//Wibson: A Decentralized marketplace that provides individuals with an avenue to safely monetize their personal data

Wibson: A Decentralized marketplace that provides individuals with an avenue to safely monetize their personal data

Wibson is a blockchain based, decentralized market place that grants citizens full control of their personal data and also enables them to participate effectively in the money it generates. It creates an avenue where individuals can securely and anonymously sell information. Data buyers and sellers transact with each other directly while maintaining their anonymity as desired through the combination of Wibson token and block chain smart contractsWhy choose wibsonThere is no central authority to actively regulate market participants.Wibson is built on a set of core principles such as transparency, anonymity, fairness and the complete control it grants to its participants over their personal information.Wibson has no central account for data; participants maintain full control of their personal information at all times.Participants maintain control of their own funds in a distributed manner, that is to say that there is no central funds repository.Wibson participants:There are three participants in wibson which are: data sellers (sellers), data buyers (buyers), and notaries.Data sellers: They own the data and also has the right to sell data. An example is a participant selling his/her own personal data.Data buyers: An individual that purchases data.Notary: Notary serves as an arbiter between the data buyers and sellers, and as a verification system to verify participants information when required.In conclusionThe wibson marketplace presented in this write-up, not only does it benefit the consumers by providing them the full control and ability to monetize their personal information, but it also grants corporate marketers and advertisers access to high quality, accurate data. Individuals would be able to generate income from their personal data.http://bit.ly/2DtAjCO Username: Ebyluscious

Wibson is a blockchain based, decentralized market place that grants citizens full control of their personal data and also enables them to participate effectively in the money it generates. It creates an avenue where individuals can securely and anonymously sell information. Data buyers and sellers transact with each other directly while maintaining their anonymity as desired through the combination of Wibson token and block chain smart contracts

Why choose wibson

  1. There is no central authority to actively regulate market participants.

  2. Wibson is built on a set of core principles such as transparency, anonymity, fairness and the complete control it grants to its participants over their personal information.

  3. Wibson has no central account for data; participants maintain full control of their personal information at all times.

  4. Participants maintain control of their own funds in a distributed manner, that is to say that there is no central funds repository.

Wibson participants:

There are three participants in wibson which are: data sellers (sellers), data buyers (buyers), and notaries.

Data sellers: They own the data and also has the right to sell data. An example is a participant selling his/her own personal data.

Data buyers: An individual that purchases data.

Notary: Notary serves as an arbiter between the data buyers and sellers, and as a verification system to verify participants information when required.

In conclusion

The wibson marketplace presented in this write-up, not only does it benefit the consumers by providing them the full control and ability to monetize their personal information, but it also grants corporate marketers and advertisers access to high quality, accurate data. Individuals would be able to generate income from their personal data.

https://wibson.org/

Bounty0x Username: Ebyluscious