Measurable Data Token – Decentralized Data Exchange Economy
What’s Measurable Data Token
Today, we are living our digital lives creating massive amount of data from everything we do. Big data is the new oil, yet the ones who contribute the most of it are unaware of that treasure. Most service providers collect users’ data with no intention to disclose the reason and the intrinsic economic value, meanwhile, users trade their data unconsciously in exchange for a free app or service.
What if users could control their data and be rewarded accurately for the value it creates?
The solution is a decentralized, transparent data exchange economy, based on blockchain technology.
We will now introduce Measurable Data Token (MDT), a crypto token for a decentralized data exchange ecosystem. MDT connects data providers, users, and data buyers, and denominates the data’s value when exchanged. MDT enables a more efficient, transparent and honest market for data trading.
The first component of this ecosystem is Open Messenger, a messenger solution based on the email protocol. Open Messenger connects users with a smooth communication experience. It will be the first service to adopt the MDT ecosystem and utilize it as a payment system to reward all parties involved.
Our vision is a Decentralized Data Value Exchange Economy for everyone in the digital world.
Traditional Data Trading
A traditional data trading model mostly consists of three parties: Data Provider, Data Buyer, and Users.
In the current model, only the economic incentives of Providers and Buyers are aligned, but in the new model we propose, incentives of all three will be aligned.
Data provider is the medium where data is generated. It can be an app, a website, or any service that acquires and retains users. Use cases for the collected data include:
- Tracking users behaviour for product enhancement
- Precise advertising where revenue is shared with advertisers
- Selling anonymous user data to third party buyers
The buying entity can be a merchant, advertiser, investor, big data institute, or other company that requires the data to predict trends or make decisions. As an example, a consulting company without direct access to first-hand user data could purchase data from a third party provider.
Since it is difficult to verify the actual source of the data, mostly buyers do not have guarantees from any party that the data they got is real, clean or even legal.
End users who willingly or unwillingly share their data with all other parties. In the current model, their data sharing activities have no economic gain.
Measurable data airdrop
Get MDT token free
👉 Link to the AIRDROP https://coinclub.global/airdrop/
2. Input your ETH address and click “Submit.”
3. Enter your email address.
4. Copy your Referral Code and visit the MDT bot.
5. Press “start” and send your code. Note that the bot may not request your code upon pressing “start.”
6. Join the official MDT Telegram group.