Your Data Safe (YDS) is revolutionary. Firstly, Before we explain more about it let me give you some background.
Big data is big business. Elections are won and lost, businesses made and empires built with big data. By 2020 it is expected to reach a staggering $203 billion.
Companies like Equifax, Google and Experian have made their fortunes monetizing their huge databases. Billions have been made every single year with all of our data. We’ve not been paid a penny for it. Until now.
General Data Protection Regulation (GDPR)
GDPR came into effect across the EU in May 2018. Effectively GDPR is a set of standardized data protection laws across all of the member states within the EU.
GDPR was brought in to make it make it easier for EU citizens to understand how their data is being used by companies, opt out of it being used by certain companies if they choose and also to make complaints about how their data is being used.
Already GDPR is being hailed as the gold standard for data protection. This could potentially see it or something very similar become adopted far and wide. Not just in the EU.
What Is Your Data Safe?
Your Data Safe (YDS) is a GDPR Compliant Data Management and Rewards Platform. There are 4 main parts that makeup YourDataSafe.
Your Data Safe Network:
The YDS Network is a token based platform that rewards users for sharing their GDPR compliant data. Therefore members will have their own profile and be able to control and monetize their personal data.
Also, they will have full control over which brands and companies they wish to have contact with.
Your Data Safe Virtual Data Protection Officer (DPO)
The YDS Virtual DPO will offer secure management of GDPR Policies and Procedures along with a virtual Data Protection Officer. Many companies are still playing catch up.
As a result, they do not have a Data Protection Officer with the knowledge required to effectively manage or maintain their businesses GDPR compliance.
Therefore their aim is to ensure it will cost less than traditional DPO services while delivering the highest quality standard.
Your Data Safe Academy:
The YDS Academy is a cloud-based education and training platform. The aim is to be the number one resource for ensuring that businesses can get their staff trained in line with current regulations.
Your Data Safe customers will be able to manage their staff competence in areas such as GDPR as well as Cybersecurity too.
Your Data Safe Cloud:
The YDS Cloud is exactly what it says on the tin. Cloud-based services for file sharing and storage. Decentralised storage has huge potential when it comes to GDPR.
The Blockchain is a safe, secure and cost-effective solution for cloud-based services going forward as blockchain becomes widely used.
Of all the ICO’s I’ve seen in the past few years, this one blows them all out of the water.
Your Data Safe has the potential to change the game in terms of GDPR compliant data. They are already proving they have a real use case and are already they are operational.
Offering services such as GDPR Staff Awareness Training, DPO Services, Vulnerability Scanning and GDPR Consultancy. When you add to that the immense potential from users signing up in order to monetize their data the sky is the limit. check them out at https://yourdatasafe.io
There really is something for everyone with YDS.
Meet the team:
Current status: private sale (Ends September 30th. Public sale starts on the 1st October)
1 YDST = $0.04
USD Soft Cap $3.7m
USD Hard Cap $16.9m USD
Min Contribution 1 ETH
Coin ticker: YDST
Full roadmap link: https://yourdatasafe.io/
Thanks for reading and you can check out all of our ICO reviews —–> Here.