In the wake of social media information scandals, start-up Hu-manity.co is asserting that people should have the right to control their own personal data. Based in Princeton, NewJersey, Hu-manity.co will utilize the IBM Blockchain Platform as a decentralized ledger that ensures both security and transparency. The blockchain platform will be further leveraged to help control and manage personal data consent, authorization and commercial use of information.
The main goal of Hu-manity.co is to expand human rights to include the right to control personal data. This focus is currently fighting against the backdrop of growing concerns around the misuse of personal information and human data. The company isn't just locking away user data, but also aims to give users full control over their information and have the right to sell it too.
User-Controlled Personal Data
Hu-Manity.co Wants Users to Have Control Over Their Own Data Online
Trend Themes
1. Decentralized Personal Data - The trend of decentralized personal data empowers individuals to control and manage their own information online.
2. Blockchain Technology - The use of blockchain technology provides the necessary security and transparency for managing personal data in a decentralized manner.
3. Data Ownership and Consent - The concept of giving users full control over their personal data and the ability to sell it introduces disruptive innovation opportunities in the data privacy and consent management space.
Industry Implications
1. Data Privacy - The data privacy industry can explore disruptive innovation opportunities in developing platforms and solutions that enable individuals to have ownership and control over their personal data.
2. Blockchain Technology - The blockchain technology industry can capitalize on the demand for secure and transparent data management systems in the context of personal data control and consent.
3. Consent Management - The consent management industry can innovate by providing tools and frameworks that enable users to easily manage and monetize their personal data.