CryptoWenak: DAYTA

ABOUT DAYTA

The Dayta vision is to solve multiple data protection, consent and privacy issues all at once, according to the official website the team has designed a roadmap to build a secure, easy-to-use and robust personal information Dapp and exchange mechanism within an integrated, digital ecosystem. The aim to ensure all participants from companies to users protect and profit from a unified personal information blockchain which will ensure efficient data audit and transparent smart contracts and agreements.

The team of the Dayta project believe that your personal information is yours to consume, withhold, disseminate and manage as you see fit. GDPR and other data protection and data privacy regulations will help with this, especially in relation to marketing consent and 3rd party organisations that manage data. However, it is not the intention of regulatory authorities and legal frameworks to bludgeon businesses into avoiding the use of our personal data but make clear their responsibilities and the extent to which they are accountable for its use and safe-keeping, building on previous complimentary regulations such as the Data Privacy Directive (DPD), ePrivacy Directive and PECR.

The Dayta platform is the future of personal data exchange, powered by DAYTA token.

How is your data used?

What is less known is whether customers knew their personal data was being used. The GDPR (General data protection clause) will certainly help European and UK users, and it will be a guide for the rest to protect data and data privacy on a massive scale. Often you believe that your data is being processed as if it is somehow related to the services. You think you just signed up, but behavioral marketing data analysis, analytical assessments of transaction history, customer usage patterns, customer profiles, etc. often held to determine the best way to convince you to buy more.

Who uses your data?

The use of personal data is not simply in the "database" at headquarters

the company you interact with. There are dozens of databases, spreadsheets, "lake" data, some on equipment owned by the company, some using cloud services, others using external data providers to process data on their behalf. In addition to the dozens of departments in the retail network that you have purchased the product, there are marketing companies, customer research agencies. These companies are engaged in data storage, archival companies, data processors, companies engaged in data analysis, advertising agencies, etc. e. who also use this data for the same retailer. Your data, especially regarding consent to marketing, is used to move forward and often pursue aggressive sales and revenue goals. The most valuable commodity is Your personality.

Where is your data processed?

Data may and often is processed on behalf of the company you are thinking of, your data is also processed by another company or companies, some of which are not even in your country. And processing should not take place on one site, but on several sites around the world. For example, if You want your data to be transferred offshore, even if the GDPR requirements were met at the selected location? It's both safety and preference and choice!

A common feature of data-centric ICO and launch of the block chain is a distributed database. Although we accept and support the use of blockchain for the purposes of consenting to and paying for the use of personal data, we do not feel that distributed storage of personal data is necessary or preferable. Data storage, both through a centralized database and through a decentralized data network carry the risk of security breaches, hacking and therefore personal data will be stolen EN masse. Security is an evolving space where security methods and standards are being reviewed and new algorithms and security technologies are forming the front lines between those who protect our data and those who can steal the profits from it.

Therefore, there is an unnecessary risk of losing data to millions of users when data is centralized. DAYTA believes that this risk should not be created from the beginning. Indeed, the protection of personal and confidential data in large centralized databases carries risks that cannot be mitigated in today's security issues in relation to hacking. Equifax's business was to secure customer data and security by spending tens of millions, and their hacking was one of the biggest. This does not mean that distributed storage is no better than centralized or federated storage. But if they deal with personal data, they are at the same risk, although they have a smaller degree. DAYTA will protect our data and offer you personally to earn money by managing your data!

The stages of project development Dayta:

March 2018 - conceptual design/structuring of the core team

October 2018 - publication of the White paper

December 2018 - smart contract creation

January 2019 - start of private sale

April 2019 - bounty program

May 2019 - pre-sale of tokens to ICO

June 2019 - ICO, main sale

July 2019 - token distribution, peer-to-peer listing

September 2019 - engineering and product management

October 2019 - MVP to release a custom application integrated into the blockchain

December 2019 - launch of the main network/customer service and business