Jupiter Chain and Deloitte announced a strategic collaboration to implement in Southeast Asia an innovative data exchange which provides consumers with a fully transparent avenue for monetising their data by connecting with businesses on the blockchain. The partnership will leverage the strength of Jupiter Chain’s blockchain solutions along with the breadth and depth of Deloitte’s technology and regulatory risk management services designed to improve business capabilities in the areas of technology, risk, governance, compliance and regulation.
Set to change the way data is handled, shared and monetised, the data exchange platform developed by Jupiter Chain will allow exchanges to happen securely, protecting the privacy of the individual’s personal information. Data owners will have greater control over their data, gain better access to tailored services and be rewarded directly for their data contributions.
In turn, Deloitte will advise on relevant regulations such as data laws and potential GDPR considerations for the data exchange model envisioned by Jupiter Chain, and on the technical front, Deloitte will review Jupiter Chain’s blockchain architecture, design and processes.
“We look forward to work with a globally renowned and respected brand such as Deloitte to elevate our platform solution. I strongly believe that this strategic relationship will fuel the development of not only Jupiter Chain but the adoption of blockchain technology on a wider scale,” said Daphne Ng, CEO of Jupiter Chain.