March 31, 2021 04:53 PM Eastern Daylight Time
LOS ANGELES–(BUSINESS WIRE)–BIGtoken, Inc., the first privacy focused, opt-in data marketplace where people can own and monetize their data, publishes a monthly report on the top 10 stories in data and crypto privacy.
“Why Facebook and Apple Are Fighting Over Your iPhone”Tweet this
Throughout March, Oklahoma and Florida reached new milestones in passing their own state data privacy bill, which helped further push the federal government to officially propose legislation concerning data privacy rules and security.
1. “Florida Data Privacy Bill,” The National Law Review – March 2, 2021
2. “Oklahoma House Passes Data Privacy Bill,” Tulsaworld – March 5, 2021
3. “Proposed Data Privacy Bill Creates Federal Data Standard, Empowers FTC,” HealthITSecurity – March 11, 2021
Two major court hearings against Facebook and Google took place where both judges ruled in favor of the claimants who took action against the big tech companies for privacy violations. Although it’s not looking good for the two companies, both maintain they were not in the wrong or violating any terms of service agreements.
4. “After Final Approval In $650 mm Biometric Data Privacy Suit, Facebook Seeks Arbitration For Instagram,” Biometric Update – March 1, 2021
5. “Judge Upholds Privacy Lawsuit Against Google,” Infosecurity – March 15, 2021
Big tech companies continue to battle one another over data protection and security. While the acrimony between big tech corporations will persist, other companies are implementing new protocols to comply with new rules and regulations that utilize robust blockchain technology to improve security and data privacy.
6. “Why Facebook and Apple Are Fighting Over Your iPhone,” USA Today – March 11, 2021
7. “DuckDuckGo Shames Google For ‘Spying’ On iPhone Users,” BGR – March 19, 2021
8. “Blockchain Could Be The Answer To Online Privacy Concerns,” CPO Magazine – March 23, 2021
As the cryptocurrency market matures, investors are expressing more concern over possible breaches with crypto transactions, creating a higher demand for more blockchain technology that will provide strong privacy and security as the market continues to grow and crypto spending starts becoming accepted by payment services.
9. “Where Does Crypto Stand When It Comes To Privacy,” Nasdaq – March 18, 2021
10. “Mina’s Mainnet Launch Marks A New Era For Internet Privacy And Data Security,” YahooFinance – March 23, 2021
BIGtoken is the first privacy focused, opt-in data marketplace where people can own and monetize their data. Through a transparent platform and consumer reward system, BIG offers users choice, transparency, and compensation for their anonymized data. Participating consumers earn rewards and advertisers and media companies get access to insights from compliant first-party data for marketing and media activation. BIGtoken believes that data privacy is a human right. For more information on BIGtoken, visit bigtoken.com.
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This news release contains “forward-looking statements” made pursuant to the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relate to future, not past, events and may often be identified by words such as “expect,” “anticipate,” “intend,” “plan,” “believe,” “seek” or “will.” Forward-looking statements by their nature address matters that are, to different degrees, uncertain. Specific risks and uncertainties that could cause our actual results to differ materially from those expressed in our forward-looking statements include risks inherent in our business, and our need for future capital. Actual results may differ materially from the results anticipated in these forward-looking statements. Additional information on potential factors that could affect our results and other risks and uncertainties are detailed from time to time in BIGtoken’s periodic reports filed with the Securities and Exchange Commission (SEC). We do not assume any obligation to update any forward-looking statements.