You have the Right to a Data Income
Streamr
Other
3 years ago
1 QCP
Imagine having a personal diary where you write about your life. Now, imagine owning that diary and not being able to enforce your right to possession. It’s yours, and yet you can’t have it.
How did this happen?
The only Free Cheese is in The Mousetrap
Imagine further that, when you shopped for the notebook, the stationer said you could have it for free. He then mumbled something about the possibility of recording, accessing and using your writing for anything he liked.
Because your persona belongs to the underappreciated world of intangible assets, you couldn’t grasp what was at stake there. Au contraire, the stationer, let’s call him Mark — you know where I am heading with this — eagerly recognised that you had handed him your psychological profile and sentiment live update. You entered a transaction with highly asymmetric possession of information. Now the stationery store is selling copies of your diary to any willing buyer interested in reading it and knowing your inner thoughts, without your knowledge.
...
https://medium.com/streamrblog/you-have-the-right-to-a-data-dividend-7056228c4a40
How did this happen?
The only Free Cheese is in The Mousetrap
Imagine further that, when you shopped for the notebook, the stationer said you could have it for free. He then mumbled something about the possibility of recording, accessing and using your writing for anything he liked.
Because your persona belongs to the underappreciated world of intangible assets, you couldn’t grasp what was at stake there. Au contraire, the stationer, let’s call him Mark — you know where I am heading with this — eagerly recognised that you had handed him your psychological profile and sentiment live update. You entered a transaction with highly asymmetric possession of information. Now the stationery store is selling copies of your diary to any willing buyer interested in reading it and knowing your inner thoughts, without your knowledge.
...
https://medium.com/streamrblog/you-have-the-right-to-a-data-dividend-7056228c4a40
- Blockchain data
- Passive income
- Income
- Big data
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