PROFEDE- enabling to control your data

in ico •  6 years ago  (edited)

INTRODUCTION

Today is the age of data and everything about us and all our details are stored on the digital platform. Big data and artificial intelligence have gained a large momentum and that is why all the big and small companies are adopting these advancements in IT to integrate it with their traditional system. There are infinite number of smart applications that have their web versions too and are used by users to avail different services. Today there is an app for everything where users can make an easy login by registering with their basic details. All this data is stored by the companies and not only saved but this private information is sold by the companies to the third parties. Companies like Facebook, LinkedIn and other social networking accounts gather and analyse the customer's data for their own benefit. As the social networking sites are growing rapidly, people are sharing their information on these digital platforms without any security of their data. A lot of companies are expertise in data scraping where they collect huge chunks of data and undergo deep insights to draw conclusions as per their need. The data of customers is sold to third parties for manifold purposes and it is also used by advertising agencies. Also reports are prepared on the basis of data analysis done and then these reports are sold to interested clients for a good amount of money. So the primary need of the digital economy is to eliminate all those middle men and third parties who are involved in selling such valuable data to earn money for themselves. And PROFEDE is the platform that aims to create a decentralized platform for companies where they can get professional information without the use of any middlemen.

PROFEDE

Profede is a decentralized digital platform that works as a repository of information of professionals from all across the globe to help companies in recruiting qualitative professionals in the most cost effective manner. A lot of websites are used to submit and share the data by individuals for recruitment purposes. But Profede is a lot different platform that helps its users to control their data and also earn money on it. The professional who generates his or her data can control its viewers and also a price has to be finalised which the viewers have to pay. And the company who is interested to gain the information has to pay the required amount which is sent to a smart contract address. So the platform is backed by a token system and the technology of smart contracts. The trading is done in terms of PATO tokens. Not only this but Profede also helps the users in generating sales for any of their product or service. The users can get their products verified in the community which will help to build more trust. Through the platform the sellers can reach the relevant professionals' profiles and do good amount of advertisements required. The platform is integrated with the block chain technology which helps to create safer profiles and store all their information with access limited to only those the creator of the data wants to. Only verified data is stored on the platform so the company has access to only reliable professionals.


CONCLUSION

The platform is continuously working to bring new and innovative features to increase its scalability. It has also developed a platform on ethereum test net which will be launched later this year. The success of the platform is bound to its smart, dedicated and professional team who works towards a solo goal of giving full control to users over their data.

Website - https://profede.com/en

Whitepaper - https://profede.com/profede-whitepaper

ANN - https://bitcointalk.org/index.php?topic=3262112

Telegram - https://t.me/joinchat/AFpTXgkzZZjESOaSB1wRCQ

Published by - smithjones

Profile - https://bitcointalk.org/index.php?action=profile;u=1936039

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I think the ICO of the company will be a successful one as it removes
the data privacy issues for all its users.