What is Madana?
Madana is the first ever ICO and Sidechain project on the Lisk Blockchain.
Madana stands for an open data analysis platform, preserving privacy by design.
The blockchain-based ecosystem allows anyone to stay in control of their data while monetizing it in an anonymous way.
Madana aims to provide a Gdpr compliant way for data processing, enabling new business models for future Apps and Services.
It’s a German ICO with approval from the Federal Financial Supervisory Authority.
What Madana says
Market for Data Analysis (MADANA) MADANA is a platform for data analysis that uses blockchain technology, allowing participants to get in on the data market with their own data and simultaneously preserving their privacy by design.
PAX is the essential cryptocurrency for the MADANA ecosystem, enabling transparency and trust for all participants.
Data producers and plug-in providers will be rewarded with PAX for their participation through smart contracts based on Blockchain technology.
The vision of MADANA is to re-think todays behaviour with any kind of data.
Therefore, we are working on a solution to bring privacy back to data producers.
MADANA is a first step to gaining back control over one of our greatest assets.
To achieve this goal we are collaborating with companies and institutions from science and politics.
- Website: https://www.madana.io
- Headquarters: Berlin, Germany
- Year founded: 2017
- Company type: Privately Held
- Company size: 11-50 employees
- Specialties: Data Market, Digital Platform, Data Analysis, Privacy Solution, Blockchain Technology, Smart Contracts, Cryptocurrency, and Distributed Ledger Technology
For more info on the Madana project, please refer to the whitepaper