Every day, you generate data that helps make big corporations rich. You’ve had little choice but to play by their rules. Until now.
mPowered is a blockchain-based platform that puts YOU in control of YOUR data. With mPowered, you decide who can use your data and how, and you get paid for sharing it.
Farmers generate vast amounts of data using precision agricultural machinery and Internet of Things (IoT) sensors throughout their operations. Most corporations view this data as their property, not the farmer's. We want to change that. mPowered encourages and rewards data sharing at all points along the supply chain, from farm to table.
Your smartphone constantly transmits information about your location and activities. Every purchase you make leaves a record that is collected and analyzed so companies can sell more of their products. mPowered will allow you to review and control the data you generate, and determine which data points can be published.
The mPowered system facilitates the exchange of data at fair value. Our proprietary algorithms validate the data, establish its value and make it available for purchase, according to the data owners' instructions. Data consumers - including marketers, university researchers, & corporations — will be able to search for data and gain full access to the data they need in exchange for payment.
Although North America lags behind the European Union when it comes to enacting data privacy regulations, legislators everywhere are under increasing pressure to protect citizens' personal information. mPowered's blockchain-based ecosystem supports this movement by promoting transparency and user control while protecting data.
"Emeka" (eh-MAY-kah) is the name of our proprietary data-interchange protocol. It's named after a friend who was able to make unlimited connections regardless of age, gender, and background. We're inspired by these principles to make boundless data exchange a reality.
We created our own bespoke distributed ledger technology in order to democratize data by empowering people with ownership and control over the data that they produce. Simply put, we democratize data using a transparent, decentralized ecosystem that doesn't require trusted third-parties.
Just having data is not enough - you need to add context and insights in order to make effective use of it. mPowered's ecosystem uses Artificial Intelligence and Machine Learning algorithms for powerful analysis and informed decision making.
Cryptography, in its simplest form, is a way of disguising and revealing — or, encrypting and decrypting — information through complex mathematics. We are creating novel cryptography techniques to make sure that we are protecting user identities, ensuring transactions, and securing all information and storages of value.
mPowered is a distributed ledger technology created by leading software engineers and machine learning specialists in response to growing concerns about a fundamental lack of fairness amid the hype of the data revolution.
They created mPowered to promote and support the development and continuous improvement of a global data-sharing ecosystem that is accessible, decentralized, trustworthy and guided by the vision of empowering people to take back full ownership of their own data.
Launched in January 2019, mPowered's first use case will be the global agriculture system. Farm enterprises generate vast amounts of data about everything from seed and feed purchases to water and fertilizer use to barn temperatures and animal health and well-being. mPowered's proprietary algorithms and machine learning technology will provide farmers with the means to monetize their data.
The mPowered ecosystem will generate MORE valuable, validated data to broaden and deepen our understanding of the state of the global food system, while making sure the rewards for creating that knowledge are shared fairly among all participants.
We are advised by a group of world class disruptive leaders who are helping democratize data. They amplify the core tenets of our ecosystem and help guide us in our direction and focus. Each is a leader within their respective domain and they come from different countries, backgrounds, and fields of expertise. Collectively, we converge into creating our mPowered ecosystem and helping individuals understand the value of data while changing the status quo.
Our ecosystem is powered by the following developers
Guelph, Ontario, Canada, Jan. 15, 2019 — A group of Canadian data evangelists have staked their ground in the global movement to democratize data with the launch of mPowered, a new distributed ledger technology that will help people control access to and profit from their own data.
mPowered is a novel blockchain-based ecosystem that facilitates and incentivizes data sharing on a cryptographically secure, transparent and tamper-proof platform.
mPowered was created by a group of leading software engineers and machine learning specialists in response to growing concerns about a fundamental lack of fairness hidden beneath the hype of the data revolution. Every day, vast quantities of data are being generated and collected at an accelerating pace, driving innovation and generating huge profits for corporations. Yet individuals, smaller enterprises and organizations of all kinds do not directly reap the rewards of the data they generate – and they have little to no control over how their data is used and by whom.
"mPowered was created as our answer to a basic question: if data is the new global currency, why are so few people getting paid for it?" said mPowered co-founder Joel Sotomayor. "Every time you search for something on the Internet, or book a vacation for your family, or use a precision seeder on your farm, or ask Google for directions to a new restaurant, you've added data points to digital profile of YOU that you didn’t even know existed. We want to empower people to take back full ownership and control of their data — and be rewarded for sharing it."
mPowered's First Use Case: The Global Agricultural System
Launching in 2019 from the heartland of Canada’s agri-food technology sector, mPowered's first use case will be the global agriculture system. Farm enterprises generate vast amounts of data about everything from seed and feed purchases to water and fertilizer use to barn temperatures and animal health and well-being. mPowered will encourage and reward data sharing at all points along the supply chain, from farm to table. Farmers will collect rewards for data they already have from using precision agriculture machinery and Internet of Things (IoT) sensors including production rates, tillable acreage, surface temperatures in fields, water availability, pest infestations, fertilizer coverage and more.
Unlike other data aggregator solutions, mPowered goes beyond simply hosting data. It empowers farmers to decide for themselves if and with whom their data will be shared, and to benefit financially from the exchange.
"mPowered's proprietary algorithm and machine learning technology will provide farmers with the means to monetize the data from their individual experiences for an additional revenue stream and in this way contribute to the stability, security, innovation and growth of the global agricultural system," Sotomayor said.
"mPowered is committed to building transparency and trust in the global data sharing community. Our mission is driven by the belief that data should be available and accessible worldwide," Sotomayor said. “This is especially true when it comes to agriculture. Feeding the world's growing population is driving more and more technological innovation, which places more and more demands on the agri-food sector to capture data in order promote traceability, food safety and quality assurance, reduce waste, combat food fraud, and more.
"The mPowered ecosystem will generate MORE valuable, validated data to broaden and deepen our understanding of the state of the global food system, while making sure rewards for creating that knowledge are shared fairly among all participants."
Join the mPowered data revolution by sending us an email at hello@mpowered.io