Pdata
Introduction
Hi dears, another interesting project is being started. First of all, for who missed previous entry, what's a cryptocurrency? To be fast and concise, it is a digital medium of exchange. And the next question would be... What's your use? It is also easy to guarantee the security, integrity and balance of your financial statements by means of a network of agents (segmented file transfer or multisource file transfer) that verify (untrust) each other called miners, which are, for the most part, general public and actively protect the network (the web) by maintaining a high rate of algorithm processing, in order to have the opportunity to receive a small tip, which is distributed randomly.
All this racket of cryptomoney has been increasing exponentially, however, most people know nothing about how blockchain technology works, what a smart contract is and how it could be used. For this very reason, I will first of all carefully introduce this type of block chain technology.
Blockchain is a decentralized general ledger. It is a computer network that has an identical copy of the database and changes its status (records) to a common agreement based on pure mathematics. All this means that there is no need for any central server or any entity we trust (e.g. central bank, notaries, banks, paypal, etc.). The blockchain is the technological basis for all cryptomontages, whether Bitcoin, Ethereum, Hyperledger, etc.
Big Data is a fertile field for blockchain developments and the interesting platform boom that we have been getting to know these days, as demonstrated . In this opportunity we will talk about the Opiria Platform, PDATA token ecosystem, and its benefits in this area.
This ecosystem is a complete platform created for the safe and transparent purchase of personal data, allowing consumers to create a passive source of income by monetizing their personal data. Interested companies can buy personal data directly from consumers, and without intermediaries. The PDATA token, in addition to being the utility token of the platform, is the cryptocurrency that expresses the value of the platform’s personal data. This platform is created with the vision of developing a global decentralized market based on blockchain for the safe and transparent commerce of personal data.
As is well known, companies around the world constantly need personal data from consumers to understand their profiles, needs and inclinations in order to design products and services aimed at fueling the desire to buy, as well as to orient accurately the activities of respective marketing and sales. However, one constant is that consumers have no idea that their personal data is sold to these companies and they do not even receive compensation for it. In addition to the abusive, unethical and immoral lack of this regrettable but massive practice, consumers have not had the freedom to choose what data to sell and who to sell it to.
With the Opiria platform, consumers and companies will be connected wherever they are at a global level and a decentralized market of personal data will be developed that aspires to be the largest of its kind in the world. Opiria and the PDATA Tokens will encourage the democratization of the intermediation of personal data through the provision of blockchain technology, which provides security and transparency, as well as giving the possibility to users owners of personal data to choose who they sell at any time their personal data through the platform.
It is not an unknown fact that organizations spend millions of dollars each year gathering data about their consumers. The data helps the organizations create and sell better products to gain a competitive advantage in the market and stay ahead of the curve. With the recent uproar related to data privacy and data mining, the blockchain platform Opiria is giving back control to users.
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.
So 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.
Consumers and companies interested in personal data make up the ecosystem of PDATA tokens. Companies can buy personal data directly from consumers by compensating them with PDATA tokens, and consumers receive PDATA tokens for providing personal data to companies, naturally. Thanks to the blockchain’s natural mechanisms, the anonymity and privacy of consumer data are fully protected at all times. The PDATA token gives economic value to personal data and thus serves as currency.
Companies interested in acquiring quality personal data and efficiently can have the guarantee of access to the platform, where contacting consumers directly can receive more specific data of higher quality that will help them make the best decisions for the creation of new products and services as well as to better guide the marketing and sales activities of those products and services.
Consumers will go up the level of the platform as they get more negotiations with companies. Thus the categories or levels are bronze, silver and gold. The higher the level, the greater the chances of being contacted by companies, as their visibility will be greater.
Opiria will soon make a public sale of PDATA token, which we have named token generator event (TGE) and that will take place on April 15, 2018. In order to avoid an imbalance of buyers and sellers of tokens, Opiria retains the 13 % of PDATA tokens issued.
To know more details of this platform and be updated about its public sale of tokens, we recommend following them at their Telegram channel.
Opiria is already a running platform
Unlike many startups, Opiria came to the ICO, already having a minimum finished product. The platform is already used by many companies from among the 500 largest in the world, and its branches, which are primarily engaged in searching for customers who are ready to buy data from users, are already working in 4 different cities, covering the largest economic centers of the planet.
And this is only the beginning: the core of the team consists of scientists and IT-specialists from leading universities in Germany, and among the advisers included many prominent economic, political and public figures. And we all know the detailed German approach to the case: what Opiria is now - it is only a “run-in of ideas”. "Blitzkrieg" will be after the ICO, which is still going on at the moment till 14th of July.
Conclusion
The market where Opiria fights for a place in the Sun is one of the most highly competitive among blockchain developers. There are a lot of startups here: from a scam projects to the most powerful competitors, secured with the support of transnational corporations. Competitors can try to "crush the kettle until it becomes a locomotive.” However, Opiria's chances of success are very high - The project has a very strong team, which has chosen the right direction for the application of efforts and strives to provide its users with customers. Plus, supporting big business in our world solves a lot.
For More Information:
Web Page: https://opiria.io/
WhitePaper: https://opiria.io/static/docs/Opiria-PDATA-Whitepaper.pdf
Twitter: https://twitter.com/PDATA_Token
Telegram: https://t.me/pdatatoken
BTT Bounty: https://bitcointalk.org/index.php?topic=3081090.0
BTT ANN: https://bitcointalk.org/index.php?topic=3076122.0
Author:salsa24
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