Technological Innovation for Users to Monetize Personal Data

by times news cr

2024-08-30 06:29:28

ForU.AI a technological innovation for users to monetize personal data. Illustration: Ricardo/JPNN.com

jpnn.comJAKARTA – ForU.AI, a technology company dedicated to transforming data privacy and security, announced the launch of technology designed to address the issues of personal data management and security in the Web2 and Web3 ecosystems.

In the Web2 ecosystem, personal data leaks continue to occur and the latest is the leak at the National Data Center which has had a significant impact on the national economy.

The many security gaps in the Web2 ecosystem have made many people start to think about switching to relying on technology in the Web3 ecosystem.

Former CEO and Founder of Tokocrypto Pang Xue Kai said that he founded ForU.AI to provide a solution that solves various data leakage problems that harm personal data owners.

According to him, the Web2 ecosystem does not allow personal data owners to manage and control their data.

“ForU.AI is present in the midst of a Web3 ecosystem that is increasingly mature, as seen from various technological improvements, such as Layer 2 protocols to user-friendly decentralized applications (dApps). In Indonesia, the adoption of Web3 technology is no longer limited to crypto trading but has also entered the aspect of digital asset management, Decentralized Autonomous Organizations, to monetizing personal data,” said Kai.

At the beginning of its emergence a few years ago, the Web3 ecosystem and the technology within it were still in their early stages. Despite much innovation and enthusiasm, the Web3 ecosystem was still filled with various projects that were experimental, merely following the hype, and speculative.

Today, the Web3 ecosystem is different, seen from the more massive adoption of technology, the amount of investment, and the supporting ecosystem. Web3 is no longer limited to crypto.

Returning control of personal data to users, ForU.AI launches a combination of AI, Blockchain, and DiD technologies.

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