According to a recent press release, “Killi, a consumer-led privacy application wholly owned by Freckle Ltd., today announced the launch of its Data Dividend™ program to users who consent and share specific pieces of data over a predetermined time frame. Subscribers who share data will automatically receive: (1) notification of their dividends via SMS and/or email, (2) the amount, in cash, of each dividend that will automatically be credited to their account, (3) a clear, transparent description of who purchased their data and, (4) clear opt-out functionality for future dividends and data sales. All of the above are market firsts.”
The release goes on, “The first Data Dividend™ payment was made to U.S. and Canadian users who shared their location data during the month of January 2020, and again to those who shared their data in February. Consumers in February saw a doubling of dividends vs those distributed in January. Starting in March Killi will pay users a weekly dividend for users who have shared location for the previous seven days, multiplied by the number of companies that purchased this data. ‘Last year, California Governor Gavin Newsom proposed a data dividend that could allow residents to get paid for providing enterprises with access to their personal digital data.’ said CEO Neil Sweeney. ‘Killi is the company that has made the Governor’s vision a reality, and we will be aggressively expanding our Data Dividend™ program into other areas to include a variety of additional passive revenue opportunities for customers’.”
Read more at PR Newswire.
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