Platform Allows Individuals to Sell Personal Data Launches ICO

Opiria has announced an ICO later next month that allows consumers to get involved with the personal data revolution. Data is the oil of the 21st century, and the platform allows people to take control and monetize their own personal data.


Opiria, a platform which gives people control over their personal data and allows them to monetize is should they choose to do so, has announced their intention to start their ICO next month. With the news surrounding Facebook and Cambridge Analytics whom have potentially broken consumer privacy laws, Opiria’s platform has been getting a considerable amount of attention as of late, since individuals have the ability to control who gets to see and utilize their personal information.


More information can be found at: https://opiria.io


The site explains that in today’s world, personal data is gathered or stolen from people across the world without them knowing. This data is often sold for considerable amounts of money, unbeknownst to the individual, who does not receive any compensation whatsoever.


Opiria is setting out to change. Their platform enables individuals to take control over their personal data, which companies can then buy from consumers by compensating them with PDATA tokens, provided the individual authorizes it. Using the decentralized platform, people can earn money by selling their personal data, taking control of their information rather than letting anyone get a hold of their personal information.


Many Facebook users have decided to stop using Facebook and delete their Facebook accounts altogether through the #deletefacebook campaign over what are thought to be privacy breaches and consumer data harvesting. It has become increasingly clear that individuals do care about their privacy and who has their personal information, and many people think Facebook has not adequately addressed this concern as of yet.


Opiria already has a working product and their platform is already being used by Mercedes-Benz, Volkswagen, Audi, and GM. Currently Opiria is in the process of launching its PDATA token through an ICO, which is scheduled to begin April 21, 2018. Consumers can then elect to convert their PDATA tokens to other cryptocurrencies or for fiat currencies such as USD or EUR.


Their platform is fully secure, transparent, and is fully compliant with the principles of the EU’s General Data Protection Regulation 2016/679.


The company states: “The PDATA token ecosystem consists of consumers and companies, facilitating a two-sided token economy. Companies can purchase personal data directly from consumers by compensating them with PDATA tokens.”


Opiria also has both an android app and app on the apple store for users which can be downloaded via the links below.


https://play.google.com/store/apps/details?id=de.vanillaworks.rate&hl=en


https://itunes.apple.com/app/opiria/id1133083484


Release ID: 319835