Monetize your data with Tapmydata

In our present world, operation are carried out based on available data to operators, hence, many organizations are using this means of data gathering to explore people's data while making money off it. These organizations sell people's data to companies needing them for advertisement purposes without the data owner's consent and in the process, they generate fund for themselves and for the data buyers while the data owner is left out of the whole process of buying and selling.

The truth of the matter is that we cannot do without digital technologies which will require our personal data for registration purposes or for identity verification, in the process of doing this, we lose control of our personal data.

Lots of businesses get the best value from data exchange while data owners are losing trust. There is the data booking sector where people's data are traded widely without consideration for transparency leaving data owners no control over their personal data. My bountyox username is ruth.

INTRODUCING TAP PROTOCOL

Tapmydata solution is a network of decentralized protocol and tools created to help people reclaim their digital identity. It has a new and better way for data exchange and value for data. Tapmydata is aimed at giving people control over their data

Tapmydata came with an advanced data rights solutions, linking data owners directly with organizations in need of the data while ensuring security and transparency. It has the ability to deliver consumer grade technology that is reliable using the blockchain technology as a record statement. Check out the website here
Tapmydata helps users reclaim their digital identity in a crystallize unique, verified elements of consent in a NFT which provides a transparently new channel for legitimate counterparties to blend data and exchange value. Data owners can decide to share their data and get their own share of a market worth $325bn annually.

The decentralized Tap personal data protocol breaks the cycle of data abuse. As a Tap protocol user, you can manage your own digital identity, mint NFT (non-fungible tokens) of blockchain verified consent and license this for use across the web while receiving funds from the purchasing organization.

TAP APPLICATION
The Tap protocol has the Tapmydata mobile application where you can request data, add personal credentials and identity details and store this in your secure wallet. The Tap protocol team has no access to any of the keys or data making you the sole custodian of your stored data on Tap.
The application gives Tap token for all activities that add value to the community like data sharing and verifying credentials. You can as well decide to use these tokens to mint your own blockchain verified consent artefacts (NFTs) and you can also buy more token.
The Tapmydata application has a personal data locker where you can collate and verify your personal data. The application is extended to support; verifiable claim support, verification marketplace and document signing. Check the whitepaper for more details.

EARN FROM YOUR DATA
On Tapmydata, you can earn digital currency (Tap token) through sharing your data, requesting data, minting NFT data license and by joining the data pools.

DATA SECURITY
Your data is safely kept with Tapmydata, it uses the blockchain technology in securing your data. Data stored are encrypted making it difficult and impossible to be accessed by unauthorized person.
Tapmydata enables users to own their data completely. Tapmydata team has no access to any of your security keys, hence it is all in your control.

DATA DIALOGUE
Tapmydata can prove that a secure channel combined with a blockchain ledger is able to manage transactions between people and organizations which hold people's data either as controllers or processors, it is termed 'data dialogue'. This platform is expanded to support; data discovery and data redaction to reduce workload for organizations returning data. It is a flexible end-to-end encrypted communication channel.

TAP TOKEN
Tapmydata utility token is known as Tap which govern the protocol's ecosystem, it has been in use within the Tap app for over two years, running initially on the stellar protocol but it's in the process of been swapped for ERC-20 Tap token.

A sponsored article written for bounty reward.