Wibson DApp is created to ensure a decentralized ecosystem around the data sharing infrastructure, the system is envisioned with the goal of ensuring accurate data retrieval and data sharing and to surround the data providers with incentives for the data provided, making it a win-win solution for data sharing infrastructure and its participants.

The financial incentives for data providers is an added advantage to the community participants, the major goal for wibson project is to decentralize the data industry, including the big data industries and research institutes, allowing these companies to retrieve important data for analytical purposes from the right sources at cheaper rates.
The Wibson App is built with a mission to ensure the removal of third party data sellers to the data sharing infrastructure, and to ensure that a globalized ecosytem for data sharing with particular values accruing to the ecosystem, some of the values includes:

TRANSPARENCY:

The wibson platform was built on top of the blockchain ecosystem as a means to ensure transparency, even though it operates in both on-chain and off-chain methodologies, the basic ideology for the platform is to ensure that each and every transaction done on the platform is carried out judiciously in a transparent manner, ensuring effective decentralization and making it possible for efficient auditing of the entire ecosystem to be possible.

Asides that, the use of ethereum blockchain, makes it possible for auditing to be done using the blockchain explorer, hence transparency is ensured.

ACCURACY

To ensure the accuracy of individual data published on the platform, Wibson team has introduced several methodologies for checks and balances using both smart contracts and notaries, this is to enforce legality of data been bought and sold on the platform and to make it possible for accurate data analysis to be possible. Wibson is an international project and data accuracy is needed to ensure the stability and the globalization of the project.

PRIVACY:

Blockchain technology was created to foster anonymous transactions and since Wibson is part of this ecosystem, it is expedient to follow this ideology as it will help encourage individuals to come up and share their data, when they know that their identity will be kept private.

SECURITY:

The security of every infrastructure is paramount to the well-being of such. As i have said times without number, blockchain technology is immutable, and Wibson Architecture is built on top of the ethereum blockchain. Even at that, The Wibson App is constantly updated to ensure security of individual’s data and security checks are ran over and over again intermittently.

INTEROPERABILITY

The ability to utilize a particular infrastructure in a place is good, but the ability to utilize such infrastructure in different geographical locations is paramount. Wibson App is already a working product in 4 countries, developmental procedures project that more countries are about to join and the App would soon become usable on a global scale. This ability to interact between people of all races and geographical locations could pave the way for brand new opportunities and innovations in the data sharing industry.

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