Data brokers today collect information on people all over the world from a variety of online and offline sources. They compile the data into profiles, which they sell to companies that can use them to make decisions that affect ordinary people’s lives without them knowing. Recent technical advancements, such as Blockchain and Secure Multiparty Computation, have made it possible to create a superior platform for doing market research while putting data control and monetization in the hands of the people who generate it.
Table of Contents
The INSTAR Blockchain is powered by INSTAR, a native cryptocurrency token developed by the Insights Network team.
Instar Blockchain is a fully functional, decentralized delegated proof of stake blockchain that exchanges data using EOS open source software and sMPC technology. On www.instars.com, INSTAR tokens are apparently used to fund market research requests such as surveys, access research reports, and more. “Staking for SaaS” gives you free access to enterprise-grade survey software that accepts cryptocurrencies as payment.
The Insights Network is a blockchain-based data exchange that enables anyone to manage and monetise their data in a liquid, real-time data marketplace. This marketplace is powered by the “INSTAR” token and runs on the Insights Network protocol, which is built on top of the EOS blockchain.
Individuals can earn cryptocurrency by engaging in the Instars platform’s voluntary data exchange. Instead of full personal information, just broad demographic information is exchanged. Brandan Zaucha and Brian Gallagher are the founders of Insights Network.
They primarily serve two sorts of users: those who request data (we refer to them as requesters) and those who offer it (we refer to them as providers). Although most requesters are businesses, anyone can purchase INSTAR tokens and use them to make a data request to the Insights Network. Providers are users who cooperate with a data request by supplying data; those who suit the target demographic of the data requester are reimbursed in INSTAR tokens for their data.
Moreover, individuals may safely own, manage, and monetize their data due to the Insights Network’s unique blend of blockchain technology, smart contracts, and secure multiparty computation.
If you’re looking for a place to purchase Insights Network, the best cryptocurrency exchanges to use right now are Uniswap (V2), and Bittrex.
No. There is no direct method to purchase INSTAR using cash. You can, however, utilize markets such as LocalBitcoins to first acquire BTC, and then complete the remainder of the procedures by moving your BTC to the appropriate AltCoin exchangers.
Yes, in reality, Europe is one of the easiest countries to acquire cryptocurrency in general. There are also online banks where you can create an account and send funds to exchanges like Coinbase and Uphold.
Exchange inflows and outflows, technical and fundamental changes, the news cycle, and the overall economic climate are all variables that impact ZI price and market cap.
Insights Network Official website –https://instars.com/
Insights Network Twitter –https://twitter.com/instartoken
Insights Network Medium –https://medium.com/@InsightsNetwork
Introduction The beginning of blockchain technology has started a new period for different business areas,…
Cryptocurrencies rose from obscurity to making global headlines in just 15 years. Bitcoin is the…
Online gambling has become a booming industry in recent years, witnessing an influx of players…
The online gambling landscape is witnessing a seismic shift with the integration of blockchain technology,…
Dive into the Digital Gold Rush: Bitcoin, the New Investment Frontier!
Riding the crypto wave, Bitcoin becomes global zeitgeist!