Monday, March 10, 2014

Omlet - an app free of data monetization

I found an article discussing how Stanford Ph.D. students have created an app called "Omlet" that allows for social networking without monetization of personal information. The app is a "distributed semantic file system" that decentralizes storage of information, minimizing control over the information by one party. This app was created as an alternative to Facebook and Whatsapp, who are known for monetizing data. This app seems pretty accessible in terms of cost and availability. Pursuant to our conversation last week on privacy as a luxury good and people paying money to protect their privacy, developments such as this one make me wonder if the public will happily embrace this app. It would allow for privacy without having to give up social connection. I'm interested in seeing where this app goes.

http://news.stanford.edu/news/2014/march/privacy-economy-app-031014.html

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