The Data Sovereignty series has brought to light many risks associated with modern technology and how it relates to personal freedom, societal power dynamics, and corporate ethics. From the feudal-resemblant data economy to future computing capabilities, the digital landscape is dynamic and it can be challenging to understand how to maneuver it all at once. Luckily, the future is not all doom and gloom; there is always a light at the end of the tunnel. One of the greatest gifts mankind has is the freedom of choice, and within that choice is the power to dictate our future if we so choose. In the digital age, we are faced with two choices: fall victim to a system that prioritizes profits at all costs, or empower ourselves to preserve our freedom and digital identity. We believe that the time is now to educate the world on the opportunities that everyone has to equip themselves to be the most sovereign individuals in an ever-changing and increasingly digital world. In this last episode of the data sovereignty series, you will gain an understanding of the implications surrounding data control, how technology leaders like Crown Sterling are enabling individuals to reclaim ownership of their digital identity, and why your attention to the data economy will dictate your future.
As we have reiterated time and time again, data is the world’s most valuable asset, and thus, people must understand their part in the emerging digital economy. Your identity is no longer solely physical, it now encompassed every click, like, and comment you make across the web, creating a digital identity that is entirely sculpted from the data you create. While you may not think that the data you create means much, it is incredibly valuable to the websites it is generated on, the companies that store it, advertisers who optimize it, and governments that track it. Your data creates economic value as it is distributed throughout a profit pyramid where you exist at the bottom.
For every third party that gains access to your data, there is increased risk that your data will be stolen or lost, and now that so much of our identity and personal information exists online, we must take extra care to protect ourselves. Additionally, with the rise of quantum computers and the vulnerabilities these create for data security, we must be extra vigilant in the next few years as this technology unfolds. Knowing what we know about the inner workings of big tech companies, their user data profit scheme, and quantum capabilities, it is imperative to know that there are measures you can take to protect your data and yourself.
In light of rising computational risks, the new standard for your digital footprint must be sovereignty. As a crypto company, we understand the advantages of decentralized infrastructures, and believe that the future of personal and data sovereignty relies on decentralization. At the heart of the data control problem are centralized big tech entities that store all of the data generated on their internet platforms. In order to escape their grasp, a shift towards alternative decentralized internet services must take place.
In fact, the infrastructures to support the decentralized web already exist, coined Web 3.0. Web 3.0 works similarly to cryptocurrencies, existing on blockchains and storing the data generated on their platforms across a decentralized network of autonomous governance computers that enforce transparency, trust, and security. As the capabilities of Web 3.0 mature and blockchains become more interoperable, the more encompassing and collective digital identities become. With decentralized identity, society will relieve itself of third party risks associated with centralized data storage, creating a more trusted, transparent, and secure way of managing our data and ourselves. The decentralized web will empower society to achieve the sovereignty it seeks for its digital identities, allowing individuals to create, store, distribute, and monetize the data associated with their digital identities. Decentralized identities make data control limitless.
At the precipice of the data sovereignty conversation is Crown Sterling, who we have spoken of quite frequently throughout this blog series. Crown Sterling is among a select few emerging technology leaders that are mindful of the major shift in social and geopolitical power dynamics due to data control, and is working to provide the world with the resources to protect and preserve global freedom. Among these resources is Crown Sterling’s Data Bill of Rights, which claims that digital assets are the intangible personal property of original producers, along with quantum-resilient cryptocurrency, the Crown Sovereign CSOV), and a secure data transfer platform.
A cryptography and digital asset solutions provider, Crown Sterling recognizes the risks associated with centralized data management alongside advancing quantum computing capabilities, prompting them to engineer a quantum-resistant cryptocurrency, the Crown Sovereign (CSOV). The Crown Sovereign works to ensure the timeless protection of user data and asset value through its future-proof network security. The Crown Sovereign powers the Crown Sterling Wallet, a messaging and data transfer platform where token holders can use the Crown Sovereign to pay for the quantum-secure transmission of user data. With the emerging capabilities of Web 3.0 technology, Crown Sterling seeks to be the premier platform to enable users to control, protect, distribute, and monetize their data according to their individual needs and priorities. As one of the first platforms to provide such a dynamic and essential product utility, Crown Sterling is redefining what it means to be a sovereign individual in the digital age.
In a recent “Ask Me Anything” interview of FMFW.io’s Telegram channel, Founder and CEO of Crown Sterling, Robert Grant, commented on the mission of the project, stating, “It really is to provide a platform that everyone can use to claim their sovereignty and protect their identity. It is also that new developers of Social Media platforms will build on top of our quantum-proof NFT platform and innovate in decentralized ways to hopefully curb and eventually end this dystopian, technocratic world we seem to be rapidly devolving into. I strongly believe in the freedom of speech and I am frankly alarmed at the assault upon free speech and individual rights and freedoms currently happening both in social media and across society at present. I feel that if we do not do something soon to arrest this situation, we are at a real risk of severe global instability through technocratic control.”
CSOV is currently trading on FMFW.io Exchange with USDT and BTC pairs, and plans to launch on several cryptocurrency exchanges in the near future.
Your attention to the digital paradigm shift will determine the future of personal freedom at large. To reiterate, you have a decision to make as the digital age unfolds: remain blissfully ignorant to the structures built to profit from and control you, or empower yourself to emerge as a new class of individual sovereignty. Through the topics addressed in this series, we hope for you to go forth and continue to educate yourself on how to take advantage of the resources at your disposal, such as cryptocurrencies, blockchain technology, Web 3.0, and companies such as Crown Sterling to innovate and define what the future of personal sovereignty will look like.
As the Data Sovereignty Series comes to a conclusion, Sarson Funds believes that attention to data sovereignty in the digital shift will serve those who embrace it. Learning to navigate and benefit from the many utilities of the crypto ecosystem will be advantageous as the future becomes more decentralized and rely further on digital currencies and blockchain technology to facilitate global interaction. For more education on cryptocurrencies, blockchain technology, data security and sovereignty, please stay tuned to our Digital Asset Investor Digest and social media updates. Thank you all for tuning in.
By Liam McDonald