MatchupBox‘s PikcioChain, the Blockchain-based exchange for personal data, has secured over US$6 million in funding ahead of its ICO launch on 24 November, 2017, a media release states.
The pre-ICO funding has come from a variety of investors including private individuals, family offices and financial institutions.
Buoyed by the excellent level of pre-ICO interest, its winning of the Paris Fintech Innovation award in conjunction with partners Flatirons Jouve, and a place on the prestigious BNP Paribas/Plug and Play fintech accelerator, at Station F, the world’s largest startup campus, the team at PikcioChain is eagerly awaiting the opening of the ICO.
Didier Collin de Casaubon, Founder and CEO of MatchupBox, the owner of PikcioChain said:
Interest in PikcioChain has been sensational and confirms our belief that in PikcioChain, we’ve designed a truly unique data exchange that organizations and individuals can trust to buy and sell, store and monetize personal data. We’re a close-knit and highly experienced team who have been working on this project for over three years. We believe we’ve developed an exceptional and highly efficient solution for the safe exchange of verified personal data and the success of our pre-ICO fundraising indicates that investors agree. PikcioChain represents a giant leap forward in the storage and exchange of personal data. Its fully distributed design means data owners stay in control of their own information at all times whilst the PKC Tokens that we’re selling during the ICO, provide data owners and third party data providers with a unique opportunity to see a financial return on the use of their personal information.”
PikcioChain confirms to have a wide range of use cases across a variety of industries. Financial institutions are taking notice because it can help automate the exchange of KYC data. Medical services, insurance companies and marketing firms are also interested because Pikcio automatically provides the assurances they need that the data they’re holding or procuring is verified and being handled in full accordance with the individual data owner’s wishes.
Didier Collin de Casaubon added:
Getting such a level of commitment is a fantastic achievement before our ICO, but it is just one more step on a long and very exciting journey. Everyone at MatchupBox is dedicated to making it a huge success. I believe our investors can see that when they buy PKC Tokens, they’re not only buying a ticket into the PikcioChain ecosystem but are also aligning themselves with a successful and experienced team that has created a unique and practical solution to one of the technology world’s most intractable problems – the safe storage, exchange and monetization of personal data.”
Find out more here.