Datawallet provides users with an autonomous wallet that allows them to manage their data and allows them to monetize and leverage their own assets. It enables developers to build the most advanced applications ever with a completely new data field. It provides insights for businesses to promote their operations on an unprecedented scale.

Project Introduction

Datawallet is a blockchain-based data exchange that allows users to recycle and profit from data created online and enables developers to implement next-generation applications.

Project Features

Datawallet is a digital wallet for online data. It allows to get data from platforms such as Facebook, Amazon, Uber, Spotify and others and unify it in one place. You control who can access your data and you get paid when you share your data.

By default, your Datawallet is private, and you can choose which data you want to share, and whom you want to share with. All information in the packet is completely anonymous, secure and encrypted. With Datawallet, you can avoid filling in duplicate information while protecting your privacy.

Application Scenarios

Datawallet user applications, Datawallet APIs, and proprietary enterprise applications such as DX Insights.

Datawallet Application:
Provides users with complete data sovereignty and access to the market to make their data applicable to them. Data is collected through the app, where users can link data across multiple platforms, including Amazon, Uber, and Facebook. Data from the API can be linked via OAuth, or emails from specific addresses can be linked. Offline transactions can also be recorded through receipt pictures. All data compiled in the user's profile is encrypted and cannot be accessed by anyone, including Datawallet, without the express permission of the owner.

The user grants permission to share data with interested companies through encrypted data smart contracts, in which the user decrypts only the data points they want to share. The final data will be kept to the third party until the other terms of the contract are met, usually in the form of DXT. Blockchain ensures the security and transparency of these transactions. The user controls the keys independently to decrypt their data in a sandbox environment. In addition, the terms of data transactions conducted by users will be permanently stored on the blockchain. The transparent processing step chain from data sources to organized data profiles also ensures that data users can trust the accuracy of the data, unlike any current data proxy solution that relies on multiple unknown third parties.

Datawallet API:
The Datawallet API allows developers to access high-quality data provided by our users on exchanges through surgical procedures. Our RESTful API provides a developer-friendly abstraction layer above smart contract exchanges, enabling AI engineers, data scientists and ML developers to do their best - building innovative data products. The API allows them to do this without having to become an additional blockchain expert while still providing a guarantee of a smart contract for both parties to the transaction.

In addition, the API allows Datawallet to integrate preprocessing, collation and insights into transactions, providing developers with data ready for production. This API allows developers to get rid of the annoyance of tracking mobile targets of social media data points and handle our stable select endpoints.

Proprietary Enterprise Application:
Through enterprise applications, data users will request certain types of data by providing a token, service, or product. If the user decides to opt-in, a smart contract is initiated. Each data exchange requires the data requester to specify the type and quantity of data required for the user to participate, whether the data is anonymous, whether the exchanged data will be used to supplement existing data about each user and the number of DXTs to be used.

The value of each data reflects market demand. This way, instead of delegating their privacy to third parties, data creators can decide when it is worthwhile to share their data. Currently, these applications can be divided into three categories: enhanced experience applications, direct service applications, and channel applications.

Enhanced Experience App allows Datawallet users to tailor the products they have interacted with to their personalized preferences and personalization, thereby leveraging their own data to enhance their online experience. Direct service applications can be purchased with DXT and/or data and services are provided directly to the data provider. These services range from allowing users to gain transparency about the modern data ecosystem to know themselves through their online behaviors and decisions such as calculating their own 5 personality scores.

End, developers will be able to create Channel Apps, which will use high-quality and ethical data to create AI programs with applications outside of Datawallet exchanges. However, with the explosive growth of AI and personalized data products in current data creation, innovation beyond these three categories is inevitable.

Related links:

https://datawallet.com/
https://info.binance.com/cn/currencies/datawallet
https://www.fn.com/project/datawallet/introduction/