{"id":3560,"date":"2020-11-27T07:40:37","date_gmt":"2020-11-27T05:40:37","guid":{"rendered":"https:\/\/esatoshi.club\/?p=3560"},"modified":"2020-11-27T07:40:41","modified_gmt":"2020-11-27T05:40:41","slug":"tapmydata-x-satoshi-club-ama-recap-from-19th-of-november","status":"publish","type":"post","link":"https:\/\/satoshi-club.esipick.com\/index.php\/2020\/11\/27\/tapmydata-x-satoshi-club-ama-recap-from-19th-of-november\/","title":{"rendered":"Tapmydata x Satoshi Club AMA Recap from 19th of November"},"content":{"rendered":"\n

Today we are glad to tell you about\nthe AMA session with our friends from Tapmydata<\/a>. The\nAMA took place on November 19 and our honorable guest was Gilbert Hill.<\/p>\n\n\n\n

The total reward pool was 1000$ and\nwas divided into three parts. In this AMA Recap we will try to summarize some\nof the most interesting points for you.<\/p>\n\n\n\n

\n\n\n\n

PART 1, INTRODUCTION AND COMMUNITY QUESTIONS<\/strong><\/p>\n\n\n\n

Mary |\nSatoshi Club: <\/strong>Hello, Satoshi Club! We are happy to announce our AMA session with\nTapmydata! @Gilbert_Hill<\/a> welcome to\nSatoshi Club 😀<\/p>\n\n\n\n

Gilbert Hill: <\/strong>Hallo\ngood to be here!<\/p>\n\n\n\n

Mary |\nSatoshi Club: <\/strong>Please, introduce yourself and Tapmydata project.<\/p>\n\n\n\n

Gilbert Hill:<\/strong> <\/strong>I’m based in Uk and ran a web agency\nfor 10 years, where I got fascinated about how our data is used and monetized. I\nbuilt a software company to do auto cookie scans and produce those banners\neveryone hates – sorry! That grew real fast and we sold to a US company which\nis now first privacy tech unicorn.<\/p>\n\n\n\n

I wanted to do something which would help people get their share\nof all this money being made on the web, and use the blockchain.<\/p>\n\n\n\n

Mary |\nSatoshi Club: <\/strong>Ahaha so, that were your banners.<\/p>\n\n\n\n

Gilbert Hill: <\/strong>Yeah\nI keep seeing them \ud83d\ude42 With Tapmydata, I knew we needed tools which are easy to\nuse and plug in to the data which is out there, so we started with mobile,\nbecause that is the way we all interact now. So you can have your data in your\npocket, and start to control and share that.<\/p>\n\n\n\n

Q1 from\nTelegram user @parisienne_a<\/strong><\/p>\n\n\n\n

You are\naiming to help people control and receive income by using their data. There are\nalready projects which aim to do this like Brave browser and other platforms\nfor ads and so on. What new are you bringing on the table and what experience\nyour team has in this field?<\/em><\/p>\n\n\n\n

Gilbert Hill: <\/strong>While\nprojects like Brave and Swash have helped make people aware their data has\nvalue and this can be realised through crypto, they still work in the limits of\nthe current AdTech system; I get paid for my attention, or for my browsing\nhistory to be sold to advertisers. We\u2019re creating the building blocks for\npeople to play a new role with their commercially-valuable data, where they\u2019re\nin the driving seat. Rather than see ads for something I bought last week, I\ncan let companies know I\u2019m in the market now to buy a kettle, hardware wallet\nor an insurance policy. Advertisers can buy these consent artefacts at scale, incentivizing\nusers with tokens.<\/p>\n\n\n\n

We’ve got a background in AdTech ourselves so have the\nrelationships to help them change, rather than just try to destroy it. This is\nalso good for advertisers – no more buying fake attention from bots<\/p>\n\n\n\n

Each user can manage their own digital identity, mint NFT\u2019s of\nBlockchain Verified Consent and license this for use across the web, receiving\nvalue (ERC20 tokens) from organizations.<\/p>\n\n\n\n

