Data privacy and misuse of data have been the center of focus ever since the Facebook’s Cambridge Analytica scandal broke. Ordinary people have realized that big corporations misuse their data to make money or to have larger implications such as impacting the elections. A Blockchain company called Datum! is working on the product that uses blockchain to secure the data.
The Datum Client gives power back to the individual users. It allows users to securely store data on a blockchain and control its uses. The user will have the option to let companies use data for a price or even for free. The big change that could occur is that it will empower the normal users and help that earn from the data that is being used.
The data will also be stored anonymously ensuring that the privacy of the user is protected. At no point in time will the user ever lose the control of the data as prevalent in the market today. The project is backed by a robust team and a concrete plan that takes care of all the aspects in the due course. You can check further details in the Datum Whitepaper from here!.
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