The world is turning into a data-driven society and data has become the world’s most valuable commodity ; the oil of the digital era (ref. Economist ). Everything is quantified or about to be. Personal data is becoming more sensitive and we are more vulnerable than ever before. Now it’s time to reclaim, own and manage personal data.
We've all done it. Those tests that show up via web-based networking media locales promising to uncover what your decision of occasion goal says in regards to you or what creature you were in a previous life.
Yet, what number of us really stop to consider the huge amount of personal data we're surrendering as we continue clicking, and the amount it may really be worth?
Is it time we began saying: If you need to know about me and my shopping, voyaging and living propensities, it'll cost you, because I'm worth it.
Individuals' data is utilized by loads of various businesses. Advertising, insurance and loyalty schemes all hold tremendous swathes of our own information.
Blockchain technology is one of the potential solutions to the vast problems in data economy and data sharing.
With the current increase in digital money and consecutive attention brought to blockchain technology has propel almost every industry to evaluate the benefits of integrating the technology into their operations. One such firm at the leading edge of blockchain innovation is LIBERDY
Liberdy is a decentralized publicizing Data Management Platform (DMP) driven by blockchain innovation that prizes clients when promoters make utilization of their personal information. By doing this, Liberdy intends to convey equality to the computerized advertising division.
HOW LIBERDY COULD HELP US TAKE BACK CONTROL OF OUR PERSONAL DATA
As of now, the web based promoting industry is damaged by two difficulties. Right off the bat, information isn't viewed as a product, implying that clients are excluded in the nerwork. Besides, promoters regularly get wrong date because of persevering perniciousness inside the current frameworks. This front line arrangement is good with the current foundation, acquiring extra advantages, for example, reliability, exactness and forthrightness.
Let me simplify for better understanding, liberdy oversees huge measures of information helpful for publicizing purposes. In the present condition of the market, this information is gathered, overseen and kept on the virtual storehouses of big-time companies, for example, Amazon, Google, Facebook, and others. The DMP framework is only the initial phase in giving back ownership to users. The other phase is to allow users to adapt their information at the correct cost to the most astounding bidder. In the event that everything works out as expected, clients will have the capacity to end up level accomplices with the huge organizations in the advanced publicizing market and the Blockchain innovation will keep everybody genuine since information can't be imitated, produced or messed with.
To accomplish this, Liberdy is bridling the intensity of blockchain and another EU charge, the GDPR. The GDPR states that as of May 2018, the client is the legitimate proprietor of his or her own data. Every single online business gathering client information must make a duplicate accessible, for nothing out of pocket, in an electronic arrangement. This basically implies the information that is so basic to the multi-billion-dollar promoting industry, which is anticipated to develop by 16.5% of every 2018 alone, belongs to you. By reclaiming that information, you will end up being an equivalent accomplice in the internet advertising network for the very first time.
MORE UNDERSTANDING ON HOW IT WORKS
Clients will manage their data utilizing the Liberdy application, which extracts, checks and upload their data. To share information from a particular source, e.g. Google, Twitter, Instagram, or Amazon, the client just taps the pertinent catch.
The application additionally goes about as a wallet that oversees tokens, adjust and remunerates. Liberdy keeps record of information that was shared and the time it was shared on the blockchain. Each time the promoter influences an information to buy, a refresh is sent specifically to you and your balance is refreshed utilizing smart contracts.
Clients will acquire LIB Coin, the cryptographic money driving the system, for the sharing and utilization of their information. They will likewise have the capacity to utilize it to buy items from brands utilizing the platform. Also, if, for instance, you purchase shoes from a Liberdy advertiser you will get money back on your buy. Intriguing right?
TOKEN DETAILS
Ticker: LIB
Token Type: Utility Token
Token Standard: ERC20
Token Price: 1 LIB = $0.1
Soft Cap: $5,000,000
Hard Cap: $30,000,000
Token for sale: 300,000,000 LIB
Total Token Supply: 1,000,000,000 LIB
In summary, data owners are conceivably the best recipients. By recovering their information, out of the blue, clients can wind up approach accomplices in the advanced promoting economy. They are at long last getting paid for an item that they legitimately own.
For information about the team and other relevant inquiries please do visit the links below.
Website: https://liberdy.io
White Paper: http://liberdy.io/liberdy-lightpaper.pdf
ANN: https://bitcointalk.org/index.php?topic=2956533.0
Facebook: https://www.facebook.com/liberdy.io/
Twitter: https://twitter.com/Liberdy_
Telegram: https://t.me/liberdy
Reddit: https://www.reddit.com/r/LIBERDY/
Medium: https://medium.com/@liberdy/its-time-to-reclaim-your-data-85a1775abe73
Author Jentemi
https://bitcointalk.org/index.php?action=profile;u=2181489