Revolution in Personal Data Security

Revolution in Personal Data Security

By Barslanhan | ICO Günlüğü | 21 Dec 2020


Nowadays, we are experiencing the peak of the Information and Technology age, the concept of Data emerges as the most important value. Issues related to the use, privacy and security of Personal Data are the biggest challenges facing digital markets. Many studies to solve these have not been able to produce healthy results.

The use of data and its financial values, and some malicious data brokers selling user information without permission and with high money have become the most important problems of the last 10 years. Companies that use personal data for collection, marketing and other purposes are now responsible for the security of personal data and for its proper processing.

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Rapid developments in technology enable information to be produced, processed, stored and distributed very quickly. Especially the fact that information is produced and distributed very quickly brings some concerns and sometimes problems. Today, millions of people around the world are involved in electronic media and transfer too much information to be counted anymore.

It was stated that in the second half of 2012, Facebook collected five hundred terabytes of data per day, and an average of 300 million photos were uploaded to Facebook a day. Considering that Facebook, which has around 1.23 billion users today, is only one of the actors of social media, the importance of protecting personal data will be better understood.

Making personal data a commercial commodity, the rapid increase in cybercrime, which has gained a new dimension every day, and the concerns that arise in the psychology of the society; Considering the extraordinary awareness and ease of monitoring, surveillance, listening and recording opportunities, the extraordinary socialization efforts of human beings on computers or other mobile devices, and consequently, personal data shared in large amounts via social media, personal data will be insufficient to protect according to the provisions of general legislation. It is open. However, the arrangements to be made should not be prepared with casuistic methods in order to keep them up to date in the face of developing technology and changing social order.

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The right to protect personal data is among the fundamental rights and freedoms of human beings, and is of vital importance in terms of the protection of personality, the principle of the rule of law and the deepening of democracy.
Before data is purchased or rented, care must be taken to ensure that the personal data provided is appropriately collected, up-to-date, and that individuals are informed of their rights and that they are allowed to use them. Tap Protocol, which is a decentralized data protocol that makes possession of personal data compliant with the rules and allows companies to rebuild their trust, is a decentralized data collection and processing protocol that aims to provide both personal data security and corporate reliability under one roof.

The decentralized TAP data protocol breaks the personal data abuse cycle. Each user can manage their own digital identity, digital assets - NFTs and personal data, Blockchain approval and license it from organizations for use across the internet by pricing it.

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How does this process work in practice? If you are a new or existing user of the Tapmydata mobile app, you will likewise use it to request data, store personal identification information and digital assets in your secure wallet. The system does not require access to private keys or personal data. The app adopts the method of rewarding TAP tokens for activities that benefit the community, such as sharing data or verifying credentials. It never forgets that you have personal data with the use of tokens and ecosystem. You can then create (or buy more) your own Blockchain Validated artifacts (NFTs) using these tokens. These are things that their organizations buy for marketing, also using tokens.

Tapmydata PDS (Personal Data Repository) is at the center of our platform. At the center of the application is your personal data locker where you can collect and verify your personal data. Besides the personal data locker, the app is also a crypto wallet for storage for the TAP token. They will expand the wallet side of the application to support unsupervised wallets for individuals who know better about crypto and want to have control over their keys.

The Tapmydata application is being expanded to support:

-Verifiable claim support

-Verification marketplace

-Document signing

-Think of the simplicity of applying for a credit application, house rental or any other legal process when you have verifiable and immutable evidence.

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Tapmydata Overview:

Token Name: Tapmydata

Token Ticker: TAP

Token Type: ERC20

İnitial Supply: 100,000,000

Maximum Supply: 100,000,000

The Tapmydata app is a consumer-friendly mobile app available on both Google Play and Apple App Store. You can try it right away.  What is written in this article is not Investment Advice. This article is a sponsored article written for the bounty reward. For more detailed information about the Tap Protocol, you can review the official web links below.

Official Web Links:

Website: https://tapmydata.com/

Telegram: https://t.me/tapmydataofficial

Twitter: https://twitter.com/tapmydata

Linkedin: https://www.linkedin.com/company/tapmydata/

Instagram: https://www.instagram.com/tapmydata_/

Whitepaper: https://docs.tapmydata.com/

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Author: barslanhan

Bounty0x Username: barslanhan

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