More and more people are realizing how powerful data is and need to be protected. Data is the new oil, and companies like FB and amazon are the new petrodollar oil champions in the world. Fortunately, blockchain provides a reliable way to break these islands of data and create a world in which data can be liberated by sharing data while still maintaining the same ledger or its original ownership, allowing creators to be rewarded.
Data is the sum total of our existence at this time. The world has evolved that at this time, anyone who has the most data controls the others. Its has become something so pronounced that what every company goes for now is data as that is what will determine whether they will survive into the future or they will whittle away before the next decade. However, the major issue is the security of the data which have been compromised in no small ways but the blockchain has come with a solution to that providing a transparent immutable way to store data.