Re: [ANN] PDATA - REVOLUTIONIZING BROKERAGE OF PERSONAL DATA

I would like to ask a question regarding the data transmission between the company and the users. How do we know that you are more reliable than any other data brokerage company ? What does make you better than everyone else ?

I was about to ask the same question, but i managed to get the answer from different discussions on forums or telegram groups. You are in control of the information, you don't require a middleman to validate/pass the entire information, and you won't be in any situation where ur entire info is being scrapped/corrupted or even taken and sold,for someone to make his own profits without noticing you or whatsoever.

Basically what this guy said is based on BLOCKCHAIN. The data/information you trade will be strictly between you and the company itself, them being unable to manage it without your consent. Hopefully this answers your questions friend.

Hi all, This is a very important aspect of the company, though most of your explanations on this regard was spot on, let me explain further ,
PDATAs trading of personal data is based on the blockchain. Blockchains were built to function in a trustless environment in which people can transact directly with one another without needing to trust any middleman in the ecosystem. The blockchain technology and the PDATA platform ensure following (these are also GDPR requirements):
1. The consumer owns the personal data and has full control over it.
2. Personal data never leaves the consumer in an unencrypted format and only the consumer holds the key to decrypt it.
3. Personal data can only be transferred to a company with the consumers consent. In addition to that the consumer knows exactly who gets the data and for what purpose.
4. The trading of personal data is fully transparent and traceable on the blockchain whereby the anonymity of the trading parties is completely protected.

Hope this answers it