An ownership economy concept is a system where all individuals hold a financial stake or value from participation in an ecosystem.
“Big Data is broken. Users are not being compensated for an asset they create. Data is now the world’s largest digital asset, and Cirus puts control of it back into the hands of the user. Turning data into cryptocurrency, Cirus unlocks data as an asset for the user, opening the doors into Web 3.0 and unleashing its long term potential as a new bankable asset,” says the Cirus team.
Cirus Foundation plans to build an ownership-led economy, giving individuals control over their data and how it is used, enabling any person with a Cirus device in their home to transact with cryptocurrencies and decentralized assets.