The MyDATA™© App, your digital twin, stores and manages your sensitive, digital and dynamic data on your primary mobile device. The app is secure and only releases information datasets following the transaction step exchanging the data token LEASED for monetary returns.
The Smart Asset API operated over the SagaChain blockchain ensures the transaction is fair and agreed-upon by both parties under Liechtenstein blockchain law. The term sheet ensures clarity of Data, Currency, Duration and legal jurisdiction of the transaction, regardless of the data subject's location.
The Marketplace ensures Data Owners and Data Beneficiaries are identifying opportunities to provide and acquire valuable datasets for market and competitive intelligence. All information found in the Marketplace is generic, non-specific and indicative of datasets therefore no data is being shared outside the Smart Token Exchange.
With analytics and large datasets in consideration, the client web-portal manages and structures the dataset to be interpreted. Interfaces to popular analytic platforms such as Alteryx, Tableau or R to ensure a smooth transition and enhanced usability.
YOUR DATA belongs to YOU. Personal Data is used broadly to refer to all types of sensitive data, but within the context of the GDPR, it’s defined as any information “related to an identified or identifiable natural person.” The natural person portion is particularly important in how it relates to another key term, data subject. In order for data to be considered personal data—and as a result, protected by the GDPR—it needs to be associated with a data subject, or “an identifiable natural person. ”Tokenization of secure Personal Data with MyDATA™© PDT will empower the individual to own and control their Personal Data Ownership and Monitoring.
KeyAdvantage of GDPR Tokenization - A major benefit of tokenization is that in the event of a data breach, an organization may not have to notify the affected individuals. If a threat actor infiltrates your environment, token keys—not personal data—are the only information that could be stolen. In effect, no data breach will actually occur; therefore, there’s no need to issue a breach notification.
The MyDATA™© concept began its journey in early 2021 following the passing of the Liechtenstein Token and Trusted Technology Service Provider Act in 2020 (TVTG or Blockchain Act), a first of it's kind in the world. Based on the first comprehensive regulation on the token economy, we identified an opportunity to tokenize DATA and challenge the current exploitation.
Today MyDATA™© is developing a global solution to DATA Monetization with the MyDATA™© PDT considering the strict, but fair regulations such as GDPR, CCPA and other global data privacy acts. MyDATA™© LLC is based in Austin TEXAS and is a woman founded enterprize.
MyDATA™© DApp, web-portal, token exchange and marketplace will be developed on the SagaChain from PraSaga.
