RedSpallow

- Maret 01, 2018

YourBlock

Blockchain based comparison and incentivised personal data

storage platform.In the event that the consumer purchases a product or service through YourBlock, YourBlock will seek to charge the service provider a fee. All fees paid by the service providers to YourBlock will be visible to the consumer, and a percentage of the fee will be passed back to the consumer in the form of YBK tokens. YourBlock will help connect the consumer and service providers securely and transparently.

YourBlock, aiming to be the first Blockchain based comparison and incentivised based Personal Data storage platform.

Allowing the consumer secure access to quotes for products and services when the consumer wants.

Smart contracts between the consumer and service providers completed on the Blockchain

Is not the whole thinking stunning? Here is the plan. YourBlock, at first, looks at blockchain. Blockchain is really ready for what to do. It runs to create a cabinet for charging digital data.

Blockchain brings us almost everything now. We are both grateful for the same. The most important thing we get is Internet Value. Internet world value is definitely one of the most prominent and emerging platforms that aims to lift a new world that will facilitate data transactions for consumers as well as businesses. This goal is achieved by YourBlock because it looks ahead in front of the conversation is about the digital revolution.

PROBLEM

As organizations increasingly rely on electronic data and computer networks to carry out their day-to-day operations, a collection of personal and financial information is transferred and stored online.Individuals are increasingly exposed to privacy violations, and other financial institutions and organizations exposed to enormous responsibility if and when there is a data security breach.

SOLUTION

The solution is to provide consumers with a secure and secure platform to include all their personal data (including their families), including PDF (e.g. utility bills), images and emails. Furthermore, to equip consumers with the ability to view offers for products and services without their data going Blockchain. Transact all business in digital digital consumer cabinet. No third party will retain consumer personal data they will re-request access to the consumer wardrobe, if required, again without any personal data ever leaving the consumer digital cabinet.

YourBlock will store personal and sensitive consumer data on its own personal Blockchain; it would be too dangerous to keep it in public blockchain. YourBlock will anchor to the public Blockberg etereum to prove / achieve eternity and Data integrity, without making the data itself public. Consumer data will only be visible to allowed participants in your personal Blockblain YourBlock.

BENEFITS OF SERVICE SUPPLY:

Improving the quality of consumer data, keep up to date post on-boarding.

Cost savings and improved customer experience are made possible by on-board automation and claims, modifications, cancellations and policy / contract renewals.

Reduce insurance cheating through automatic smart contract.

There are several additional benefits for related parties in each industry. For example, in the Insurance room, the following parties will also benefit from YOURBLOCK : re- insurers ; industrial supervisors; brokers; regulators and law enforcement.