Apple has earned US $42.8 billion by sharing the consumer data, (Frier, 2018).
The data generated from an adult is worth about $35 per month.
The data brokering indust generated a whopping $150 billion in revenue (2012).
Facebook paid $39.6 for single WhatsApp’s users.
Email of a single internet user is worth $89 to big brands, (Medium).
A person’s data can be used simultaneously by many firms, that is, data is nonrival. Nonrivalry data used broadly across firms, leads to social and financial gains to the consumers and deliver increasing profitability to firms that are optimal.
Consumer’s data stored & financial transactions conducted on Blockchain***. Blockchain data communities where decision making is by participants consensus. Everyone in the ecosystem share in common benefits. Decentralization governing principle driven by delivering benefits to participants.
Decades of research by economists from top Universities has concluded tremendous benefits when data is treated nonrival.
This Conclusion was arrived after rigorously modeled, calculations and results analyzed in the seminal paper published
in Sep 2020 titled “Nonrivalry and the Economics of Data” by Charles I. Jones and Christopher Tonetti*.
American Economic Review 2020,110(9): 2819-2858
Toward building a global decentralized system
Building a consumer database -Industry 4.0 technologies
CLEANUP FOR VALUE ADDED, EDGE COMPUTING, BIG DATA, DATA SCIENCE
CENUS DATA, ZILLOW, GPS, SOCIAL MEDIA
MACHINE LEARNING & ARTIFICIAL INTELLIGENCE, DIGITAL TWIN
Managing Director / Cofounder
Dr. Mufti is responsible for formulating company strategies, reviewing financial, marketing, and operations activities. He holds an advanced degree in physics, published.. (Read more)
CTO / Cofounder
Abdurehman is responsible for implem- enting technological strategies and ensuring that the technical resources are aligned with the company’s business needs.. (Read more)
CMO or Marketing Advisor / Consultant
Dr. Tahir is responsible for developing marketing strategies, gathering market intelligence, and brand development. Dr. Tahir holds an undergraduate in Business administration.. (Read more)
Product Manager / Product Owner
Athar Mushtaq is responsible for product development in line with the company’s strategic objectives, also responsible to manage product backlog, prioritizing needs.. (Read more)
Chief Operating officer / HRM – Cofounder
Awais is responsible for developing User requirement Specification, Functional specification documentation and set benchmark for testing and also do the.. (Read more)
Ola Badawi is responsible for the management of financial risks, the company’s finances, record-keeping, ensuring compliance, and financial reporting.. (Read more)
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