Profede: Placing Worth on User Data

in ico •  6 years ago  (edited)

About Professional Data-

In an average household, a kid leads a very monotonous life. The childhood is spent in keeping good grades, and joining a good college. Our brains are modelled from our childhood that our degrees and our skill sets are going to be very valuable, that education is all about degrees and skill sets. Job seekers have to be up in their toes to be able to join a good business.

There is a constant thrust to learn more, to get the certification, to get the degree. People spend half of their lifetimes trying to go up the education ladder so as to increase their chances of getting seen by a good company. In the end, all it sums up as a person trying to get an good job.

The path of getting it holds no importance. As a college student, I see my classmates frenzied to join summer courses and internships to get a certificate that would be useful to them in future. Colleges also go on and on about participating in every possible event so that the certificate could be added to our resume.

And when the time of job application comes, we just provide our profiles, the hard earned efforts and time consuming lessons, out in the open for all the companies to see, and maybe reject, but get no rewards out of it. All the sophisticated job search platforms present in the Internet, just make our personal and professional data visible and accessible to all. And it just seems unfair that we get no benefits out of it.

About Personal Data-

Internet has made available a lot of free services for us. Services that we use daily and that we can't manage without. Our day starts and ends with applications and their news feed. We create and consume vast amounts of data every day, every minute. Platforms like Amazon, Google and Facebook are flourishing because of the large customer base they have got. Every such platform we use, needs us to sign up, and provide our personal data to them. Do you wonder why does any platform give so much importance to our personal details?

The use of our personal data keeps them at the top of their game. Feeding on our data helps them earn billions of dollars. The data given by us is distributed to marketers and ad companies which use our data to make ads. Our data provides them with an idea about the age group prevalent in that platform, our interests and needs such that they can tempt us with offers and deals which would help their industry grow.

Targeted ads, that are the most prevalent ad form, can only be made by using our personal data. With every search we make or every video we watch or every Facebook post we like, our data is monitored and sent to ad companies to make ads relevant to our information. That is why you might sometimes wonder how telling your friend about this a amazing restaurant over Facebook has brought ads of that restaurant to your feed. We, as data creators help large industries function. But in return, we do not get anything out of it.

About Profede-

If there is a platform, which pays us for the personal or professional data we share and publicize, how wonderful would that be? With such intentions in mind, comes Profede, a platform that integrates blockchain and smart contracts, provides us a place where we have full control over our data, and sharing it means getting paid. Businesses that intend to look over our profiles need to pay in the form of PATO tokens, the internal cryptocurrency of the ecosystem, and this token is paid to the professional whose profile is being visited. Similarly, users signing up for various services also get paid in the form of PATO.

Conclusion-

Profede provides a very attractive offer to users and professionals alike, and finally provides a reward to data creators and includes them in the profit equation of businesses and other platforms. With a decentralized, transparent, secure and safe ecosystem, Profede is hoped to succeed in its idea.

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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The project idea seem good , it all depends on the execution