- Data protection laws now adopted by nearly 90 countries and independent territories
- SRAX’s BIGtoken platform provides transparent solution that compensates users while providing fee-based access to marketers
Increasing privacy concerns over the use of personal data have played a large part in driving users away from many popular social media platforms that include the loss of over 15 million users by Facebook in less than two years (http://nnw.fm/AiOIF). Accordingly, nearly 90 countries and independent territories throughout the world have now adopted comprehensive data protection laws that aim to protect the public from marketers that obtain and sell data without their explicit permission (http://nnw.fm/luFXd). SRAX Inc. (NASDAQ: SRAX), a digital marketing and consumer data management technology company, evades this problem through its transparent BIGtoken network that compensates millions of users when they opt in to sell access to their data while simultaneously creating valuable data sets that marketers can access for a fee.
Dubbed by some analysts as the new “oil” powering the digital economy, the importance of data is now reaching mainstream consciousness where consumers are increasingly becoming aware that their data is generating billions of dollars for marketers. Encouraged by SRAX’s message to…
NOTE TO INVESTORS: The latest news and updates relating to SRAX are available in the company’s newsroom at http://nnw.fm/SRAX
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