It’s prohibited to sell customer data without the consent of the customer. How can companies be able to not only receive consent but convince the customer it’s in their benefit to provide such consent.
This has presented the challenge for companies who have valuable data but stumble over the process and or ability to earn revenue through dataset monetisation
Through the use of encryption and blockchain technology Shivom is able to provide applications and data owners the ability to monetise their health data. Through the use of smart-contract’s Shivom is able to distribute tokens to both data owner and application partner following monetisation of datasets.