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Reklaim Ltd V.MYID

Alternate Symbol(s):  MYIDF

Reklaim Ltd. is a Canada-based consumer data and privacy provider. The Company is engaged in offering compliant, first-party data to Fortune 500 brands and agencies, platforms, and data companies through which it allows consumers to visit the platform, confirm their identity and unveil data that has been collected and sold on them for years without the consumer's explicit consent. It enables consumers to take back control of this data by setting up a Reklaim account where, should they choose to, consumers can be compensated for using their data. In a Reklaim account, users can edit, add or remove data from their profile. It allows consumers to visit the platform, confirm their identity and unveil data that has been collected and sold.


TSXV:MYID - Post by User

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Post by waves1on Jan 31, 2022 3:33pm
118 Views
Post# 34380706

MYID products & future speculation

MYID products & future speculation

Given Web3 is built upon data privacy, $MYID is solidly positioned to capitalize on its implementation.

While the majority of the population does want to sell their data, approximately 40% does not which $MYID is able to satisfy by providing users with the choice of selling or protecting their data; thus satisfying both sides of the population. Notably, $MYID has recently expanded to an all-in-one data privacy application as they are now offering a VPN service.

Additionally, I noticed a few hints about a new paid privacy tier of $MYID's app which, along side their VPN service, would create recurring revenue for the company.

There's a lot in store for $MYID as this data transition continues IMO and, as they are the only company that is currently providing data protection as a service, they are quickly going to become a big player in the industry IMO

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