PIP Data Platform for Consent-Based Data Monetization
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Solution Overview
Problem
Personal intelligence profile (PIP) data owners are not adequately compensated for their data, which is often gathered and exploited by various entities without their explicit consent or control, leading to feelings of antagonism and lack of financial benefit.
Innovation Solution
A platform and method that allows PIP data owners to control the usage and monetization of their data through defined criteria, enabling them to selectively provide data to users and receive monetary benefits, thereby commoditizing their information.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Quantity of substance
If PIP data is gathered and exploited by entities without explicit consent, then data availability and commercial value are improved, but PIP data owners receive no profit and develop antagonistic feelings
Solution Approach 1:
The patent introduces a PIP platform as an intermediary between PIP data owners and data users. This mediator facilitates transparent data transactions, ensures owners receive compensation, and provides control mechanisms. The platform mediates the interaction by matching data supply with demand while enforcing ethical data handling practices and profit distribution to owners.
2Object-generated harmful factors
If PIP data owners control data gathering and usage with defined criteria, then ethical data handling and owner profit are improved, but data accessibility and usage volume are reduced
Solution Approach 1:
The patent implements dynamic control mechanisms where PIP data owners can adjust their data sharing criteria, permissions, and compensation requirements in real-time. The system allows owners to dynamically modify which data elements are shared, with whom, and under what conditions, enabling flexible adaptation to changing ethical standards and personal preferences while maintaining data flow.
3Productivity
If PIP data is transferred or traded without owner consultation, then commercial transactions are simplified and speeded up, but owner awareness and consent are compromised
Solution Approach 1:
The patent requires PIP data owners to pre-configure their data sharing preferences, consent parameters, and compensation requirements before any data transaction occurs. The system performs preliminary actions by establishing these rules in advance, so that when data transactions occur, they automatically comply with owner preferences without requiring real-time consultation, thus maintaining both speed and awareness.
Data Source
AI summary
Methods and systems for rewarding a personal intelligence profile (PIP) owner who owns associated PIP data used by a PIP data user. The methods are performed using a PIP platform that includes a dedicated server that mediates between the PIP data owner and the PIP data user. A method may comprise, through the dedicated PIP platform, obtaining PIP data associated with the PIP data owner according to criteria defined by the PIP data owner, determining a value of the obtained PIP data, providing the PIP data to the PIP data user, and paying the PIP data owner a reward based on the obtained PIP data value.