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Waev is a technology that has been developed and launched on the blockchain and is intended to be used for consumer data. It allows clients to store and share consumer data with security, privacy compliance, and monetization. The platform uses various technologies such as Solana, JavaScript, and IPFS.
Waev's data process begins when users enter their data into a client's website, and Waev collects and encrypts the data. Transactions are stored on the blockchain in decentralized data vaults, and smart contracts are utilized to set use controls. Clients of Waev can use the technology to read, update, and share records. That data can be shared with third parties through Waev, which uses data unions to monetize it.
The data is secured on the blockchain according to the consumer's opt-in consent and privacy preferences. The aforementioned smart contracts allow regulations to be continuously updated, and thus the consumers have the most up-to-date protections for their data.

