Insights Network

Insights Network INSTAR

$0.0472
Market Cap $ 9.288 MM (#493)
24h Volume $ 747.546
Chg. 24h: 0.05%
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Insights Network project purpose and description

Insights Network clarity of purpose

Insights Network purpose and aspects

The Insights Network is a blockchain based data exchange that allows individuals to manage and monetize the data they create in a liquid, real time data marketplace. This marketplace exists on top of the Insights Network protocol built on top of the EOS blockchain and is fueled by our “INSTAR” token.

Insights Network categories

Smart contracts

Short description

Insights is automating the data brokerage industry via blockchain technology and smart contracts. Users securely own, manage, and monetize their data with the Insights Wallet. Data Brokerage corporations are generating $200 Billion a year in revenue. The Insights Network will transfer that wealth from corporation to consumer over the next ten years.

Abstract

In the present day, data brokers collect data on individuals around the world from a wide array of sources, both online and offline. The data is packaged into profiles, which they sell to organizations who can use them to make decisions that impact the lives of ordinary people without them ever being aware of it. Recent technological advances, such as the Blockchain and Secure Multiparty Computation, are making it possible to build a superior platform for conducting market research while putting control, as well as monetization, of the data into the hands of the people who generate it.

Link to Roadmap: https://s3.amazonaws.com/insightsnetwork/InsightsNetworkWhitepaperV0.5.pdf
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