Tapmydata: Take back control of your data

According to Forbes, in just over two years, users have generated 90% of the world’s data. The Internet has an enormous amount of information waiting to be retrieved, and each time they use search engines to find answers, users create data.

• More than half of all searches are from mobile phones.
• More than 7 billion people currently use the internet (an increase of 7.5% compared to 2016).
• On average, Google processes more than 40,000 searches per second (or 3.5 billion searches per day).
• Although 77% of searches are done on Google, other search engines also contribute a part to the amount of data users generate each day. At the present time, worldwide there are 5 billion searches per day.

All companies want to have that huge amount of data for advertising purposes or to be able to sell for a profit. But we ourselves don’t have access to our own data. Tapmydata has helped us do just that, it provides all the power to make decisions about our own data.

Powered by end-to-end-encryption and blockchain technology Tap helps empower the individual to take control of their data, and builds a personal data store for them to manage this. At the same time, the Tap platform helps organisations communicate and respond directly to their customers; de-risking and managing the data that they hold.

Data Dialogue

Companies struggle to exchange personal info and credentials in any context — breaking the customer experience.

We offer a channel for communication to flow around a need to share data, consisting of an app for people to exercise their rights, a secure wallet, and a web portal for businesses to manage requests and share data.

Data unlocked

Let’s take the example of data rights: most organisations take a traditional, compliance-focused approach to this challenge involving details buried in privacy policies, web forms, email exchanges and letters via ‘snail mail’. Gartner estimates each request processed in this way cost $1,400, and the volumes are rising steadily…

Our Solution

• Push a ‘case’ to a customer; rights request, client onboarding, location safeguarding check-in
• Customised auto-responses give individuals a threshold level of information on data you hold direct to their ‘phone, without compromising security
• Replace email exchanges with secure chat, AI-driven responses outside office hours
• Built-in identity verification assurance
• Statement of record to the blockchain with full audit trail

Identity Defined

One of the challenges in sharing data is establishing individuals’ identity. This is a requirement of GDPR and CCPA, but the proof demanded by organisations is often inappropriate for the task and can significantly raise their own level of risk.

• For use cases like data rights, location check-in and volunteer onboarding, we offer our own, light-touch ID verification and biometric technology to create a unique set of credentials where a full KYC solution is not appropriate.
• Easy to use — ‘consumer grade’ technology
• Total security with end-to-end encryption
• Privacy by Design from inception
• Open API & Third-party integrations with leading CRM platforms

Token

Data is being used and abused to create silos worth $350Bn annually. Now it’s being weaponised, and central platforms are overrun by brokers and bad actors.

Tapmydata is building a personal decentralised data protocol to break this cycle. Users can each control their own digital identity, mint NFT’s of verified consent and license these to companies who need to rebuild trust.

Our platform is built for interoperability, leveraging money legos, data unions and distributed storage solutions for Web3 partners to engage in our vision. Your Data; Your Destiny.

TAP is Tapmydata’s native protocol token and is issued by TAP Protocol Ltd.

Token Name: Tapmydata

Token Ticker: TAP

Token Type: ERC20

Initial Supply: 100,000,000

Maximum Supply: 100,000,000

KYC and AML solutions will be applied. 10% Bonus will apply to all token holders who pass KYC process.

Tapmydata’s approach to problems is completely different from the rest. Tapmydata does not need user data, it gives complete data rights to users. This is the point that makes the project different and successful.

Social media

Website: https://tapmydata.com/

WPP: https://docs.tapmydata.com/

Twitter: https://twitter.com/tapmydata

Telegram: https://t.me/tapmydataofficial

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

Author

Username Bounty0x: @cathaypacificair

“A sponsored article written for a bounty reward.”