Phunware announces the launch of PhunCoin, a security token that seeks to empower consumers to take control of and be compensated fairly for their data.
“Data is arguably the most valuable asset on the planet, but consumers continue to be exploited for this vital resource without consideration or permission by large data oligarchs,” said Alan S. Knitowski, President, CEO and Co-Founder of Phunware. “We launched PhunCoin to usher in a new era of transparency and accountability that enables consumers to determine not only what data they share and who they share it with, but also what that data is worth.”
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