Mary |\nSatoshi Club: O<\/strong>k, what is the exact steps I need to take to realize what you’re\nsaying now? Do you have instructions how to use your app now?<\/p>\n\n\n\n

Gilbert Hill: <\/strong>Yes!\nThe first thing to do is download it, and start to add, verify your data. These\nare the things that help you get a better response from companies now…<\/p>\n\n\n\n

D. | Satoshi Club: <\/strong>And\npeople who use Tapmydata now, can they earn already some tokens?<\/p>\n\n\n\n

Gilbert Hill: <\/strong>And\nare also the actions that help the community so are the ones you’ll receive\ntokens for.<\/p>\n\n\n\n

Mary |\nSatoshi Club: <\/strong>I already earn 1😀<\/strong><\/p>\n\n\n\n

Gilbert Hill: <\/strong>Haha\nwell done that is our stellar token, we use it to fuel the transactions, but it\nwill be the new ERC20 after launch. SO keep using the app! Also the app is how\npeople will pre-register for public sale using app. So it’s the first step of\nKYC.<\/p>\n\n\n\n

D. | Satoshi Club: <\/strong>Very\nnice! when are you plan to launch a new token? and i assume people will swap\ncurrent token to the new one, in which ratio?<\/p>\n\n\n\n

Gilbert Hill: <\/strong>Now\nfor the first time my window cleaner is asking me about data, and about crypto,\nso this helps get him on board. New token will launch during public sale, we\nwill do 1:1 swap for stellar in app Q1 next year.<\/p>\n\n\n\n

Q2 from Telegram\nUsername @Rebel99<\/strong><\/p>\n\n\n\n

How is Tapmydata able\nto provide the data being requested by a user? Also, how are you certain that\nthe person requesting the data is the owner of the said data in order to\nprevent one\u2019s personal data from falling into the wrong hands?<\/em><\/p>\n\n\n\n

Gilbert Hill: <\/strong>Great\nquestion! We make it easy for companies to provide data using our secure\nchannel. It’s really important to verify person requesting data is who they say\nthey are. So we encourage to verify their ID – then we use public key\ncryptography to create secure P2P channel between that person and the company, no-one\nelse can get access, including Tapmydata.<\/p>\n\n\n\n

Mary |\nSatoshi Club: <\/strong>Is this 100% guarantee or some minimal risks exist?<\/p>\n\n\n\n

Gilbert Hill: <\/strong>Finally,\nwe are building now an integration with a personal data store provider\n(DataSwift) so you can export your data securely off your phone. You still need\nto be careful of course, but it’s a lot safe than trusting a random marketing\ncompany to have your data! Or when a company asks you to send your passport,\nutility bills docs to info@… Now you can say, I use Tap for this and more\ncompanies are realising this protects them, too. So no, nothing in life is 100%\n\ud83d\ude42<\/p>\n\n\n\n

Q3 from Telegram\nUsername @PaoloMonte87<\/strong><\/p>\n\n\n\n

Nowadays data\nrepresents a big concern. Many unscrupulous social media & advertising\ncompanies, often politically-tied, are learning and have learnt to a degree how\nto use that data to manipulate people for their own ends. Probably one of the creepiest\nscenarios is one where this information can be used at an almost non-detectable\nlevel by governments, for example, to emotionally influence our\ndecision-making, therefore diverting significantly our\nopinions\/choices\/behaviors. I know I\u2019ve brought up a big topic, but I wonder if\nTapMyData can a positive role in helping people overcome data manipulation? Are\nyou also working on more ambitious and wider scopes to propose TapMyData to\ninstitutions and help avoid the weaponization of data I\u2019ve evoked above? Can\nthe blockchain be a potential solution?<\/em><\/p>\n\n\n\n

Gilbert Hill: <\/strong>This\nis a big question, and so important – thanks! Data has been weaponized and used\nmost recently in US election to confuse and deter voters from showing up. Both\nsides and their partners have used data scraped from platforms to give people\ninfo that they are ineligible to vote, or turn up at wrong place.<\/p>\n\n\n\n

