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The inevitability of tokenized data TechCrunch

https://techcrunch.com/2019/03/15/the-inevitability-of-tokenized-data/
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Mar 15, 2019 3:30 PM 1+ mon ago

The inevitability of tokenized data

Chris McCoy is the chief executive of Footprint and the creator of Storecoin.

We're reaching the endgame of an inevitable showdown between big tech and regulators with a ley battleground around consumer data. In many ways, the fact that things have gotten here reflects that the market has not yet developed an alternative to the data paradigm of Google and Facebook as sourcers and sellers and Amazon as host that today dominates.

The tokenization and decentralization of data offers such an alternative. While the first generation of "utility" tokens were backed by nothing more than dreams, a new generation of tokens, connected explicitly to the value of data, will arise.

Presidential candidate, Sen. Elizabeth Warren has called for the breakup of technology giants including Amazon and Facebook. In many ways, the move feels like an inevitable culmination of the last ...

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