Datafund (DEX)

User-Centric Apps on Fair Data Principles

Review Score
3.10/5
ICO Price
0.006259 USD
0.00002 ETH
Pre ICO Price
N/A
Soft Cap
3000 ETH
Hard Cap
20000 ETH
Start Date
1 January 2019
End Date
8 January 2019

What is Datafund?

 

Datafund project is a protocol and a distributed application (dApp) that guards personal data, provides safe storage and enables provable personal data exchange. Information is shared anonymized or on a need-to-know basis according to an agreement between exchanging parties.

As Datafund is a European based project (with global ambitions), it will be compliant with a new regulative in the EU that protects individuals — the General Data Protection Regulation (GDPR).

The processing of personal data should be designed to serve mankind. Because of that we are embracing GDPR as it is one of the strictest privacy protection regulations globally that provides the path for individuals to reclaim their data. Moreover, once Datafund protocol is GDPR compliant, we estimate that other jurisdictions are quite easy to legally satisfy.

Only a decentralized solution puts the individual into control of her data while allowing censorship-proof exchange of data without intermediaries. Moreover, applying blockchain technology allows for creation of an “individual-centric” process that allows for unprecedented economic efficiency for all parties involved. Datafund protocol is built on Ethereum and Swarm with the intent to be blockchain and technology agnostic as much as needed.

Information displayed on CoinCheckup can be updated by the respective ICOs and/or Crypto representatives and does not present the opinion of CoinCheckup.com and/or the CoinCheckup team.

Trading and investing in digital assets is highly speculative and comes with many risks. The analysis/stats on CoinCheckup.com and it’s subsites are for informational purposes and should not be considered investment advice and or the truth. Statements and financial information on CoinCheckup.com and it’s subsites should not be construed as an endorsement or recommendation to buy, sell or hold.

Please do your own research on all of your investments carefully. Scores are based on averages of third party websites.  Past performance is no indicative of future results. Read the full disclaimer here.