Barrel Protocol automates consumer data compliance using smart contracts - unlocking them for the $600B global data market.Contact for Private Sale
Every action users take online leaves a digital paper trail. When cleaned of PII (personally identifiable information), this online consumer data is a valuable resource that can be analyzed, bought and sold.
This market is projected to reach $1T by 2020.
Today’s data marketplace operates on a deal-by-deal compliance process that can take up to a year - resulting in high costs and lost opportunities.
Barrel Protocol anonymizes users’ data with an automated smart contract process - significantly reducing high costs, and creating a consensus driven standard for data silos - enabling companies to make the most out of their data.
By reducing cost of GDPR compliance, shortening sales cycles, lowering cost of integration and opening new markets
Provide consensus driven protocol for building Smart Data Contracts including, consistent structures, quality assurance and scoring.
Lowering the barrier for data acquisition, Shortening execution times thus allowing a greater number of deals to be made
Increasing transparency on user data transactions while allowing access to new data types thereby reducing costs associated with engaging data vendors.