A fully Secure and Private Blockchain based Digital Filing Cabinet which enables the consumer to securely store, control and manage their data.
Service Provider benefits:
Attention. There is a risk that unverified members are not actually members of the team
SummaryYourBlock is providing a very good solution to all of the massive problem of data leakage. The only problem is that it may be too late for our current generation because of the massive amount of personal data that is already in the wrong hands.However, it provides a great way to secure the future generation’s material. If users begin storing all of their children’s personal details in the digital filing cabinet, then by the time that they come of age, they won’t have to worry about their details being compromised.As far as the return on investment goes, this ICO seems rather unsure. The value of YDK depends on the mass adoption of YourBlock. If they can gain market traction throughout the United States and Europe, then investors could see a huge return.Positives Safe: Using blockchain security is one of the best ways to protect what matters most to you. Innovative Product: There aren’t too many other companies who are trying to do this right now. Negatives It May Be Too Late: With all of your personal data already in the wrong hands, it may be too late to re secure it. Future generations could greatly benefit however. Sizing Issues: Will YourBlock be able to generate enough users to make them a profitable company?
Consumers and service providers will derive various benefits from the platform. For instance, consumers will have financial savings based on the sharing commission and origination fees. On the other hand, service providers will have improved consumer data quality and much more.
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