Post
Topic
Board Tokens (Altcoins)
Re: Data is the new DeFi - Tapmydata lets people control, own and license their data
by
CryptoCommunityWraith
on 03/12/2020, 16:58:32 UTC
..Each user can manage their own digital identity, mint NFT’s (Non-Fungible Tokens) of Blockchain Verified Consent, and license this for use across the web, receiving value (ERC20 tokens) from organizations.
Does it mean I can create/deploy my own NFT based on my identity?
Something like Digital Identity?
how to prevent misuse of my data by certain companies?99999999999999

One of the things we're doing is enabling people to earn TAP by doing things that help the community - verify data, ID. Once they have enough they can use these tokens to mint NFT's which contain a license for companies to use their consent to get insights into certain bits of their data.

So in terms of 'ID', right now our digital identity is spread across 100's of companies, with a few gatekeepers like credit agencies who verify. Now with Tapmydata you create your own ID and choose to break off bits and license to third parties. This prevents misuse because companies only ever access, not own your data!