Deo divine (an African migrant) has made it to the United Kingdom but what he is quite oblivious off, is that though everything looks great, he is constantly being watched. His digital footprints right from the moment he swiped in at Heathrow will be monitored. From his buying patterns, his political leanings, his movie taste, even his sexual preferences just to mention a few, will all be monetized without his knowledge all through the internet and data behemoths. To aggravate the whole issue, his permission is not sought — thus it infringes on his right as a human. This is what we face today, basically every day we go on the web.
Thankfully through the power of blockchain technology, Algebraix steps in to take the power from these data behemoths and restore it back to us the owners. Basically giving Deo the right(s) to decide what should be made public or not, while monetizing his data.
Algebraix : “ Under the Spotlight”
Algebraix aims to level the playing field by delivering a platform (PSV- personal secure vault) which is secure, allows individuals to hide their identities and control by means of smart contract who can access such information and how it is used thus empowering you. You get rewards from organizations and firms who use your data and you can also pay for services using the Alx token.
To get a clearer picture,…
Deo now in the U.k gets to signup on Algebraix, he downloads the mobile app on his phone and updates all his records… yes personal records , basically everything. — You may be wondering why?? But be rest assured, the app has personal secure data store, multiple device implementation, digital wallet(storing ALX token), video ad browsing, anonymous database.
…But how is he going to make money ??
Advertisers will be able to query the database and identify anonymous target list.
Advertisers can now publish their ads to the anonymous target list declaring how many Alx you get for reading or viewing the ads.
Data owner who view the ads or engage the companies will be paid pre-specified Alx amount.
Everything is governed by "smart contract" . All thanks to blockchain technology
He gets to stay anonymous or reveal only bits of his personal information while earning Alx token(s) in return. He may decide to purchase a product or service which will be paid using ALX also. So Algebraix aims to monetize the space giving us power over “our data” — yeah our money.
Conclusion:
No longer do you or Deo divine need "Tor to hide or to know the technicalities involved in using the onion network". Thanks to Algebraix innovative thinking, you will be anonymous and still be able to monetize your data.
For relevant information:
Website: https://algebraix.io/
Telegram: https://t.me/Algebraix_Data
Bitcointalk :
https://bitcointalk.org/index.php?action=profile;u=1270282