Blockchain technology has been adopted in several areas of life in which people have been giving positive review for the use of blockchain technology. Majority of the time we heard about blockchain application we always its application is limited to financial institutions alone.
Today we will discuss its application in the data management industries which is another major sector of human life. There was an increase in the level of corruption and irregularities in majority of the sectors before the introduction of blockchain technology. But today we have seen the impact this technology have in our day to day activities.
This technology has increased the level of trust and transparency, improved security, decentralization and many other benefits. We will be discussing about its application in DATA sector today and its importance in the sector.
One of the problems of data company has been trust and transparency which has been themajor problem affecting the data industries in some years past. The use of centralized platform to store and keep users data has been has been a difficult one recently as a result of lack of trust and transparency in the platform.
The success of every projects and companies in this era is simply determined the level of trust existing in the platform. Nobody will ever invest in a platform without trust and most of the trust issues always occurred in the centralized platform in which users have no control over their data and information.
It is observed that players in the industry do not have trust for each other. This is why DAYTA has launched a new blcokchain based project that will help all users to store, share their data with the aim of making profits from it in the platform.
DAYTA Is a blockchain based platform that will help users to manage, store and likewise share access to user’s personal data and information in order for the users to get more profits. It is observed most data company always share user’s data and earn money from it even without the consent of the real owner of the data.
The most painful part is that after the company have sold their users data to some other companies, they failed to pay the true owner of the data for in which users and customers often time get angry with this. If users and customers have gotten control over their data it would be so easy for them to trace their account details and know whenever their data is been accessed and sold in the centralized platform.
This is the reason why the centralized platforms are struggling with the issue of trust and transparency. They knew that the moment they gave full access to the customers and owners of the data in their centralized platform that’s the end of their games and that’s why they revoked access to user’s data.
All these difficulties experienced by users have been identified by DAYTA platform and that’s why they have launched a decentralized blockchain based platform which gives users full access and control over their data, The advantages of DAYTA platform is that users can decide anytime they want whether to sell their data or not.
User’s data is one of the great treasures of human life and customers wouldn’t take it easy with whichever companies that sold their data without their consent. Today all the worries of the users and customers can lay to rest simply because there is new blockchain based project called DAYTA which will help with the security of user’s data.
For more infomation about DAYTA project check the links below
- Website => https://www.mydayta.io
- Whitepaper => https://www.mydayta.io/uploads/white_paper/Whitepaper.pdf
- Telegram => https://t.me/mydayta
- Twitter => https://twitter.com/MyDayta
- Facebook => https://www.facebook.com/mydayta
- Reddit => https://www.reddit.com/r/dayta/
- Medium => https://medium.com/@mydayta
- Username btt : saipulboni
- url btt : https://bitcointalk.org/index.php?action=profile;u=2286616
- erc20 address : 0x05EC97B6aa52a342b6e7b235d0C250cEb9C26118