Itheum ITHEUM Price $ 0.00972

Itheum is the world’s first decentralized, cross-chain data brokerage platform. Itheum focus on unlocking data silos, created and closely guarded by Web2 organizations, to generate new value for the owners of this data. Itheum recognize that data is a highly tradable asset with immense worth for those who control it — in this sense, we aim to empower users by letting them regain control of their data to the users as we enter the Web3 and Metaverse era.

In Web2, data brokers and major corporations typically harvest, package, and sell user data on separate markets, meaning they leverage your information to influence and advertise to you while also generating immense profits in the process. Luckily, Itheum has a novel solution to change the pernicious behavior of these Web2 enterprises, finally enabling users to truly own and benefit from their respective data.

Itheum's platform will enable users to enter their verifiable personal data into the Web3 world and Metaverse, where they will have greater control over how their information is used — as such, our decentralized personal data repository and data brokerage platform will enable multiple use cases within the blockchain space. Users on Itheum's platform will be able to determine how their data is used in the DeFi (decentralized finance), social media, insurance, health, gaming, and Metaverse spaces, among others.

Unlike most projects in the crypto space in their development stages, Itheum is already a step ahead of the game with a working product that’s been tested by users. Itheum's platform also has cross-chain compatibility, meaning it can be used across multiple blockchains and decentralized protocols.