Datawallet

Datawallet is a platform that, according to the vendor, aims to empower individuals by providing them with secure control over their personal data. It allows users to store and manage their data while determining who can access it. Datawallet caters to individuals of all sizes and does not specifically target companies. However, businesses and organizations, particularly those in the fields of data privacy, compliance, marketing, research, and finance, can potentially benefit from accessing user data in a privacy-compliant and consent-driven manner.

Data Storage: Users can securely store personal data in a decentralized manner with full control, as claimed by the vendor. The data is encrypted and protected against unauthorized access.

Data Management: Users can easily manage and organize personal data in one central location. They can categorize and label data for easy retrieval and organization. Additionally, they have the ability to set permissions and access levels for different types of data.

Data Sharing: Users have the option to share their data with businesses and organizations. They can specify the purpose and duration of data sharing agreements, maintaining transparency and control over these activities.

Consent Management: Datawallet enables users to obtain explicit consent from individuals before accessing their data. Users can revoke consent at any time and restrict access to their data. The platform also keeps track of consent history to ensure compliance with data protection regulations.

Data Monetization: Users have the opportunity to monetize their data by participating in data exchange programs. They can earn rewards or compensation for sharing their data with businesses, while still maintaining transparency and control over these activities.

Data Privacy Compliance: Datawallet claims to ensure compliance with data protection regulations, such as GDPR and CCPA. The platform implements privacy-by-design principles to protect user data and provides transparency and accountability in data handling practices.

Data Analytics: Users can access insights and analytics based on aggregated and anonymized data. This allows them to gain valuable information and trends without compromising individual privacy. The aim is to enable data-driven decision-making while respecting user privacy.

Datawallet API: Datawallet offers integration with third-party applications and services through its API. This integration enables seamless data exchange and interoperability, expanding functionality and customization options.

Datawallet Mobile App: Users can access and manage their personal data on the go through the Datawallet mobile application. They can receive notifications and updates regarding data sharing and consent, maintaining control over their data privacy from anywhere.