Madison Maxey is the Founder and Technical Lead of LOOMIA. You can read more about Ms. Maxey and the rest of the LOOMIA team here: https://loomia.com/team/ and LOOMIA's History here: https://loomia.com/history/ We have patented hardware, strong B2B partners, and are building on STORJ + Blockstack for swifter execution. Integration with Bancor too.
LOOMIA’s Data Exchange is being designed to operate concurrently in an ecosystem that allows users to collect data and sell it to brands and consumer research firms. Simply put, when a brand requests some specific type of data, it flows through the network reaching all users with the amount it will be paid on fulfilling the request. Each user’s app will reply with the data if it meets the user’s threshold requirements. In exchange for their data, users get TILE Tokens deposited into their wallet in the TILE application. Another way to think of it is matching buyers with sellers. Let’s say a Brand wants all weather data and use on leather jackets from the northeast for a specific amount of TILE tokens. Any user who has agreed to sell that data for that garment at that “price” will have that bid matched, and the exchange of tokens for data happens automatically on both sides.

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