User data to generate revenue opportunities for KamPay users and African continent
NEW YORK, April 14, 2022 /PRNewswire/ — Data Vault Holdings, Inc., leading the way in tokenomics and metaverse data visualization, valuation, and monetization, today announces a partnership with desktop and mobile app KamPay, which includes a universal currency, wallet, and digital platform to serve the African populace. The collaboration brings opportunities to optimize data sharing across the African continent while safeguarding and securing customers' digital assets.
The 54 countries of Africa, collectively, present a major opportunity to further implement cryptocurrency as an alternative financial solution for the more than 95 million unbanked across the continent. KamPay will help users to overcome challenges such as limited branch coverage, low trust, and lack of accessibility to central banks. In addition to more financial inclusion, KamPay will also help users to monetize personal data.
"The Datavault® platform will build on the complementary capabilities of KamPay in the midst of the mobile platform's rapidly growing digital asset ecosystem. We share with KamPay a vision in providing security and trust through the metaverse and blockchain. We will help the mobile and desktop app users to unlock derivative data within a personal account to transform into data objects for monetization, to be bought, sold, and traded through the Datavault® platform's Information Data Exchange®," says Nathaniel Bradley, co-founder and CEO of Data Vault Holdings.
Datavault® is powered using blockchain technology, meaning the information is protected and ownership is guaranteed. The platform's technology will provide Kampay with the tools to address issues such as digital data security; ownership rights; and data management. Coupled with the KamPay cryptocurrency, data monetization using Datavault's crypto technology will inspire independence, autonomy, and trust through an alternative currency system. The Datavault®-KamPay collaboration will create a foundation for new financial opportunities and growth throughout the African continent.
Additionally, KamPay users can confidently create NFTs using the Datavault® platform to mint unique digital assets from art, GIFs, collectibles, and more. KamPay users can also create income for themselves by donating personal data through surveys.
"KamPay, like Datavault®, has been made possible through blockchain technology, and the immense potential within our partnership sits at the convergence of various highly favorable market trends–increased use of smartphones, growth of African economies, and inadequate banking facilities. KamPay's universal African currency will help to drive the adoption of the Datavault® platform as users recognize the monetary value within data stored within their securitized, private accounts. We are excited at what the future will bring to KamPay's users, the millions of unbanked people throughout African nations, and individual African countries at-large," says Dr. Christopher Cleverly, CEO of KamPay.
Africa is home to some of the world's fastest-growing economies–Tanzania, Rwanda, Ghana, Ivory Coast, and Benin, to name a few. By 2050, the continent's Gross Domestic Product (GDP) is estimated to grow from $2.6 trillion today to $29 trillion1,2. The collaboration between Datavault® and KamPay will ensure that data and crypto currency play a significant part in helping to revolutionize data acquisition, financial opportunity, and economic growth throughout African countries.
"With our partnership with KamPay, Datavault® sees our mission coming back full circle. We began our company with the goal of allowing individuals to donate their data to worthy causes of their choosing, and our patented platform empowers KamPay users with the ability to make data donations. We are thrilled at the chance to contribute to the burgeoning economic growth of many African countries, and believe that crypto technology and data monetization through the Datavault® platform will serve as key components of this growth," says Alfred Blair Blaikie III, President and co-founder of Data Donate Technologies.
1: "GDP Of Africa", Statistics Times, https://statisticstimes.com/economy/africa-gdp.php.
2: "The High-Growth Promise Of An Integrated Africa," Brookings Institute, August 2, 2019, https://www.brookings.edu/opinions/the-high-growth-promise-of-an-integrated-africa/.
About Data Vault Holdings Inc.
Data Vault Holdings Inc. is a technology holding company that provides a proprietary, cloud-based platform for the delivery of branded data-backed cryptocurrencies. Data Vault Holdings Inc. provides businesses with the tools to monetize data assets securely over its Information Data Exchange® (IDE). The company is in the process of finalizing the consolidation of its affiliates Data Donate Technologies, Inc., ADIO LLC, and Datavault Inc. as wholly owned subsidiaries under one corporate structure. Learn more about Data Vault Holdings Inc. here.
About KamPay
KamPay entered the cryptocurrency market to be part of an economic revolution that triggers positive changes across the African continent. The company is administered by a multifaceted team that combines efforts and knowledge to revolutionize the way users handle cryptocurrencies and mobile money. Additionally, KamPay offers digital solutions that can be groundbreaking for economies for various African countries, and the overall African GDP. As crypto and mobile adoption grows exponentially, KamPay envisions that its products and services can grow side-by-side with the world's largest growing economy and fulfill the particularities of the crypto market. Learn more about KamPay here.
Company Contact:
Data Vault Holdings Inc.
48 Wall Street, Floor 11
New York, NY 10005
1-844-DATA-400
Media Contact:
Angry Apples Marketing
1-844-GO-ANGRY
hello@goangry.com
www.goangry.com
