Introduction
Data is the most valuable asset in today's digital world. It has become the Oil of Modern World. Every decision of the company is becoming data-centric. As companies collect more and more data making themselves data hub of the world, they fail to realise the true potential of data.
A company can either win or lose depending on his data quality. Multiple agencies are in the race to become data king. They store, clean, and analyse the data according to the business requirement. A consumer's data is one of the most valuable assets of a bank or insurance company. They cannot afford to lose the customer's information at any cost.
But, due to the centralized nature of storage in the traditional banks, it becomes vulnerable to the thefts and hacks. In recent times, we have seen many cases of security breaches and data thefts of millions of customers of top global banks and insurance firms. This is alarming since it affects every one of us. It is frustrating and dangerous for any consumer find that his data is stolen and no longer safe with their trusted banks.
Another issue with the data-hungry world is the frustration of a consumer who has to input his personal information multiple times to the different business platform. This is quite monotonous and cumbersome for someone who has to enter same data many numbers of times.
An ecosystem needs to be created which can solve the issues mentioned above in addition to providing security and transparency to the consumer's data. A Decentralized platform which is not vulnerable and safe from the security breaches and hacks.
Solution
Pikcio is creating an ecosystem where data producers can store their data securely with an option for monetization. It is a decentralized platform based on the blockchain technology to sustain the needs of data theft and data hacks. It aims to create an environment of trust and reliability among potential traders of data. They will be able to buy and sell data that is legal and authentic. The PIKCIOCHAIN is the core of the Pikcio ecosystem which has the following benefits.
- It is a distributed platform based on blockchain technology to collect, certify and exchange personal data. The data producer is the final authority on his data.
- It acts as a marketplace for businesses to trade authentic and legal data in the safe and secure environment. It provides all the other services related to the Data management.
- It uses Smart Contract to facilitate the trade between a data buyer and data seller. Data producers can sell certified data whereas Data seller can buy an original and authenticated data.
- It offers PKC token which can be utilized for the purpose of exchange of value on the Pikcio ecosystem. The token holder can enjoy full services of the Pikcio ecosystem.
Pikcio can be helpful in many use cases such as in financial and medical services where data and information have to be shared and stored endlessly.
ICO Information and Team
The Pikcio team has already collaborated with top Global companies such as BNP PARIBAS and Telefonica. Their platform is found to be successful and trusts worthy. For further progress in the creation of the platform proposed, they are conducting an ICO from 24th November 2017 which is divided into two stages Pre-ICO and Main ICO. Both parts of ICO will be conducted for a period of 14 Days. They have presented their fund allocation map. PKC token is an ERC-20 standard.
The team consists of experts from multiple domains such as business operations, data management, security, and Blockchain technology. Their mission is to provide a safe and secured ecosystem based on blockchain technology for personal data. If you care about your personal data and its safety then you must be part of their ICO which is open now.
Visit :
Website : https://pikciochain.com/en/
Whitepaper : https://pikciochain.com/static/files/PikcioChain_Whitepaper_English.pdf
Authored by : Etheran
Btalk profile: https://bitcointalk.org/index.php?action=profile;u=1108165