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Venezuela
2 Level
86 Review
264 Karma

Review on Pillar by Eve Vallenilla

Revainrating 3 out of 5

Pillar: Provides a mechanism for autonomy over your data

One of the reasons why we avoid using many internet platforms is because of the lack of security they offer when supplying your personal information, leaving your data totally exposed to public scrutiny.

A measure to solve this situation and restore autonomy to users, is offered by Pillar.

Pillar is a wallet where users, in addition to storing digital currencies, can save valuable data, which they can autonomously share with third parties, for various purposes.

Among the features of this Pillar wallet, the following stand out:

• Has an open source nature

• Use the PLR token

• Allows interaction between multiple digital assets stored in the wallet

• Ability to handle a large volume of digital assets globally

• The PLR cryptocurrency is ERC-20 category, therefore it is compatible with popular wallets and coins on the market that have this condition. It also offers you the possibility of using cold wallets that are more secure, or of a software type

• Creates a secure global market without custody or intermediaries for data management

• Minimizes the risk of malicious data manipulation by third parties

• Creates a secure source of income for users, and gives you control over the management of your personal information

What is the importance of this platform?

Pillar sets an important precedent in the valuation of personal data as valuable assets to be exchanged in a secure environment, and to be considered a digital asset with multiple uses in different fields, research, statistics and projects.

Hence, more and more, we observe how recognition and value are given to the information provided on digital platforms.



Pros
  • Provides users with the ability to decide to whom to hand over ownership of their data
  • Grants control to users to market their personal data
  • It allows to obtain income in exchange for the exchange of data
  • Offers access to a wallet for data and digital assets
Cons
  • It is not possible to acquire the native PLR currency with FIAT money, but through BTC or ETH