Data collection is an increasingly more important practice than ever before, with the rise of big data and tools that allow for said data to be analyzed. Mobility is a crucial area for data collection as car companies, taxi companies and the like gather trends in an attempt to improve products and services. Without data collection, safety sensors can’t be tailored to be more secure, and road systems can’t be changed to feel safer for drivers.
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Following the data leaks and controversy surrounding the Cambridge Analytica and Facebook scandal citizens are more aware of their personal data than ever before. While aiding companies to make improvements is beneficial to everyone, users and drivers do not get to see any profit made from the data they helped create.
Lawrence Hui, Founder of Moveco said:
“Moveco believes car generated data is important to drive the future of mobility. We, however, also believe that consumers should be rewarded for the data shared.”
Moveco turning miles into money
Moveco is a recently launched mobility ecosystem that aims to give users control over their data. This blockchain powered platform allows customers to share their movements which in return will
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