The current lawsuits are showing how trust has been lost in\nphysical, postal voting – blockchain is a great solution and there’s nothing\nwhich stops it being used and Tap can be used in this context – I chatted with\nMatt Aaron on decrypt.io about this here https:\/\/podcasts.apple.com\/us\/podcast\/oct-23-the-voting-dilemma-your-data-voting-on-the-blockchain\/id1520762610?i=1000495862662<\/a>\n<\/p>\n\n\n\n

And yes beyond that, people are just sick of the creepy use\nof data in advertising – as a privacy expert, I’m always asked ‘is my phone\nlistening to me? Phone manufacturers and platform say they don’t listen,\nbecause they have enough data points to know what we want, when we want it, but\nit’s still a creepy feeling and if our data is being used to deny us life\nopportunities, like a new job or access to a loan, then that gets really\nsinister. That’s what DeFi blew open, that you can get access to whole new\nareas of funding. And while not all of us has crypto to stake, we all have our\ndata… We’re now linking up to the places where people can sell their data,\nlike Ocean and Streamr.<\/p>\n\n\n\n

Q4 from Telegram\nUsername @Tony253210<\/strong><\/p>\n\n\n\n

Tapmydata helps the\nusers to have control of their personal data, enabling the users to tokenize\nit. But the cheater or dishonest users always appear, so How do you prevent\nthat an user can pretend to be someone else? In few words How do you prevent\nthe multi-accounts creation?<\/em><\/p>\n\n\n\n

Gilbert Hill: <\/strong>We\nalready since the early days of the project had people trying to game the\nsystem and have developed steps to stop multi account creation, and\nauto-monitor suspicious activity, but you understand I can’t go into more\ndetail here! <\/p>\n\n\n\n

D. | Satoshi Club: <\/strong>Got\nit! confidential information. 😉<\/p>\n\n\n\n

Gilbert Hill: <\/strong>Yes,\nyou never know who is listening – especially when new token sale is happening!<\/p>\n\n\n\n

Q5 from Telegram\nUsername @Jonahapagu<\/strong><\/p>\n\n\n\n

Tap implements end to\nend encryption for requested data and you stated that by default you can also\ndecrypt this data for unregistered organizations but you claim your never do\nthis How can we trust you on this why don\u2019t you disable the ability for you to\ndecrypt this request data are there cases where you will have to decrypt this\nrequest data if yes does this not make you a part of the problem you are trying\nto solve\u2026 (Unverified Consent)<\/em><\/p>\n\n\n\n

Gilbert Hill: <\/strong>The\ndata dialogue takes place between the 2 counterparties, the user (or data\nsubject) and the organization (the Data controller) and they hold the public\nand private keys. We have no access to the keys and the data is effectively\nuseless to any third party, including ourselves. We don’t want to add to the\nbig problem which exists, so built the whole system to privacy by design\nprinciples with input from Dr Ann Cavoukian.<\/p>\n\n\n\n

D. | Satoshi Club:<\/strong>\nGood remark about keys, i think it would build more trust. 👍<\/p>\n\n\n\n

Gilbert Hill: <\/strong>This\nmeans it took about 40-50% extra planning and dev up front, but is a model for\nlow or zero- data use business models which other projects, Dapps can follow.<\/p>\n\n\n\n

Q6 from Telegram\nUsername @yzmoney<\/strong><\/p>\n\n\n\n

\u201cThe Tapmydata\nsolution is a framework of tools, ledger and decentralized protocol for people\nto reclaim their digital identity, crystallize unique, verified elements of\nconsent in an NFT and provide a new, transparent channel for legitimate\ncounterparties to blend data and exchange value.\u201d since Tapmydata is using NFT\nas identity token, will these NFT be transferable or can they only be minted on\nthe phone and non-transferrable? The app uses facial recognition for\nonboarding, does it support other biometric feature like fingerprint, voice\netc.<\/em><\/p>\n\n\n\n

Gilbert Hill: <\/strong>Our\nNFT will be transferable to other marketplaces, to allow your data to be\nmonetised, but it’s always tied to your encrypted identity on the ‘phone. We\nalready support voice recognition and will be expanding to other biometrics\nnext year.<\/p>\n\n\n\n

