Here's a medium article on -Why is Personal Data the oil of the 21st century?
Christian Lange, Founder and CEO of Opiria & PDATA token explains everything on the blog.
This is the most important article you'll read all week. 💪
"The internet has made it easier for businesses to launch new products and services, but also easier to waste time and money, and fail. The human imagination can launch endless new products and services."
https://medium.com/pdata-token/why-is-personal-data-the-oil-of-the-21st-century-819a65e769a0
Also research has it that the downside and bitter truth of this development is that 70–80% of all product innovations fail, which leads to investment losses of more than 12 billion USD per year.
The good news is that there is a solution for these serious problems!
The solution needs to be fully transparent and secure, while providing an open marketplace that enables and ensures the following:
● Consumers can control with whom they share specific personal data
● Consumers get proper compensation for providing personal data
● Personal data flows directly from consumers to companies with no middlemen
And that is exactly what Opiria will be doing.
With this, the Opiria platform still gives owners right privileges to costumers to control their personal data, especially as they would have the opportunity to connect directly to the companies.