Monetize Your Personal Data Via YDS

paulcoin (39)in #yds • 6 years ago (edited)

In the physical world, security business is not for the faint at heart. Let alone on the information superhighway called the world wide web, where the smallest fraction of second is more than enough to rack havoc.

Early this year in April, there was a breach in Facebook operations; it was believed that 87 million accounts were wrongly used by Cambridge Analytical. From one data privacy violation to another is a normal occurrence in the life of social media giant Facebook. As expected companying legal actions from users and multi-nationals have caused them several million bucks.

Why does Your Data Safe (YDS) resonate with people, so much?

A premier blockchain data management and rewards platform that is GDPR compliant. GDPR is an acronym for General Data Protection Regulation, its implementation on 25th May 2018 was largely anticipated, companies bombarded clients email account in the run-up to the deadline asking them for permission to use their information. Since such sensitive information can no longer be used without owners consent. European Union (EU) put together GDPR regulation to protect the privacy of all individual within the EU and the European Economic Area (EEA).

A huge amount of personal data are explored every day without the knowledge of the owners. Big corporations like Facebook, Google, and Bing use personal data daily to send their targeted marketing campaign to the users of their platform. By 2020, it is estimated the value of personal data will hit 1 trillion euros in the EU. Your Data Safe has positioned itself to ensure that everyone participates in that upside, not just the corporations.

Let's beam the searchlight on four services which are part of the YDS project.

YDS Network
YDS Virtual DPO
YDS Cloud
YDS Academy

YDS Network
Goodbye to days of exploring personal data without adequate compensation. It is envisaged that the value of personal data will hit over 1 trillion euros. YDS is determined to helping the consumer partake in the favorable upside. A personal data rewards platform which is token base and GDPR compliance are what YDS is. YDS network is a storehouse of consumer profiles, the data is then monetized according to owners directives.

The beauty of the whole YDS operation for every crypto enthusiast is that, for each time your data is used, you get paid for it.

YDS Academy
For every company within EU economic area being GDPR complaint is paramount. Unfortunately, not every one of them has required manpower with the needed know-how to ensure that their company adjusts accordingly. YDS Academy is a cloud base educational and training platform. Company staff who enrolled in YDS Academy and complete our insurance training courses will have full competence staff particularly, on areas of GDPR and cybersecurity.

YSD Virtual DPO
Is a virtual data protection officer, whose sole job specification is to secure management of GDPR policies and procedures. Many establishments play down the role of having an expert with required experience to their GDPR compliance unit.

YDS Cloud
Talking Blockchain and it's decentralized nature with GDPR in mind, opens a window of endless application potential. YDS cloud is an encrypted cloud facility use to share and store files. Client's on YDS cloud has "Right if Erasure" of record. For unwanted digital marketing, YDS Automated Opt Out Hot (AOOH) is a handy tool to remove consent from such brands.

ICO Breakdown

Type: ERC20

Ticker: YDST

Total Supply: 741,300,000 YDST

Price: $0.04

Private Sale: Ends September 30th.

Minimum Contribution: $1000

Acceptable Currencies: BTC, ETH, USD, LTC, DASH, EUR

It goes public on the 1st of October 2018.

Soft Cap: $3.7M

Hard Cap $16.9M

There are more to learn about YDS project, here are some useful links.