We’ve got a lot of academic and business interest in the\nprotocol and our application of Blockchain Verified Consent.<\/p>\n\n\n\n

\n\n\n\n

PART 2, TELEGRAM COMMUNITY LIVE\nQUESTIONS<\/strong><\/p>\n\n\n\n

The\nchat was open for 80 seconds; a lot of questions were posted by Satoshi Club\ncommunity. Our guest chose some of them. <\/p>\n\n\n\n

Q1 from Telegram User @tuvalunia<\/strong><\/p>\n\n\n\n

I am still not clear\nabout your earning model for users. Can you elaborate on this please?<\/em><\/p>\n\n\n\n

Gilbert Hill: <\/strong>The\napp awards TAP tokens for activity which benefits the community, like sharing\ndata or verifying credentials. You can then use these tokens (or buy more) to\nmint your own Blockchain Verified Consent artefacts. Companies buy these with\nthe ERC20 tokens directly and can use them for marketing, or to purchase our\nown services.<\/p>\n\n\n\n

Data sets from users verified credentials can also be placed\non decentralized marketplaces like Ocean and Streamr. We will provide the\ninterface to do this via the app initially, then with the web interface you can\nmanage and license consent to sites which you engage with.<\/p>\n\n\n\n

Q2 from Telegram User @BeastSanmao<\/strong><\/p>\n\n\n\n

What is your Short\nterm Goal? And when whitepaper will be published?<\/em><\/p>\n\n\n\n

Gilbert Hill: <\/strong>TAP\ntoken is our currency within the TAP protocol, you earn it and use it to verify\nand mint NFT tokens enabling you to licence your data. Here is a link to our\ntoken distribution https:\/\/tapmydata.com\/tap-token<\/a>\nand we will be publishing further details of our token economics within the\nnext couple of days.<\/p>\n\n\n\n

Q3 from Telegram User @zaferce<\/strong><\/p>\n\n\n\n

What will be the short-term and\nlong-term advantages of holding the TAP token for investors, and how important\nwill the TAP token be to your ecosystem?<\/em><\/p>\n\n\n\n

Gilbert Hill: <\/strong>The\nTAP token is a utility token – it’s value exists in our protocol, so the value\nof it short or long term depends on how you wish to use it within our protocol\n– pay for minting of an NFT, or an independent verification of your data from a\nlicensed third party.<\/strong><\/p>\n\n\n\n

Q4 from Telegram User @BeastSanmao<\/strong><\/p>\n\n\n\n

What is your Short term Goal? And\nwhen whitepaper will be published?<\/em><\/p>\n\n\n\n

Gilbert Hill: <\/strong>Our\nshort and long term goals and white paper info are gathered here: https:\/\/docs.tapmydata.com\/<\/a><\/strong><\/p>\n\n\n\n

Q5 from Telegram User @melanintrish<\/strong><\/p>\n\n\n\n

How can I find out if my personal\ndata has been involved in a data breach?<\/em><\/p>\n\n\n\n

Gilbert Hill: <\/strong>We\nhave integrated Tapmydata with the HaveIBeenPowned API so if you enter your\nemail, it checks it against known breaches every time you launch the app https:\/\/tapmydata.com\/new-release-have-i-been-pwned-feature-lets-you-find-out-if-your-email-has-been-compromised\/<\/a>\n<\/strong><\/p>\n\n\n\n

Q6 from Telegram User @Mohitku1<\/strong><\/p>\n\n\n\n

When Public sale will be available?\nAnd from where we can buy token?<\/em><\/p>\n\n\n\n

Gilbert Hill: <\/strong>Public\nsale is 14th December – if you download the app you’ll be ready and we’ll keep\nyou informed on our telegram community.<\/strong><\/p>\n\n\n\n

Q7 from Telegram User @Mohitku1<\/strong><\/p>\n\n\n\n

Through whom Tokens in the public\nsale will be distributed? Kyc is required to be eligible for distribution?<\/em><\/p>\n\n\n\n

