HudiPrice

(HUDI)

Hudi, which stands for Human Data Income, is a decentralized Web3 project focused on data monetization and digital sovereignty. Based in London, the project aims to shift the power dynamic of the data economy from large corporations back to individual users. Its core philosophy is that personal data is a valuable asset that belongs to the person who generates it, rather than the platforms that collect it. The ecosystem provides tools for users to securely collect, manage, and monetize their information anonymously. One of its primary components is DataMask, a dedicated data wallet powered by the Inter Planetary Data Wallet protocol. This tool allows individuals to encrypt and store sensitive information such as identity documents, login credentials, and health records while maintaining full control over their private keys. Another key feature is the Human ID, which serves as a digital passport to verify humanity anonymously. This proof-of-personhood mechanism ensures that interactions within the network are conducted by real people rather than bots, preserving the integrity of the data being traded. The project also offers a software development kit for developers to integrate these data management features into other websites and decentralized applications. The HUDI token is the native utility asset of the ecosystem, built as a BEP-20 token on the Binance Smart Chain. It functions as the primary medium of exchange within the platform. Users are rewarded with these tokens in exchange for their data and attention, such as through completing surveys or participating in market research. Beyond rewards, the token is used for transaction fees, staking to support network security, and governance, allowing holders to participate in decision-making processes via a decentralized autonomous organization. Hudi emphasizes regulatory compliance and transparency, specifically adhering to GDPR principles for data protection. By removing intermediaries and using blockchain technology, the project creates a peer-to-peer marketplace where data owners can receive a significant portion of the value generated by their information. This decentralized approach aims to create a more equitable and transparent digital economy where users are compensated fairly for their digital footprint. Learn more

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