most likely, but any application of this project should be encouraged. what if the fitness devices we used sold our data thru Datum to research centers. then the info is used in research.
Our info could be used in research, science, politics, ads, Tv, etc. everywhere, also to do fraudulent schemes, so be careful where and to who you sell your data, and be careful not to be hacked, I don't think a hacker could get into the blockchain, but they could full the people into giving them the keys, so be careful guys, this project is too good to be accused of bad security when the users are the ones giving their data away by being not careful enough.
Atleast with Datum we have the choice who we want to sell it to, right now we have no idea what Google/FB and other companies do with the data the acquire.
http://wccftech.com/tinder-data-secrets/
Tinder get 800 page data/person.
Every application we are using free is not free actually.
We are giving our precious data to them. Probably if we pay them instead of using our data, they would earn less money.
I hope with datum, things will change.
Excactly. All "free" services make money on selling huge bulks of data, or they poison your mind with adds.