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Measurable Data Token
About Measurable Data Token
MDT (Measurable Data Token) is a decentralized data exchange token that rewards users for sharing anonymous data, creating a tangible form of “data monetization”. It’s part of the Measurable platform, which allows users to share data anonymously with businesses and advertisers, receiving MDT tokens in return. The platform ensures user data privacy by anonymizing and aggregating data before sharing. MDT tokens are used to reward users for sharing data and by businesses to purchase data from the platform. MDT was founded by Heatherm Huang.
*MDT (Measurable Data Token):* MDT is a decentralized data exchange token. Its main purpose is to reward users for sharing their anonymous data, bringing the concept of "data monetization" into a tangible form. MDT creates an ecosystem where data can be traded in a transparent and privacy-compliant way.
*The Measurable Platform:* Beyond just the token, MDT is an integral part of the Measurable platform. This platform allows users to share their data anonymously with data consumers, such as businesses and advertisers. In return, they receive MDT tokens as compensation. The platform focuses on ensuring user data privacy by employing techniques that anonymize and aggregate data before it's shared.
MDT tokens are primarily used to reward users for sharing their data on the Measurable platform. Additionally, businesses and advertisers can utilize MDT to purchase data from the platform, making it a medium of exchange within the data trading ecosystem.