[IT-log] My Own Information, Grasping it in My Hands ‘MyData’

LEDGIS
LEDGIS_Official
Published in
2 min readNov 30, 2023

With the passage of the amended Personal Information Protection Act in the National Assembly, the concept of ‘MyData’ has been gaining attention.

MyData is one of the recent trends, representing data created and owned by individuals.

This encompasses various pieces of information that occur in our daily lives, and through this, we are creating our own digital footprint.

Defining MyData

MyData refers to a series of processes that integrate and manage personal data scattered around the data subject in one place, such as viewing and storing it by individuals.

MyData aims to provide users with transparency and control over their data, enabling them to share or leverage it with various services and companies as needed. Users can receive more customized services or rewards for the utilization of their MyData.

Importance of MyData

  • Transparency and Control : MyData provides users with transparency regarding their data and grants them control over how they want to use it.
  • Personalized Services : Companies can utilize users’ MyData to offer more personalized services. Users have the opportunity to receive content and advertisements tailored to their preferences and interests.
  • Rewards and Benefits : Some services offer rewards to users in exchange for providing their MyData. This can include discounts, coupons, or other forms of financial compensation.

MyData and Personal Information Protection

The concept of MyData is closely associated with the protection of personal information.

Without the user’s consent, collecting or utilizing data is not permissible, and users have the right to delete or restrict their data at any time.

MyData’s Outlook

MyData is expected to play a crucial role in the future digital ecosystem. With the advancement of technologies such as blockchain, enhancing the security and reliability of data, individuals are anticipated to take a more proactive role in managing their own data.

MyData is granting individuals new digital rights and changing the paradigm of data ownership and utilization.

This is simultaneously enhancing mutual benefits between users and businesses while fostering greater awareness of personal information protection.

The journey of owning my personal information and shaping a better digital environment with the data in my hands will continue.

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