The role of data in the modern world

Due to the rapid development of ICT technologies, our daily life is closely connected with mobile phones, tablet PCs, laptops, TVs and other devices. Through these devices, we can see the world around us, connect with people who are very far away from us, and share our dreams with them. Current level of technology allows data to be generated everywhere-you can get data on advertising in various locations, the schedule of arrival of buses and even in tonight’s menu on the kiosks and buildings.

The role of data in human life has changed significantly and has become more influential over the past few decades. In particular, the advent of the Internet has made exclusive data publicly available and has allowed countless people to use and distribute it. Practically we are surrounded by data every minute of our lives, not being able to influence this flow.

We are so used to downloading data from the Internet (images, videos, texts, etc.) that we often forget to ask: “Who is the owner of this data and what does he get for this distribution?”The huge amount of personal data in circulation today is estimated at trillions of US dollars. The commercial benefits of their use are fully derived by the private enterprises that collect the data. DataXchain project will be a real breakthrough in the field of personal data protection and providing an opportunity to benefit from their use. Read more about DataXchain project on our website http://dataxchain.org