Many businesses (e.g. Google, Facebook, Banks, etc.) depend on people’s personal data, but the people who own that data usually get no financial benefit from it. Datacoup finished a summer trial of its service and now allows you to “Sell Your Personal Data for $8 a Month”
Many businesses depend on people’s personal data, but the people who own that data usually get no financial benefit from it. Datacoup, one of the first companies to offer people money in exchange for their personal data, has finished a closed trial of its service and is now opening it to anyone (see “Sell Your Personal Data for $8 a Month”). Datacoup will pay up to $10 for access to your social network accounts, credit card transaction records, and other personal information, and will sell insights gleaned from that data to companies looking for information on consumer behavior. Talks are in progress with major consumer brands and financial institutions, says Matt Hogan, CEO of the startup.
