The best Start Up of Southern Europe according to official Awards

The best Start Up of Southern Europe according to official Awards

By ManCrypto | Yyg | 17 Mar 2020


The best start-up in southern Europe is Italian, according to yesterday's South Europe Startup Awards

 

The best Blockchain startup in Southern Europe arrives from Bolzano. Her name is Ecosteer, she is incubated at the NOI Techpark and was awarded yesterday during the South Europe Startup Awards. The company, founded by Elena Pasquali, molecular biologist with experience in large companies such as Genpact, Sap, Capgemini, GE Healthcare and Daniel Grazioli, expert in IC&T, has revolutionized the concept expressed by the GDPR (General Data Protection Regulation) and tries to give back online surfers have full control of their information and data.

Nowadays, the GDPR is seen as a wall in front of innovative progress, because it hinders the distribution of data. According to Ecosteer, on the other hand, it is the engine, because it establishes personal property. So everyone can freely sell and monetize their data. The startup has created a platform, the Data Ownership Platform, which combined with the SmartContracts of blockchain technology, manages to monetize the data from connected objects and regulates access by applications and stakeholders. The result? A new "Data Sharing Economy", a shared economy.   «We believe that ours is an important tool for companies that collect data from consumers every day. These are all fundamental data that companies can only use internally so as not to violate the GDPR regulation - Elena points out -. Thanks to the platform, companies could put data back into circulation, multiply its value and create new sales and business opportunities ».  

 

 

 

  «We believe that ours is an important tool for companies that collect data from consumers every day. These are all fundamental data that companies can only use internally so as not to violate the GDPR regulation - Elena points out -. Thanks to the platform, companies could put data back into circulation, multiply its value and create new sales and business opportunities ».

And the areas of application are different: mobility, smart cities and energy to name a few. Imagine an insurance company: with Ecosteer technology they could increase the value of car data, sharing it with stakeholders for different applications, such as management of the company park or up to city traffic management and accident prevention. Or, within large cities, data on air pollution could be analyzed to find effective solutions to reduce it or exploit everyday information to create ad hoc services for citizens.


ManCrypto
ManCrypto

Investor, publisher, former speaker.


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