• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Upcoming Events
    • World Financial Innovation Series, Philippines (August 16-17, 2022)
    • Coinfest Asia, Bali (August 25-26, 2022)
    • Game On! (September 8-9, 2022)
    • MetaWeek, Dubai (September 11-14, 2022)
    • Future Tech Event, Oman (September 12-13, 2022)
    • METAVSUMMIT, Dubai, UAE (September 14-15, 2022)
    • NFT Show Europe, Spain (September 17-18, 2022)
    • TOKEN2049, Singapore (September 28-29, 2022)
    • Blockchain Economy Summit, Dubai (October 4-5, 2022)
    • Blockchain Expo North America (October 5-6, 2022)
    • AIM Summit, Dubai (November 21-22, 2022)
    • Future Tech Meet, Pakistan (November 23 – 24, 2022)
    • TRUSTECH, Paris (November 29 – December 1, 2022)
  • Past Events
    • Event Horizon
    • Blockchain Life
    • BlockShow Europe

Crypto Reporter

Online magazine about cryptocurrencies, NFTs, DeFi, GameFi and other blockchain technologies

Trade on the world's major crypto exchanges:
Binance | FTX | Huobi
  • News
    • News Feed
    • Cryptocurrencies
      • Bitcoin
      • Altcoins
    • Payment solutions
    • Exchanges
      • Binance
      • bitFlyer
      • Bitfinex
      • CBOE
      • CME
      • Coinbase
      • Coincheck
      • Coinfloor
      • Nasdaq
      • Poloniex
    • Regulations
      • Australia
      • Belarus
      • China
      • Europe
      • India
      • Iran
      • Israel
      • Japan
      • North Korea
      • Philippines
      • Portugal
      • Russia
      • South Korea
      • Thailand
      • Turkey
      • Venezuela
      • Vietnam
      • United States
    • Blockchain platforms
    • Crypto news in brief
    • Stats & trends
    • Reviews
      • Ambrosus
      • ATN
      • Dash
      • Green Power Exchange
      • Power Ledger
      • ShapeShift
      • Waltonchain
      • Cryptocurrency market capitalization can top 4 trillion USD, under conservative estimates
    • Opinion
    • Sponsored
  • Press Releases

Former Last.fm’s founder shakes up user privacy access with new Slant on blockchain technology

January 30, 2019 By Crypto Reporter PR

Slant, the system for private data computations and data marketplaces in distributed environments, launches GDPR compliant privacy solution for dApps on the EOS blockchain. The technology empowers companies and individuals to privatize and own their data stored on decentralized systems. Slant provides dApps with a simple API to store private data and delegate permission to a smart contract.

Companies have the power to access personal information for their own profit. For example, insurance companies can use extensive data mining to determine whether a person is a risky driver or an unusual health risk. Data mining, aggregation, and sorting has preoccupied the burgeoning field of informational privacy for the last decade. Imagine owning that information, YOUR information, and designating who has access to it by controlling permission for use. Instead of paying the price with personal information, data can be sold, at a price, creating a revenue instead of other companies monetizing the data they collect. This seems like a glimpse into the future, but with Slant’s new technology, that future is now, making private information accessible to those who have been granted permission using blockchain technology. Slant is the vehicle to own personal data and stipulate the security and use thereof.

Slant’s systems allow companies and individuals to control the use of their data ordinarily used to make “Siren Servers” such as Google and Facebook profitable, as well as instances of data mining and where AI is concerned. This development enables companies to switch to decentralized technology and provide a new monetized offering for their users. Recently introduced Data Protection Regulation (GDPR)1 in the EU have made it even more difficult to be in compliance. Slant provides the solution for dApps to store files in an encrypted way while retaining the ability to grant reading rights to interested parties.

With Slant, users are given the freedom of:

  • Ownership of their information used to sell to advertisers or companies.
  • Granting or denying permission information used across decentralized systems.
  • Monetizing their own data, making it profitable for themselves.
  • Issuing smart contracts in order to release encrypted information.

On Slant, data cannot be decrypted or hacked because it gets split and distributed into multiple nodes all containing a fraction of the full code. Slant’s innovative developments on the blockchain aim to increase efficiency and transparency, not requiring trust in the operator, as well as reducing costs by eliminating middlemen.

Slant has arrived at the pinnacle of an “information revolution”, as co-founder Michael Breidenbrücker emphasises, “…today we are witnessing the beginning of the failing traditional, productivity centric economic models. Inflationary monetary policy and financial crisis are only the first signs of our collapsing economic model. With the Slant protocol, we are proposing a new economic model which reflects a new concept of labor. It is centered on data as the most fundamental value driver and therefore evolve the labor based concept of work. It is designed to turn data into a valuable and transferrable digital asset which represents the labor factor of the information economy.”

Michael Breidenbrücker, co-founder of Slant (best known as co-founder of Last.fm)

About
SLANT is a system for private data computations and data marketplaces in distributed environments that began in January 2018. The team consists of tech entrepreneurs; Michael Breidenbrücker, Marcel Vaschauner, Angelo Laub, Fabian Frank and co-ordinated by Tassia Breidenbrücker. Michael Breidenbrücker is best known as co-founder of Last.fm, founder of RjDj and partner at venture firm Speedinvest along with Slant’s. He has been working with artists such as Hans Zimmer, Imogen Heap, Air (French Band), and Booka Shade. In 2011 he produced Inception The App together with multiple award winning film director Christopher Nolan and multiple award winning composer Hans Zimmer, which reached number 5 in the US App Store charts.

Filed Under: Press Releases

Primary Sidebar

Follow Us

Press Releases

Oz Forensics, AppsFlyer and OutSystems have made the most strategic move to capitalize on Philippines’ fintech market

August 12, 2022

The World’s Flagship Blockchain Event Coming to DUBAI

August 12, 2022

Blockchain Game Developer Wemade Unveils NILE NFT Platform

August 12, 2022

The Sandbox unveils first-ever pop-up presence in Hong Kong’s silicon valley of culture – K11 MUSEA, paving the way for Alpha Season 3

August 12, 2022

Covalent Integrates with Nervos Network to Increase Transparency of On-Chain Data

August 12, 2022

Parity Technologies Joins Pastel Network to Disrupt Polkadot’s NFT Ecosystem

August 12, 2022

NFT Show Europe maps out the metaverse by connecting blockchain innovators with immersive digital artists

August 12, 2022

TechStorm’s Newly-Launched Media Launchpad Strikes Collaborative Partnership Across 11 Territories with Asia’s Leading NFT Marketplace XT NFT

August 12, 2022

NFT Expoverse

WFIS2022

Coinfest Asia

MetaWeek

Future Tech Event

NFT Show europe

AIM Summit

Footer

Crypto Reporter is an online magazine about digital currencies and blockchain technologies
About us
Contact us
Submit press-release

Search

2017-2022 Crypto Reporter