Just read in your medium post: :Datawallet has the potential to significantly impact the lives of billions of people: we estimate that by 2022, a person’s data could have an average value of $7,000 per year." Sounds pretty awesome, can you explain your estimation please?
Look forward!
Our basis for that is - Data is growing at an expanding rate, and becoming concomitantly more valuable. By 2022, data is expected to be the most valuable resource on earth. Data, contrary to most resources, is entirely personal: its ownership is clearly attributable to the individual that created it. The data we produce is slowly but surely becoming the most valuable asset we own.
A staggering 90% of all data has been created in the past two years and this market is predicted to grow 27% per year. In 2012, the Senate Committee of Science, Commerce, and Transportation estimated that the Data Brokerage market was valued at a staggering $156 billion. This is more than four times the revenues the entire casino industry in the US generated ($37 billion) and higher than the GDP of roughly 70% of the world.
For a full explanation you might want to take a look at:
https://blog.datawallet.io/the-data-oil-fallacy-9fb56d56d885
