The increasing importance of data over the past few years has been well documented. The major negative aspect to this is that those who actually generate majority of the data still fail to comprehend the magnitude of the power they wield and we have not been helped in anyway by large self-seeking organizations looking to monetize our human value. You only need to cast a glance in the direction of professionals like musicians and writers who regularly need to display a high degree of originality to understand how important the data we generate really is.
I'll leave it to you to imagine how much of your personal value you loose when the data you generate is peddled behind you, taking all rights to your property out of your hands. In the midst of this grave concern lies the basis for the creation of the Unification Protocol.
Introducing the Unification Protocol
According to the projects whitepaper, “Unification is a blockchain-agnostic ecosystem of Data Providers, Data Consumers and End Users that utilises blockchain technology, machine learning and auxiliary software components to allow the monetised, secure transfer of data”.
The structure of the Unification Protocol is constructed around a web of smart contracts with the goal of handing over the control of data flow to those who actually generated the data and give them the right to data monetization. Being based on the blockchain, the Unification Protocol ensures maximum security and transparency for users which was not previously afforded to them.
Prospective Importance of Unification to Business Processes
A few of the cases in which Unification will potentially enhance business processes include;
● Enhancing data transfers among varying business divisions with the goal of optimizing partnerships and the improvement of user product experience.
● Enhancing data transfers with external bodies while improving partnerships and user product experience.
● Incorporation of efficient crypto payment gateways so as to improve monetization potentials.
Unifications Tokenomics
The total amount of generated UND tokens stand at 1 billion and only 25% (250,000,000) of the generated tokens will be put up for sale. The project has a hard cap of 40,000 ETH of which only 5,000 ETH will be reserved for the public sale.
Price Per Token
1 UND = $0.075
Conclusion
Due to the increased importance of data (human value) in our everyday life, there is the pressing need for a method of handing over the keys of the data to those who generated it. By improving the channels of data transfer and enhancing monetization potential of data for individuals and enterprises, Unification is about to bring huge grins to the faces of countless people.
For further information, visit any of the following links;
Official Website: https://unification.com/foundation/
Whitepaper: http://go.unification.com/whitepaper
Telegram: https://t.me/UnificationFoundation