Exciting news! Earlier today, we issued a joint announcement with data collection firm Delvinia, covering its significant recent investment in Measure Protocol. Delvinia is considered an authority on the data economy and an "innovation incubator." This investment reinforces our approach to "building the future of how data is collected and exchanged, ultimately giving consumers control of their data."
With a shared vision of reinventing how data is being used - based on principles of data sovereignty, privacy, transparency and fair compensation - this is a perfect partnership. As part of the relationship, Delvinia will provide Measure with strategic advice and identify immediate opportunities to improve the research experience.
In a press release issued this morning, Adam Froman, founder and CEO of Delvinia, said:
“We’re in a major period of transformation for the data collection industry where all players will need to adopt new practices to improve data quality. Pioneering technologies like Measure Protocol significantly deepen the levels of trust that are—and will be needed—to power data into the next century. And it puts Delvinia ahead of the curve. As significant investors, we’ll be one of the first data collection companies in the world to use the protocol once it’s fully developed.”
This investment will allow Measure to extend our core development work into advanced cryptography for protecting consumer data and profiling, while also using the investment to launch our consumer facing application business in the second quarter of 2019.
Measure Protocol CEO and co-founder Owen Hanks commented:
“Delvinia is the perfect investor to help accelerate our vision of advancing how research is conducted, using blockchain to ultimately improve data quality. We wanted collaborators who share in our vision of putting the control back in the consumer’s hand and value the user experience. With Delvinia, we now have a partner on our scale of making bold moves to better the industry.”
Click here for the full press release.