Currently, there are a large number of online and offline services, such as insurance, credit, medicine and others. The inevitable stage of interaction with these companies is the transfer of personal user data to companies providing services. Often these data are strictly confidential: bank account number, patient’s medical history, addresses and telephone numbers, names of loved ones, passwords. Unfortunately, the client cannot always be confident in the safe storage and fair use of this information.
In addition, there are frequent cases when companies resell the personal data of users to third parties who use them for marketing research, etc. In addition to personal data, we are talking about the results of intellectual activity, such as articles, photos, videos, etc.
As a result, a situation arises where user data at any time may be in unreliable hands. First, the user may become a victim of losing their data, transferring them to third parties. Secondly, although it is quite obvious that all personal data is the indisputable property of a person, the company receives the greatest benefit from this information. A rather strange situation, isn't it?
The presence of such serious problems in the data market inspired developers to create a project.
WHAT IS DATAXCHAIN
DataXchain is a blockchain platform for decentralized data trading. According to the company's plan, decentralization will help create a new form of data exchange, in which the full rights to their own information belong to the person himself, and not to corporations, as is happening now.
All transactions within the platform are carried out through DXCT tokens followed by recording in the blockchain, necessary to confirm the fact of data transfer.
As a result, each user will be able to create their own information assets and receive dividends from their sale. In other words, the mission of the platform is to create a fair system for the sale of data, as well as to protect the rights of ownership of personal information.
ECOSYSTEM DATAXCHAIN
The main parties involved in the ecosystem are the owners of personal data, users of this data, as well as participants (wholesale buyers of data) of the platform. Each of these counterparties gets its benefit from participating in DataXchain.
PROJECT BENEFITS
USEFUL LINKS
Official website: http://dataxchain.org/ico/main
Whitepaper: http://dataxchain.org/ico/files/DataXchain_whitepaper_en.pdf
Telegram: https://t.me/DataXchain
Twitter: https://twitter.com/DataXchain
Facebook: https://www.facebook.com/DataXchain
Author:
Bitcointalk username: Troma666
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1938095
ETH wallet address: 0xda40436e25Db4242cb51ACaD19242C7762371234