What is the Advantage of
NonRival Data

Capture consumers online activity data with their consent

Organize data and conduct all transaction on Blockchain

Patent pending transactional process for Transparency, Integrity and Fairness

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Building Global NONRIVAL Consumer Data Communities on BlockChain

We TREAT data DIFFERENTLY – data is nonrival

Innovate AI – AI that creates IDEAS

We give data property to consumer –privacy non-issue

Advantage when data is treated as Non Rival and Data as Consumer Property Right

Economists View On Data

  Data As Labor   Arrieta Ibarra, Imanol, Leonard Goff, Diego Jiménez Hernández, Jaron Lanier, and E. Glen Weyl. 2018. “Should We Treat Data as Labor? Moving beyond ‘Free.’” AEA Papers and Proceedings 108: 38–42.

Posner, Eric A., and E. Glen Weyl. 2018. Radical Markets: Uprooting Capitalism and Democracy for a Just Society. Princeton, NJ: Princeton University Press.

   Data is the new Oil   Varian, Hal. 2019. “Artificial Intelligence, Economics, and Industrial Organization.” In The Economics of Artificial Intelligence: An Agenda, edited by Ajay Agrawal, Joshua Gans, and Avi Goldfarb, 399–419. Chicago: University of Chicago Press.

Carriere-Swallow, Yan, and Vikram Haksar. 2019. “The Economics and Implications of Data: An Integrated Perspective.” IMF Departmental Paper 19/16

Our Startup Goals

  Treat data as Property Right

  Give Property Rights to Consumer


Consumer’s data for consumer benefit
Consumer’s data businesses Benefit

Data is a new Commodity

Benefits

  Economic gain to consumer from selling their data broadly

  Businesses improve efficiency - From current 93% to 99% ~ 7% improvement or - Add $1.26 Trillion to the economy


Consumer data as Consumer-Non-Fungible Token

View Backed by Top US and European Economists

“Nonrivalry and the Economics of Data” By Charles I. Jones and Christopher Tonetti*
American Economic Review 2020, 110(9): 2819–2858

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