers.
The blockchain-based Opiria & PDATA Token ecosystem is going to be built on top of an already existing business with already existing revenue. We believe the addition of PDATA Tokens will disrupt the 250 billion USD per year data brokerage business and become the gold standard for companies interested in accessing consumer personal data.
Furthermore, due to the easier and better availability of personal data thanks to PDATA and Opiria, we expect the whole data brokering market to grow.
why do companies need personal data?
In the era of marketing 2.0, companies need to check some vital aspects of their business before innovating, starting with the need to know and understand their target customers. Before starting this process, however, personal data needs to be collected, processed and interpreted. The more personal data, from as many sources as possible, the better and more telling the sample will be and hence one’s ability to profit from it. A typical approach is to analyze a large number of touchpoints and use the data obtained to generate actionable forecasts from those and, as a result, derive new products and services from that data. Personal data drives this understand-design-advertise cycle, which is why we believe personal data is the new oil of the 21st century, as we are following along similar lines to the oil boom 100 years ago.
Personal revenue stream
Personal data is created as a byproduct of normal, daily activities, with opinions themselves carrying much weight in terms of data-desirability. As consumers sell this personal data to companies, the PDATA tokens they are recompensed with provide a personal revenue stream that supplements income without adding more work for users, while also being, in essence, a renewable trade good, unique to each user.
PDATA token — your reward for being an honest trader
The PDATA token creates a marketplace where businesses can buy personal data directly from consumers without any middlemen. Given that up until now users had their data unwillingly taken by data brokers, our new system will allow a flurry of new data to be available from those that up until now have secured their data behind multiple barriers, in an effort to retail data privacy.
Consumers can sell to companies personal data like their opinion about topics of interest, feedback on how they use and like products and services, data about how they browse the internet, data from wearables and smart devices, smartphone usage, what they buy online and more … in exchange they receive PDATA Tokens they can cash out for real money. Thus, consumers can create a passive income stream by monetizing their personal data.
General Data Protection Regulation (GDPR)
Opiria and PDATA are fully compatible and compliant with the new General Data Protection Regulation (GDPR) legislative changes rolling out EU-wide this year, that aim to primarily give control back to consumers over their personal data and to simplify the regulatory environment for international business.
These include:
Consumers have to give consent for processing of personal data
Personal data has to be pseudonymized and stored in an encrypted way
Consumers have the right to access their personal data
Consumers have the right to know who will process their personal data
Consumers have the right to rectify and erase their personal data
Personal data processing activities have to be recorded
Data has to be protected by design and by default
PDATA token and ICO terms:
PDATA is a cryptocurrency for internal use providing utility for both the companies and the consumers. PDATA tokens will be used by consumers and companies to interact with the Opiria platform. The value of your personal data will be reflected in the PDATA tokens and companies will need PDATA for purchasing these data from consumers. Consumers will earn PDATA tokens by participating in surveys and selling their personal information.
Pdata token specifications:
👉 Token name: PDATA
👉 Token standard: ERC-20
👉 Total supply: 750 000 000
👉 Token price: 0,1 $
👉 Minimum contribution per person in the first hours of crowdsale: 0.5 ETH
👉 Payment method: ETH.
ICO terms:
Token public pre-sale is scheduled to start on the 10th of April and will end on the 20th of April. Main-sale will begin on the 21st of April and last till 21st of may. At present private-sale is ongoing but entering costs are quite high - starting from 50000 USD so it would be better for smaller investors to wait until public pre-sale stage.
The project team:
The Opiria software development team consists of nine full-time developers having good experience in the related fields (personal data protection, blockchain technology, Android and iOS applications, software architecture, data transmission, and marketing).
It is obvious that the founders of the project (Dr.-Ing. Christian Lange and Dipl.-Inf. Marlene Gagesch) have made good efforts in selecting the main staff and advisors. Such approach should result in the stable development of the Opiria platform. The full list of the team members and advisors can be found on the official website by following the link: https://opiria.io/#team
Conclutions:
We deal with a very interesting project related to personal data protection field. At the current stage of social development, it is very important for the companies to understand consumers` needs in order to design better products and services. The Opiria platform project team gives chance for both sides (consumers and companies) to take benefits from personal data sharing through issuing PDATA tokens and managing data in the controlled and smart way. This undertaking is very promising in terms of high return on investments so let us take a closer look and keep tracking the progress of fundraising and advertising campaigns.
The Opiria project contact details:
• Project website: https://opiria.io
• Twitter: https://twitter.com/PDATA_Token
• Telegram Group (Open Chat): https://t.me/PDATAtoken
• Facebook: https://www.facebook.com/pdatatoken/
• BitcoinTalk (Forum Thread): https://bitcointalk.org/index.php?topic=3076122.0
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