View original content to download multimedia:https://www.prnewswire.com/news-releases/datavault-to-monetize-data-from-kampays-18-million-subscribers-through-international-partnership-301525899.html
SOURCE Data Vault Holdings Inc.
Bridgewater’s co–chief investment officer said the U.S. economy could slow down further.
In a key win for the embattled biotech, bluebird bio Inc. has scored two endorsements in as many days from an advisory committee to the U.S. Food and Drug Administration.
The rate of U.S. inflation reached a 40-year high of 8.6% in May as overall prices for things including rent, gas and food all remain on the rise. “I personally believe that this inflation is here to stay for quite some time,” Orman recently told CNBC, prior to the release of May’s CPI data from the U.S. Bureau of Labor Statistics. The first is a fixed rate when the purchaser buys the bond, and the second is the inflation adjustment rate, which is reset every six months based on inflation.
For the second time in three years, Tesla will split its stock, lowering its price and increasing the number of shares outstanding.
(Bloomberg) — Former Treasury Secretary Lawrence Summers said the Federal Reserve has failed to account for its mistakes and to realize the damage to its credibility after the latest inflation data dashed hopes that a peak had been reached.Most Read from BloombergUS Lifts Covid-19 Test Requirement for International TravelUS Inflation Quickens to 40-Year High, Pressuring Fed and BidenEating Two Portions of Fish Per Week Linked to Deadly Skin CancerFive Key Moments From the Jan. 6 Capitol Riot He
Yahoo Finance's Jared Blikre explains what's behind today's market sell-off. 
In this article, we discuss the 15 best penny stocks to invest in. If you want to skip our analysis of these stocks, go directly to the 5 Best Penny Stocks To Invest In. The US equity market has been volatile since the start of 2022. The Dow 30 Index extended an eight-week consecutive losing […]
The Facebook parent’s lawyers have been investigating outgoing COO Sheryl Sandberg’s use of corporate resources for personal projects going back several years, people familiar with the matter say.
LOS ANGELES (Reuters) -U.S. President Joe Biden on Friday accused the U.S. oil industry, and Exxon Mobil Corp in particular, of capitalizing on a supply shortage to fatten profits after a report showed inflation surging to a new 40-year record. Biden, who came into office vowing to reduce U.S. dependence on fossil fuels, said on Friday he was hoping to speed up oil production, which is expected to hit record highs in the United States next year. But he also issued a warning to the industry, whose profits have jumped with oil and gas prices, pointing to the gains as evidence consumers are paying for more than higher labor and shipping costs.
The relaunch will begin on Russia Day, a patriotic holiday celebrating the country's independence, at the same flagship location in Moscow's Pushkin Square where McDonald's first opened in Russia in January 1990. In the early 1990s, as the Soviet Union crumbled, McDonald's came to embody a thawing of Cold War tensions and was a vehicle for millions of Russians to sample American food and culture. The brand's exit is now a powerful symbol of how Russia and the West are once again turning their backs on each other.
Electric vehicle maker says it wants to go forward with plans for another stock split, but there's something that has to happen first.
U.S. stocks sank Friday as investors digested two downbeat prints on the U.S. economy.
Markets are volatile. Use these dividend stocks for peace of mind.
(Bloomberg) — When the nineties ended, an overvalued stock market took three long years to rid itself of its accumulated excess in what is now known as the dot-com crash.Most Read from BloombergUS Lifts Covid-19 Test Requirement for International TravelUS Inflation Quickens to 40-Year High, Pressuring Fed and BidenEating Two Portions of Fish Per Week Linked to Deadly Skin CancerFive Key Moments From the Jan. 6 Capitol Riot HearingSony PlayStation’s New God of War Video Game Planned for November
Since taking the reins as CEO of Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) in 1965, Warren Buffett has put on a moneymaking clinic for Wall Street. While there are no shortage of reasons for the Oracle of Omaha's sustained success, his love of dividend stocks could be the most important component. Dividend stocks are almost always profitable and time-tested.
In this article, we discuss 10 beaten-down Asian stocks to buy today. If you want to see more stocks in this selection, click 5 Beaten-Down Asian Stocks to Buy Today. While the US dollar remains strong, Asian markets on June 10 stumbled on the back of higher rates guidance from the European Central Bank and […]
“Ball of confusion, that's what the world is today,” sang the Temptations on their 1970 classic, a sentiment which can readily apply to the stock market’s present state. It’s hard to get a grip on the market’s choppy action in 2022 and investors could use a clear signal to follow when considering a new investment. One way to get a head start is by tracking the moves of the insiders. These are the corporate officers with in-depth knowledge of the companies they helm. To keep the playing field lev
Inflation remains white-hot. These stocks can help stop the pain.
ChargePoint, Autoliv, and QuantumScape look like excellent long-term bets, despite the near-term headwinds they face.
While there’s no magic number as to the amount of money someone should have in savings, experts agree that at least having an emergency fund — anywhere from 3-to-9 months of expenses — in savings is imperative. Certified financial planner Elaine King Fuentes adds, “It would be ideal to have liberty and to be able to do anything you want for at least one year.”

source

By admin

Leave a Reply

Your email address will not be published. Required fields are marked *