Read how L1X and the L1X Web3 Username are About to Change Your Relationship to Your Data and Control Over it. Forever!
Data is undoubtedly one of the most valuable assets in the world today. According to a report by Statista, the global personal data industry was worth $2.74 trillion in 2022 and is projected to reach $4.2 trillion by 2025. The top five companies in the world in relation to revenue from user data, collectively make over $750 billion per year from user data. This is YOUR data companies are making trillions from. Revenue from your data is their priority, not security, There have been over 5 billion user data hacks reported globally in 2023.
Here is a breakdown of the number of hacked records by industry:
- Healthcare: 45%
- Financial Services: 25%
- Retail: 15%
- Government: 10%
- Other: 5%
What can you do about this?
Securing and managing your own data can be complex and a bit daunting for many. Traditionally users are told to take certain actions to protect themselves from data hacks, such as
- Use strong passwords and change them regularly.
- Be careful about what information you share online.
- Install security software and keep it up to date.
- Be aware of phishing attacks and malware.
However, these actions are not as simple to implement as they sound and are often not easy to maintain.
What if there was a solution that helped you secure your data in a much easier way through blockchain, or even eliminate that need for some of the above actions altogether, while at the same time providing you with the opportunity to make money from your own data?
Introducing the Layer One X (L1X) Digital Identity and Data Control Technology
What Bitcoin did for money is what L1X is doing for Data. L1X has created the opportunity for you to own your own data and control access to it. L1X allows you to pull in and store your personal data into an encrypted blockchain environment, then allows you full control over who you allow access to and which parts. Once you have control of your data, you can allow access, revoke access from someone you have previously shared it with, and allow others to verify data but not reveal that data to them. For example, if someone or some entity wants to check you are over 18 you could verify that without revealing your date of birth.
This technology is truly groundbreaking and will reshape the way data is accessed, secured and shared within the world.
Let's break down the key features that make the L1X Digital ID and Data Control Technology such a game-changer:
- Universal Digital Identity: Effortlessly curate and control your digital presence across diverse blockchains and social media platforms. Bid farewell to the hassle of juggling numerous digital personas on the decentralized web.
- Data Management and Security: Get a consolidated view of your wallet addresses and securely manage data imported from Web2 platforms.
- Monetization and Opportunities: Explore the potential to monetize your data through advertising revenue paid directly to you and not a centralized middleman.
- Space Cards Feature: Create personalized, decentralized bio pages that you fully control, representing various aspects of your digital life.
- Community and Verification: Engage with a network of verified individuals, enhancing trust and security in your digital interactions.
Join the L1X community to Learn more.
How do I get started?
The key to unshackling the hold big companies have over your data and bringing it into your control is first securing your own L1X Web3 username.
The L1X Web3 Username is much more than a simple online alias. It's a game-changer in the world of digital identity. Imagine having complete control over your personal information and assets online, with enhanced privacy and security. That's exactly what the L1X Web3 Username offers. It's your key to a world of possibilities, it opens doors to hosting websites and content and expanding your digital presence like never before.
Benefits and Advantages for Web3 Username Holders
As a Web3 Username holder, you'll enjoy numerous benefits:
- Seamless Digital Identity Management: Your Web3 Username is the foundation of your Space Cards, simplifying identity management across the Web3 ecosystem.
- Access Control Simplified: Customize your privacy and security settings, giving you full control of your online presence.
- Effortless Website Hosting: Use the Space CMS system for easy hosting of web content, from personal projects to professional endeavours.
Embrace the Future for Data Ownership with L1X Web3 Username
In conclusion, it's time to take control of your own data away from big business. Whether you're interested in enhanced security and privacy for your data or the monetization opportunities it provides, ultimately it is your data and you should have the right to choose who interacts with it and what happens to it.
Don't miss out on the future of digital identity! Grab your L1X Web3 Username before someone else does and join the Layer One X ecosystem today.
Stay updated on Discord and Social Media, and do not miss the latest news!