TAPDATA: A Futurestic Crypto Project

Manish Bhandari
5 min readDec 17, 2020

INTRODUCTION:

Tapmydata app is now avilable for both android and ios user. If you are new user at Tapmydata mobile app, you can operate it withinside the equal manner to request information, upload non-public credentials and ID, and keep this to your steady pockets. They don’t have any get right of entry to any of the keys or information.

They make it easy to use app and ask question, and companies to provide data using their secure channel on the phone only you and the companies you talk to can see the data, not even Tapmydata can see your personal data.

It’s really important to know the person requesting data is who they say they are so we encourage them to verify their ID, then the app use public-key cryptography to create a secure channel. The new user have to finished KYC. Which they are using now at token sale. The app also has secure file share and chat function, with a record (but no personal data) made to the public blockchain.

The app awards TAP tokens for hobby which advantages the network, like sharing information or verifying credentials. You can then use those tokens (or purchase more) to mint your very own Blockchain Verified Consent artefacts. These are what establishments buy to be used in focused advertising, additionally the usage of the tokens. While tasks like Brave and Swash have helped make human beings conscious their information has price and this will be realised through crypto, they nevertheless paintings withinside the limits of the present day AdTech machine; I receives a commission for my attention, or for my surfing records to be offered to advertisers.

Future Plans and Goals:

What is the most important thing in these world nowadays to interrupt the grip of internet cookies, banners and middlemen and free up human beings’s information for them to very own, proportion and liberate its price?

People suffer for shear their data. Which take place of problem. Information can do anything in this digital world so many bad people buy information and those people who sell information like privateness, security are rooted withinside the authentic layout of virtual markets. And fixing them is one in every of the largest prizes of Web 3.

They’re growing the constructing blocks for human beings to play a brand new function with their commercially-treasured information, in which they’re withinside the riding seat. Rather than see commercials for some thing I offered remaining week, I can allow agencies recognise I’m withinside the marketplace now to shop for a kettle, hardware pockets or an coverage policy. Advertisers can purchase those consent artefacts at scale, incentivising customers with tokens.

The Tapmydata answer is a framework of gear, ledger and decentralised protocol for human beings to reclaim their virtual identity, crystallise unique, proven factors of consent in an NFT and offer a brand new, obvious channel for valid counterparties to combination information and trade price.

Data is Destiny: Their undertaking is to present human beings manipulate in their information and leverage collective company in how it’s used, whether or not to proportion or get their piece of a marketplace worth $325Bn annually. This bureaucracy a essential pillar of the brand new accept as true with financial system this is changing the information silos of The Old Web.

TAPDATA POSITIVE & NEGATIVE PHASES:

Everybody need to be allowed to extrade their mind, inclusive of the largest winners of the present day machine. The hassle is, with the manner information is getting used and misused presently the engine of boom for Web 1 & 2 is redlining, in extreme chance of exploding.

GDPR, CCPA and comparable guidelines in nations starting from Brazil, through India to Japan have raised the stakes on fines and ushered in a lifestyle of litigation for breaches and misuse of consent.

Regulators, advertisers and publishers are outgunned they can’t control the myriad of players, intermediaries and capacity horrific actors who capture, manipulate and make cash from purchaser information. Meanwhile, structures have acted as a regulation unto themselves, however the route of tour is clear — farfar from 1/3 celebration manipulate and unfair awareness of the rewards from information trade toward man or woman manipulate, company and a primary celebration courting with advertisers with transparency and honest price trade baked in.

Future Journey & Plans of TAPDATA:

Tap has weaponised GDPR to let consumers take back their data from organisations and exercise their rights. The most exciting feeling for TAPMYDATA team is It feels disruptive, organisations don’t particularly want to be releasing data back to their customers so they put a lot of blockers in place. They help to remove these blockers and make the process seamless and enjoyable for the consumer whilst ensuring organisations are meeting their obligations in a secure and scalable way. The most difficult task for their team is fundraising is hard and really time consuming. There’s not a clearly defined right way to do it so you spend a lot of time learning on the job.

TAPDATA TOKEN ALLOCATION:

To take participate in the token sale users will need to download the Tapmydata app from your favorite app store, then whilst precipitated observe the commands to finish KYC/AML checks. You will now no longer have the ability to take part withinside the token sale until this has been finished consequently all steps need to be followed.

All this may be executed via an integration with Balancer to offer an exceptionally easy KYC/AML answer for Balancer Liquidity Pools.

When is the token sale?

Starting on the 14th December 2020, the TAP auction will run for a complete of weeks and quit on the 28th December 2020. Any in addition information following this submit may be up to date withinside the Tapmydata Telegram channel.

CONCLUSION:

Tap provides a secure two way street between both organisations and individuals when it comes to access requests. Individuals are provided with a secure and easy to use mobile app to send data requests, whilst organisations are able to respond quickly and securely.

Subject access requests don’t have to be laborious and tedious for everyone. Tap offers a quick and simple way to do this and gives organisations and their customers a way communicate effectively and transparently about personal data.

Know More About TAPDATA here through their Social media & Website:

Website: https://tapmydata.com/
Telegram: https://t.me/tapmydataofficial
Discord: http://discord.tapmydata.com/
LinkedIn: https://www.linkedin.com/company/tapmydata
Twitter: https://twitter.com/tapmydata
Instagram: https://www.instagram.com/tapmydata_/

AUTHOR:

Name: Manish Bhandari
Email: manishbhandari845@gmail.com
Bounty0x Username: @manish007
Eth Address: 0xffAd4836B73A1CE5D86230e98Cb3E52cde35379e

“A sponsored article written for a bounty reward.”

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