Post
Topic
Board Announcements (Altcoins)
Merits 1 from 1 user
Re: [ANN]LOOMIA - Smart Textile Technology. Founder Maddy Maxey. Sale Early 2018
by
nomadic09
on 04/09/2018, 03:58:50 UTC
⭐ Merited by Vinylriff (1)
What are the basic measures you are going to take for mapping the decentralized data because most of the companies are looking for different types of data, from where you are going to collect the data?

The data is collected by the tile itself that is apart of the clothing. So depending on its application and use case by the manufacturer, it can collect data for how many steps you take, the speed you're moving at, calories burned, to more precise data of location, temperature, type of movement taken. This data is your data, however, and you can choose to sell it to companies through use of data/information exchanges or joining programs by the company of the clothing you purchase from that would relate to data exchange for either tile tokens or other benefits that you could potentially make some money off of. So instead of just being mined for your data, you can make something off of it.