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Wibson uses the blockchain to create a decentralized network for data transactions and never stores your data. Once you accept an offer, you transfer your data directly to the data buyer andselect data offers to accept based on how much you will be paid, who is buying the data, and what it will be used for.
Once you accept an offer your data is encrypted and sent directly to the data buyer. Wibson never sees or stores your personal information.
Wibson supports consumers' ability to sell their personal data directly to data buyers, such as technology platforms, advertisers, marketers, academics and data-for-social-good researchers. In the Wibson marketplace, consumers decide when and to whom they sell their data based on transparent, market-driven offers that clearly outline the data requested, price, intended use, and data buyer.
The platform that Wibson provides uses a protocol through a Notary which acts as a verification system. The Notary verifies participant information, data quality, and is meant to help participants in areas of conflict before data sellers and buyers.