New Foundation Will Introduce A Solution For The Future Of Fair And Secure Data Collaboration For Our World

General Press Releases Friday September 14, 2018 16:01
SINGAPORE--14 Sep--PRNewswire/InfoQuest

The EQITII Foundation and its platform, the EQITII Marketplace, were introduced today in Singapore. EQITII sets new standards in data ownership, and is founded on three pillars: Privacy, Security, and Compensation.

EQITII Chief Executive Officer Mike Mulica and Chairman Tom Wheeler announced today the introduction of the EQITII Foundation and the EQITII Marketplace. Both Mr. Mulica and Mr. Wheeler presented insights into EQITII at a press briefing at the Mandarin Oriental Singapore.

The EQITII Marketplace has been designed to revolutionize data ownership. The EQITII Foundation will support the EQITII Marketplace, an independent, distributed and open marketplace for data rights. EQITII will introduce a new solution free for the world, built to address the critical challenge facing our world: too much data, in too many pieces, too small and too fragmented to technically, legally or ethically manage. The EQITII Marketplace will deliver a new global model of data collaboration across all data types. Supported by an independent foundation, it will function as a globally distributed marketplace, secured through a distributed ledger and facilitated through smart contracts and secure peer-to-peer transport channels. The result will be a free, democratized platform that will offer empowerment to data owners to monetize their data while making more data available to more organizations, liberating information once held under lock and key and accelerating data collaboration globally.

EQITII Chairman Tom Wheeler said today: "The goal was to establish a new paradigm where the capital asset of the 21st century, data, can be effectively and permanently managed by enterprises and consumer markets."

For further information contact:
T. Keith Mangum, Senior VP of Public Relations; +1.808.358.8274, keith@eqitii.com
www.eqitii.com
Logo - https://mma.prnewswire.com/media/740820/EQITII_Logo.jpg

Latest Press Release

Skulleton Watches at THOMAS SABO: The International Premium Brand Introduces Automatic Watches

THOMAS SABO, for the first time, presents a new collection of automatic watches, expressively designed in an iconic fashion, true to the brand's history of design. The five unisex models with the distinctive name 'Rebel Automatic Skulleton' - a notable...

A high-standard medical device industry competition is held by East China#s Xianju to attract talents

On September 18th, the first press conference of China Xianju's first global medical device innovation competition was held in Shanghai.This is the first attempt by Xianju County to attract talents through competitions.And also the highest level...

Diageo Reserve Appoints Award-Winning Irish Chef as New Global Food Authority

Diageo Reserve, the luxury portfolio of Diageo, has today announced the creation of a new food advocacy role within the business - the Global Gastronomer. (Photo: https://mma.prnewswire.com/media/748442/Mark_Moriarty.jpg ) The first of its kind in the...

Nourish your body and soul during Vegetarian Festival at Hong Kong Fisherman

Vegetarian Festival is one of the first and foremost religious events of the year. The festival aims to encourage people to keep up a high moral standard of good deeds in their actions, words, and thoughts, as well as to go meatless for their meals....

Anna Boyiazis to Receive the Alfred Fried Photography Award 2018 for the Peace Image of the Year

This evening, in the rooms of the Austrian Parliament, the winners were presented of the international photo competition for the best image of peace, now in its sixth year. The main award, Peace Image of the Year 2018, named after the 1911 Nobel Peace...

Related Topics