Opiria(PDTA)-Decentralized Platform to Sell Personal Data


Have you known a decentralized system that can sell personal data? This is about it. Opiria is developing a platform on which users can trade their private information to companies in interchange for the internal cryptocurrency of the company, the PDATA token. The company has the determined goal of breaking through the current consumer data sector, helping companies gain more useful information and shielding consumers’ privacy. Opiria is already a prosperous company, pays its current users with fiat money and has many important clienteles. However, the company speaks it will invite tens of millions of users in the coming years, and it is not clear whether the company’s file is required enough to show many people to participate.
The Team
Opiria was developed by a reasonably large team, with two managers, nine developers and seven advisors. Although factual information is only providing to leaders, they have significant educational references and expert experience in engineering. The company is headquartered in Germany. Opiria is already a prosperous company; it is simply the adding of your internal cryptocurrency that is new. The company was originated in 2015 and the present platform was launched a year later and since then it has managed to fascinate companies from Audi, General Motors, Intel and Volkswagen. Although people appears healthy, their growth plans seem practical according to their roadmap, they expect to reach 50 million customers in 2021 and 250 million in 2023, but they do not talk about how they want to achieve this Target.
The Technology
Opiria has already developed applications for iOS and Android, as well as a web portal. Users can conduct surveys and earn money almost anywhere and anytime. They say that the entire ecosystem with the PDATA token will be introduced in the first quarter of 2019. Opiria says that his service helps equally customers and trades. Many customers silently accept that their browsing data is collected and sold as a condition for the use of many online services. Opiria allows them to at least pay directly for this information and protects their privacy completely because all data is recorded in an anonymous set of the blocks. Users can choose to provide Opiria with a large amount of data, including information about portable devices, eye-trackers, their location and details about their finances and health, but have full control over what they share or keep private. Companies that rely on this data for both marketing and product development must also rate the data obtained through Opiria because they are more consistent and fairer than those obtained through business monitoring.
Whitepaper Status
The white paper expands a substantial space to address the present state and define the current model of data pool. Essentially, the condition can be brief as follows:
   For businesses to survive, they need products that customers want. To find out what customers want, businesses need customer data.
   Customers do not like giving data, so they give minimal amounts or offer false data.
   Part of the reason customers do not like to provide records is that, although they do not benefit, they are packaged and sold by data intermediaries, who make a profit.
   The poor value of client data leads to an error rate of 70 to 80% for new products.
Opiria’s solution to these problems is to ensure that customers have full control over their personal data and are rewarded for sharing it with the relevant companies without intermediaries or other intermediaries taking a percentage.
The Opiria app
Opiria already has a product on the market, the Opiria app. Customers can download it, create a profile and share initial information in the form of a survey. Companies can contact these customers to conduct other surveys. There is plenty of room in the white paper, but in a nutshell, Opiria currently offers two types of surveys: mobile surveys delivered once and immediately available results when completed and mobile logs that monitor the customer experience with a product or service. Opiria replicates other data in the analysis, such as the client’s GPS position, which allows it to create more complete datasets. Opiria claims that this method is much faster than traditional market research approaches and that its platform already offers information “… 50 to 100 times faster and reduces the costs of consumer research from 95 %.
Now Its ICO Time
The ICO PDATA token is scheduled to start March 26, 2018. A private pre-sale has been completed since November 1, 2017 and will continue until the beginning of the public ICO; Buyers participating in pre-sale have the right to substantial discounts, but are only available on invitation. The Opiria website does not mention how many tokens will be offered in total, but says that all those who have not been purchased during the ICO will be burned. The company does not mention which public exchanges the symbol will be available, but says that it will regularly return tokens to continue paying the users for their participation. The company explains that it will use ICO’s revenue to finance a marketing campaign to recruit new users, and increase the value of the token by creating demand. Companies can rely on Opiria, even if their campaigns will be run on PDATA. Opyria will change the fiduciary payment for PDATA at the market rate, reserves or free market. Consumers will be able to withdraw money from their PDATA once their balance exceeds a minimum number of tokens. This threshold exists “to avoid the consumption of gas for many small transactions in the blockchain”. The more PDATA chips the customer has, the higher the qualification in the platform and the greater the chance that they will be selected for other PDATA earning projects. Opiria claims that this model solves the main problems of the industry, even if intermediaries may not agree. Consumers take control of their data, privacy and compensation. Companies get better data and a lower price.
The Conclusion
The Opiria app presents an interesting idea, and the fact that it has already attracted so many exceptional customers is very promising. However, it’s hard to say how many more users you can attract. The company hopes to launch an important marketing campaign, but its insistence on paying users with its internal crypto currency can ward off those who are not interested in this technology. The company must also compete for businesses with social networking and search engine giants, which produce large amounts of equal data every day and show no signs of slowing down. Investors interested in the PDATA token should expect more information about the currency and issuing company, and note that the platform using this currency will not be launched for about one year after the ICO.
Official Links for More Details
Official Web:https://opiria.io/
AUTHOR
Bitcointalk Username: anja96

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