Gilbert Hill: <\/strong>We’re\nusing Balancer for the public sale and the KYC will be required and handled\nthough our app https:\/\/balancer.finance\/<\/a><\/strong><\/p>\n\n\n\n

Q8 from Telegram User @LLeeKuanYew<\/strong><\/p>\n\n\n\n

I find Tapmydata\u2019s vision, solution\nand mission to be amazing. But that is in theory, and in fact is a different\nstory. For Tapmydata to be as realistic as you say it needs a strong,\nexperienced team. So can you recommend your team (Founders, R&D,\nDevelopers, etc\u2026)?<\/em><\/p>\n\n\n\n

Gilbert Hill: <\/strong>Tap’s\nteam is our strongest asset! We span out of a blockchain agency which built\nMVPs for projects back in 2017 and this is our first project where we created\nnew IP. For me personally, this is the natural evolution of the journey which\nstarted with cookie banners…<\/p>\n\n\n\n

We operate\non an Agile basis so can react super quickly to new developments and\nopportunities in a space which changes daily.<\/p>\n\n\n\n

Q9 from Telegram User @Shuvo39<\/strong><\/p>\n\n\n\n

Marketing is a central element for\nevery project, so that everyone knows the potential that a project can bring is\nvital to achieve the goals set. What is your strategy to attract new users and\nInvestor to $Your platform and keep them long term?<\/em><\/p>\n\n\n\n

Gilbert Hill: <\/strong>Partnerships\nare key – we already have rights groups, academics and public bodies interested\nin our data and building out corporate relationships will be key in 2021.<\/strong><\/p>\n\n\n\n

Q10 from Telegram User @chunhocxitrum<\/strong><\/p>\n\n\n\n

What is data portability?<\/em><\/p>\n\n\n\n

Gilbert Hill: <\/strong>It\nis the right in GPDR to get your data from one party and seamlessly transfer to\nanother. Our mission is to make that frictionless.<\/p>\n\n\n\n

\n\n\n\n

PART 3, QUIZ AND INFO<\/strong><\/p>\n\n\n\n

As usual, for the third part, Satoshi\nClub Team asked the chat 4 questions about Tapmydata. A link to a\nQuiz form were sent into the chat. Participants had 10 minutes to answer. 400$\nwere distributed between the winners. <\/p>\n\n\n\n

For more information and future AMAs, join our Social Media\nchannels: <\/strong><\/p>\n\n\n\n

English Telegram\ngroup: https:\/\/t.me\/Satoshi_club<\/a>\n<\/p>\n\n\n\n

Russian Telegram\ngroup: https:\/\/t.me\/satoshi_club_ru<\/a>\n<\/p>\n\n\n\n

Spanish Telegram\ngroup: https:\/\/t.me\/satoshi_club_spanish<\/a>\n<\/p>\n\n\n\n

Telegram Channel:\nhttps:\/\/t.me\/satoshi_club_channel<\/a>\n<\/p>\n\n\n\n

Website: https:\/\/esatoshi.club\/<\/a><\/p>\n\n\n\n

Twitter:\nhttps:\/\/twitter.com\/esatoshiclub<\/a>  <\/p>\n\n\n\n

Our Partners: <\/strong><\/p>\n\n\n\n

Tapmydata: https:\/\/t.me\/tapmydataofficial<\/a>\n<\/p>\n","protected":false},"excerpt":{"rendered":"

Today we are glad to tell you about the AMA session with our friends from Tapmydata. The AMA took place on November 19 and our honorable guest was Gilbert Hill. The total reward pool was 1000$ and was divided into three parts. In this AMA Recap we will try to summarize some of the most […]<\/p>\n","protected":false},"author":4,"featured_media":3561,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[],"_links":{"self":[{"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/posts\/3560"}],"collection":[{"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/comments?post=3560"}],"version-history":[{"count":1,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/posts\/3560\/revisions"}],"predecessor-version":[{"id":3562,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/posts\/3560\/revisions\/3562"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/media\/3561"}],"wp:attachment":[{"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/media?parent=3560"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/categories?post=3560"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/tags?post=3560"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}