Data; is one of the most vital tools that have companies target ads. but one of the most serious issue is that, top companies and network take our data when we participated in KYC or signed up on a webpage and sell these data without our knowledge nor compensate us. this is what YDS is here to solve. Your Data Safe (YDS) may be a localized information management platform powered by blockchain technology but YDS Platform users will legalise their GDPR (General data Protection Regulation) compliant data by sharing it with third party organizations for selling functions. The YDS Network may be a token based mostly platform that rewards users for sharing their GDPR compliant information. so members can have their own profile and be ready to management and legitimatize their personal information. Also, they're going to have full management over that brands and firms they need to possess contact with.
How it Works
GDPR has modified the means they use information forever. now not will firms use or trade your informationwhile not your consent. The EU Commission predicts that the worth of the private information market of EU voters is ready to succeed in €1 Trillion by 2020. Your information Safe can disrupt this multi-billion monetary unit trade and place the rightful house owners firmly back up to speed of their personal information.
They mission is simple; to alter the means client information is handled and listed via the distribution important , permitting personal information to be used and monetized for targeted selling and advertising, while supporting businesses with GDPR Compliance, practice and DPO Services to confirm the longevity of the YDS “Pure Data” Strategy.
You know that, there's a replacement generation of school savvy customers WHO are getting progressivelyaware that their personal information is getting used for targeted selling. This generation conjointlyappreciate that their “personal information has additional measure than oil”. YDS believe that buyers would be willing to share additional of their personal information for selling and advertising functions if they were rewarded for it. Advertising pay isn't presently distributed amongst the patron and publisher. Instead, solelyinformation Management Platforms and publishers square measure rewarded for sharing shopperinformation that raises the question on why customers can share their information currently GDPR legislation is currently good.
The four Main options of YDS
YDS Network
The YDS Network may be a token based mostly GDPR compliant personal information rewards platform. The YDS Network are engineered via the creation of shopper profiles. this may enable the patron to have and legalise their personal information. “Consumers are ready to management what proportion of their information is shared and conjointly manage that brands and firms square measure permissible to contact them. customers square measure rewarded on every occasion their information is employed.
YDS Virtual DPO
The YDS Virtual DPO may be a feature that may supply the secure management of GDPR Policies and Procedures at the side of a virtual information Protection Officer. several firms don't have a registered information Protection Officer or member of employees with the knowledgeable data needed to manage or maintain the businesses GDPR compliance. They on-line DPO are accessible at a fraction of the price of ancient DPO services.
YDS Academy
The YDS Academy is that the cloud based mostly education platform. They academy can enable firms to confirm that employees square measure trained in line with current laws. mistreatment insurance approved coaching courses, firms are ready to train and manage their employees ability in areas like GDPR and Cyber Security.
YDS Virtual DPO
The YDS Virtual DPO can supply the secure management of GDPR Policies and Procedures at the side of a virtual knowledge Protection Officer. several firms don't have a registered information Protection Officer or member of employees with the knowledgeable data needed to manage or maintain the businesses GDPR compliance. They on-line DPO are accessible at a fraction of the price of ancient DPO services.
YDS Cloud
The YDS Cloud is associate encrypted cloud facility for file sharing and storage. Blockchain and decentralized storage has vast application potential once it involves GDPR. YDS are giving secure storage facilities, wherever they're going to supply shoppers the power to store records, like ‘Rights to Erasure’ and conjointly facilitate information movableness requests mistreatment Blockchain. they AOOB (Automated prefer Bot) can enable you to spot any unwanted digital selling communication and permit for a ‘removal of consent’ from those brands, supplying you with peace of mind that you simply can solely be receiving communications you requested, and knowing you may be rewarded for them.
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