In this case the company already has a heavy responsibility to maintain the privacy of customer data or service users, this began to be a lot of discourse is busy discussed in various parts of the world, but it seems that privacy has not become the most important thing by some managers of the company. Companies sometimes do not explain to customers about the management of their personal data, so this can be a problem because customer information is sometimes personal. From the customer's own side sometimes not too worried about the personal information they provide to the company so this becomes something that is considered normal among the community.
To overcome this it is necessary to take several important steps such as educating the public about how sensitive it is to disseminate personal information to the general public, from the company itself to better enforce the law and ethics on how to monitor personal data. customers and powerful governments should tighten the rules applicable to the above case examples.
A global study entitled "Privacy and Security in a Connected Life: A Study of US, the European and Japanese Consumers," whose implementation is performed by Ponemon Institute reveals, almost most consumers believe that the Internet of Things (IoT) trend brings far greater benefits compared to the impact of privacy-related problems it causes. The research describes the level of consumer awareness and awareness of the importance of maintaining privacy, and the willingness to change behaviors that may threaten their security and privacy, and the level of consumer understanding of the high value contained in their personal information.
The research describes the level of consumer awareness and awareness of the importance of maintaining privacy, and the willingness to change behaviors that may threaten their security and privacy, and the level of consumer understanding of the high value contained in their personal information. However, the findings obtained from this research are surprising, many consumers who said not to hesitate to disclose information, such as name, gender, shopping habits, even health conditions and information related to a particular paid login.
All of the above facts must be a problem that requires a solution to reduce the losses suffered by some parties in this case that became the focus of the customer itself. Departing from the above problems also the Sphere team tried to present the solution with the latest technology implementation method that allows applied to the above problems. To know what Sphere is and how it works, then I will try to discuss it in this article.
Sphere was built on the idea that privacy, company transparency, and data security should be the fundamental building blocks of every social platform. The Sphere team believes that data and information from customers is not the property of the service provider but the right of the customer itself to be maintained in order to bring a sense of security of their personal data and information.
Sphere creates a decentralized social network, apart from the corporate culture that is not important to a customer's privacy. Customers have rights and are compensated for their personal information, and most importantly customers take back power with every connection and every interaction. Customers get their rights back where they should be entitled to get some of the results obtained from their own data.
Social media has swiftly shifted from the simple novelty that initially aims to connect a relationship between friends and share events in everyday life and is now growing as a source of entertainment, news, and community. Of the millions of active users of social media generate data stored by service providers that are often sold to people who bid at high prices, which data and information is used as a destination for advertising and so forth.
Sphere aims to replace all this with something more beneficial to customers, by applying more transparent, honest, and open blockchain technology that allows each user to control their data managed by the Sphere as the party responsible for the data. With a decentralized social network in the Sphere, all your personal browsing and search results are privately and kept securely away from advertisers' eyes and if they want to take a peek, they must pay the data owners in this case the customer with the idea Sphere wants to make changes and as a revolution into social media networks.
To achieve the above objectives Sphere brings with it the blockchain technology, which we know together when blockchain is the basic foundation of a cryptourrency. Sphere itself will present a blockchain-based token anywhere as a medium to run programs hosted by the Sphere team, the Sphere token itself is named Social Activity Token (SAT) where this token (SAT) has the following functions:
a. Social Transactions
These Social Activity Tokens are used throughout the system to facilitate transactions within the decentralized social network.
b. ERC-20 Compliance
Tokens must be maintained in an ERC20 compliant Ethereum wallet to take advantage of the rewards.
c. Tradable
Example wallets include MyEtherWallet, Mist, and Parity. SAT will be tradable on several exchanges.
Token Name: Social Activity Token
Symbol: SAT
Standard: ERC20
Decimal: 8
Total Supply: 1,000,000,000 SAT
Token sale Allocation : 650,000,000 SAT
Price: 1 SAT = $ 0.14
Author
Name: Ahmad Raditya
Profile Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=1282308
