In the modern world personal data is one of most the important elements for companies to conduct their research and development. Although this kind of data is important for creating for understanding customer demand and as well as their need, still there is no standardized system for compensating the customers for their private data sharing. There are several highly reputed companies or social media platforms which enable the customers to share their personal data through their platforms, but in exchange, they give them not a single penny as compensation. Moreover, these companies do not even ask to take consent of their customers before trading their personal data to other big companies like Intel or P&G. As result customers are starting to lose to towards their personal data sharing platforms and feed them with fake information and data, and as the customers do not provide their original data, therefore, the companies who need those data for their research and development they are failing to get purest data for proper validation and utilization. That is why it has now become imperative to create a system through which personal data can be traded democratically with highly reputed companies, and customers or the personal data providers can sell their data in exchange of proper compensation by utilizing a secure network system. The company which is creating such a system is PDATA. This is the company which has planned a project to create a high-tech platform ecosystem and a dedicated tokenized transaction mechanism for not only to help the data collectors but also to helps the data providers with the opportunity to monetize their personal data with crypto-token using the decentralized network system of the blockchain. And thanks to them the personal data trading is becoming more democratic and freely accessible by the personal data providers, and data providers are getting the chance to directly trade their data with the companies they are willing to trade.
In this article, I am going to represent the PDATA and its project to create a democratic platform for personal data trading by utilizing a dedicated token system for supporting the overall operation.
WHAT IS THE MAIN OBJECTIVE PDATA?
PDATA is an organization which works with personal data and for personal data. The organization wishes to develop a platform and a token system through which personal data providers can monetize their personal data in terms of PDATAtokens. The company has taken this initiative to create a trustworthy relationship between data providers and data collectors through a decentralized network-based platform where personal data is being transferred with high-level encryption and it is get delivered directly to reputed and trusted data collectors who can use them for future research and development.
PDATA NETWORK SYSTEM
The network system of PDATA is Ethereum Blockchain based decentralized network chain where all data are secured within unit blocks with high-level data encryption. All the data within this network are safe, secure and untampered and are provided by the original data owners. So, there is no chance of fake data and the data collectors can use those data for effective product development by understanding the needs and demands of the customers accordingly. And by doing so, the data collectors can generate better output and develop new and improved products which coincide with the needs of their loyal customers. Moreover, as the blockchain enables the network to be decentralized, so whenever the data providers get compensated they get all the payments properly as per their contribution level.
If you have more information to know about the PDATA network system please feel free to visit, https://opiria.io/, or, you can read their detailed whitepaper from, https://opiria.io/static/docs/Opiria-PDATA-Whitepaper.pdf.
OPIRIA PLATFORM
The PDATA’s platform is OPIRIA which is a high-tech platform for personal data trading. This platform is built on a decentralized blockchain of Ethereum and offers a secure and transparent ecosystem for personal data providers. Here, data providers will have full control over their data, and data passes only if the data owner wants it to pass. Here, data collectors are Fortune 500 companies which are the world’s leading brand with an excellent reputation. Data providers will get a request for data from those companies and by providing data to them the data providers get PDATA tokens as their compensation for sharing their data for the development of the data collector companies. This is a platform with utmost transparency and no hidden rules.
For more information about OPIRIA please visit, https://opiria.io/, and to learn in more details please read whitepaper from, https://opiria.io/static/docs/Opiria-PDATA-Whitepaper.pdf.
PDATA TOKEN SYSTEM
The PDATA token is the liquidity for OPIRIA platform. This token is an ERC20 based utility token for compensating data providers and to enable data collectors to purchase data from the PDATA database. This token is going to be generated through TGE or Token Generation Event and around 750 Million PDATA tokens will be generated. The token will have real-time value in the market and each token can be purchased with 0.1 USD, and the price of this token is going to be adjusted regularly as the ETH value changes in the market. The PDATA tokens are to be sold in three phases. These are,
- Private-sell,
- Public pre-sale, and
- Public Sale
HOW TO INVEST IN THE PROJECT?
PDATA accepts ETH, BTC, XRP, so if you wish to purchase PDATA tokens then you can purchase them using these currencies by sending them via your wallet. The token will be distributed accordingly to their buyers at the end of TGE. As the token value will increase over time, therefore investing in this project is certainly a good idea.
CONCLUSION
PDATA Company has launched a revolutionary project to create an ecosystem for secure and democratic personal data trading where data providers are the most important participants in the network. This is an organization which has already won the trust of Fortune 500 companies and enabling them to reach their potential customers directly for collecting their personal data through secure data encryption method. The company has a team of highly experienced technical experts, blockchain developers, financial advisors and talented programmers who are relentlessly trying their best to develop both the Opiria Platform and PDATA token system. I am sure the way they are approaching towards their goal, the day is not so far when they can reach all their milestones with groundbreaking success. So, I strongly recommend the investors to invest in this project.
And for investing in this project you can purchase PDATA tokens by registering at, https://opiria.io/register.
For More Information Please Visit This Links:
Company Website: https://opiria.io
Whitepaper Link: https://www.opiria.io/wp-content/uploads/2018/01/PDATA%20White%20Paper%2020180118.pdf
Telegram Group: https://t.me/PDATAtoken
Facebook Group: https://www.facebook.com/pdatatoken/
Twitter Pages: https://twitter.com/PDATA_Token
Medium Blog Link: https://medium.com/pdata-token
Youtube Link: https://www.youtube.com/channel/UCW3cOXsxLicxZqRt1TFSmLQ
Linkedin Link: https://www.linkedin.com/company/18291449/
BitcoinTalk User Name: lolaguffey
BitcoinTalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1272490