http://AlphaInvestors.Club – Hey guys! Thanks for joining us here at http://AlphaInvestors.Club where today we will be reviewing Bitmark Crypto currency.
Bitmark Crypto currency is a blockchain-based solution to ownership in a digital economy. Today’s system of digital asset ownership isn’t very good. Companies sell users’ data for free and access it whenever they like. Users have little control over how their data is used.
Bitmark Crypto currency wants to make digital assets ownership similar to physical asset ownership. When you own a car, you have a title stating you have ownership of that car. Why don’t we have the same thing for digital assets and personal data? That’s where Bitmark Crypto currency sees an opportunity.
Specifically, Bitmark Crypto currency wants to create a universal system for digital property rights, leading to “a new internet built on individual freedom and empowerment where everyone owns a piece of the digital economy.”
Bitmark Crypto currency explains how property ownership has changed over time. During the Agricultural Revolution, we saw the rise of real property and real estate, when all real estate was valued at an estimated $217 trillion. During the Industrial Revolution, we had the rise of intellectual property. in the United States alone, according to data from Bitmark.com, intellectual property is worth $7.1 trillion. Bitmark Crypto currency sees a future where the ownership of digital property (which has an unknown valuation) is viewed as a similar turning point in history.
As Bitmark.com explains, “data will be the next major asset class.” More data is being consumed and generated every day.
To bring their product to market, Bitmark Crypto currency has partnered with UC Berkeley, Chibitronics, IFTTT, and Hyperledger. The company first made headlines back in November 2016, when it raised $1.7 million in seed funding. You can visit the official website online at Bitmark.com today, although the Taiwan-based company has not yet released a whitepaper or many technical details about the platform…tune in for our full review!
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