My Data, My Money: Data Dividends and the Digital Economy

On Nov. 18, CoinDesk’s Ben Powers explores the data dividend: Is it an opportunity to restructure the digital economy on more equitable terms or merely a redesign of the current data ecosystem?

AccessTimeIconNov 17, 2020 at 12:39 a.m. UTC
Updated Sep 14, 2021 at 10:31 a.m. UTC
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Few could have imagined the true costs of “data for a service,” driven in large part by a monopolistic economy for users’ information, as powerful internet giants and platforms have melded into our daily lives. 

The internet’s ubiquity has led to societal cracks, from users’ lower self-esteem to impacting elections, while data ownership and privacy were traded, often haphazardly, for the sake of convenience. 

As a result, a movement of scholars, professionals and activists are exploring alternative ways to remedy the imbalance in power via a data dividend – a mechanism whereby companies share profits derived from the use of personal data directly with users. 

Is the data dividend an opportunity to restructure the digital economy on more equitable terms, or merely a redesign of the current data ecosystem?

In “My Data, My Money: Data Dividends and the Digital Economy” on Nov. 18, CoinDesk privacy reporter Ben Powers invites leaders from the Data Dividend Project, The Data Union and HACKYLAWYER to explore the alternative ways to remedy the imbalance in power through a data dividend or by other avenues.

Watch CoinDesk TV live on Twitter, YouTube or CoinDesk.com.

My Data, My Money: Data Dividends and the Digital Economy

Nov. 18, 2020 | 1:30 p.m. ET

Speakers: 

Enoch Liang, CEO, The Data Dividend ProjectJames Felton Keith, Founder & President, The Data UnionBen Powers, Privacy Reporter, CoinDesk (Host)Elizabeth Renieris, Founder & CEO of HACKYLAWYER

Disclosure

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.


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