Monday, 16 April 2018

Why data is the new currency

Data is the currency of the future

We are living in 21 century which is already defined as the century of data, AI (Artificial intelligence), Advance Technology.

This new century have its own currencies (we can consider)
 "Data is the new currency"

"Data is the new oil"

some peoples call it data is the new gold , because if you have much data, then you make convert into money or in something else. You know how?

Here are some examples of why data is the new currency? 
How this data is used as for advertising to your target audience.
There are different methods that how you use this data, its fully depend on you how you utilize your data or information.

1) How data is used for Email marketing
   For email marketing you need more contact details as much as possible. If you have email or       contact details of 100K peoples from any particular niche, For example "retired persons/peoples"     then this data can be easily used for advertising to target them various pension schemes, etc

But you must remember that this data should be collected through ethical way otherwise it considered as cyber crime.

be updated with us to understand why you should secure you private data and we shall give you some important data security tips while your surfing internet or making online payment. While you surviving in this digital world be sure that you are protected your data, because you just learned "Data is the new currency"


Data is the new oil of the digital economy

If you consider who will be future superpower in the next generation then my answer will be the county which has more technology and data. We are living in digital economy ,moving towards cashless, paperless, etc. to be cashless economy then we must know the danger of fully depend on digital economy, As if someone wrong person got this all data then whole country drop into biggest problem, here is what data security comes into play, data security is not a task, its a process which never ends, everyday we should protect our data. When you are running a company or managing a group of peoples ,whose data is saved on server to access it from all across the world and it could be dangerous or insecure if some unknown person/ your competitors got this data from your servers. You could loose many secrets ,this could make you or a company bankrupt. Please concentrate on data security if you are related to digital world or digital economy.

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