The Digital Feudal System: Power Dynamics of the Digital Age

data digital feudalism

data digital feudalism

Data is the most valuable asset of the digital age. As this reality unfolds, the world is awakening to the consequences and opportunities that the digital domain poses for mankind. This segment of the Data Sovereignty Series will illustrate the forces at play that dictate the demand and value of data throughout the digital economy.

The ever-expanding internet comes with an ever-increasing demand for data. In many ways, data is like oil, not the most attractive asset to individuals, but the modern world would come to a halt without it. As data is recognized more and more as personal property, people demand premium storage and convenient accessibility with little risk. This demand for data has brought with it an influx of cloud-storage companies with heightened valuations throughout the 2010s, creating a market oligopoly that controls the majority of the global data supply.

In the digital age, data ownership is a proxy for authority. Similar to the oil tycoons who amassed incredible power and political influence through their market dominance, companies in control of global data have achieved similar status. However, if data companies are like oil companies, they will be met with safer, and cheaper substitutes after a few big leaks. The US data leaks over the last year are comparable to historical oil leaks, where those in power covered up the damage their mistakes caused with little repercussions to follow.

The actions taken by the biggest players in the data space are considered by many to be tyrannical, despite the pro-humanitarian perception that these companies have created for themselves. Personal data such as preferences, habits, information, and media have been given value from the demand experienced for them from digital advertisers. This value is established and intermediated through the market that big tech companies have created.

The current data landscape resembles a digital feudal system, where big tech companies exercise dominion over click-inducing platforms in exchange for individuals’ loyalty and service. This modernized feudal replica sees tech companies distribute websites and social media platforms – the digital “land” of our times – to users for the cultivation of engagement and the subsequent harvesting of the created data. Internet users become digital serfs, sending their data as tribute up the pyramid to their digital lords – Facebook, Amazon Web Services, and Google, among several others. This digital pyramid’s structure of services acts as a veil that masks the true value of internet users’ “labor” to those unfamiliar with the system. As such, the majority of the modern population continues to labor blindly.

Like feudal lords, tech companies are profiting off of user data at an increasing rate, with Facebook and Google creating an empire of data creation and distribution through “free” software to users. These companies have large enough audiences to easily adopt a paid subscription business model, rather, their data distribution model monetarily incentivizes them to continue harvesting.

While digital feudalism has created a profit hierarchy from data control, the era of quantum computing is dawning, and data is proving to only be as valuable as the encryption that protects it. Without encryption to secure and ensure the value of data, data would be free-flowing and utterly valueless.

Recent data leaks including the U.S. Government and T-Mobile breaches reveal that most widely-trusted digital security practices are vulnerable to modern hackers, never mind the capabilities of quantum computers. Thus, society must awaken to their blind enslavement to big tech and redefine the data supply chain. For true sovereignty to continue in the digital age, individuals must take control of their data.

While the concept of individual data control is not yet in vogue, there are a few leaders that are emerging with technologies and platforms to empower personal data sovereignty. One of these leaders is cryptography solutions provider Crown Sterling, who is putting data control back in the hands of individuals through the Crown Sovereign, a quantum-resistant cryptocurrency and data management platform. Through the Crown Sterling Wallet, individuals are enabled to transfer their data and deploy NFTs with quantum-proof security. This technology equips individuals to safely manage, distribute, and monetize their data how they wish. As the capabilities of quantum computers become more widely utilized, it will be those who understand the implications of data control who retain their freedom.

For greater discussions on data sovereignty in the digital age, be sure to tune into the Data Sovereignty Series each Tuesday.

Bitcoin.com Exchange Rebrands to FMFW.io; Announces September 30th Listing of Crown Sovereign

Crown Sovereign FMFW

Crown Sovereign FMFW

This morning, Bitcoin.com Exchange announced that the Crown Sovereign (CSOV) will be the first listing on its rebranded platform, FMFW.io, on September 30th. The news of CSOV’s listing follows Monday’s announcement that Bitcoin.com Exchange will be rebranding to FMFW.io on September 29th.

While the Crown Sovereign initially planned to release on Bitcoin.com Exchange, Bitcoin.com Exchange’s rebranding very much works in favor with the Crown Sovereign’s mission to enable data sovereignty and personal freedom in the digital age. The acronym of Bitcoin.com Exchange’s rebranding to FMFW stands for “Free the Money, Free the World,” in an effort to better align with the cryptocurrency ethos of empowering people to be their own banks and take control of their money.

The mission of Crown Sterling, engineers of the Crown Sovereign, works in tandem with FMFW’s ethos for people to take ownership of their money and the intangible assets that are emerging in the digital age. Thus, the Crown Sovereign’s status as the first exchange listing on FMFW.io positions the token as the premier digital asset in the emerging landscape of personal and data sovereignty in the digital age.

The Crown Sovereign is a quantum-proof digital asset that works to ensure the timeless protection and privacy of token holders’ data. Native to the Crown Sterling Wallet, the Crown Sovereign equips the wallet’s messaging services with quantum-proof encryption for every use of a Crown Sovereign. Additionally, the wallet is being developed to support NFT applications to protect users’ NFTs on the Crown Sovereign blockchain. The utility of the Crown Sovereign unlocks a new era of data security through blockchain technology.

“We are excited to pioneer the applicability of blockchain technology to create positive change and evolve the current system of data capture, protection and control… We look forward to continuing our mission in this space, not only in encryption and blockchain, but also in human rights,” said Jesse Lurie, CTO of Crown Sterling.

The Bitcoin.com Exchange rebranding will automatically transfer all existing Bitcoin.com Exchange users to FMFW.io. Traders will be able to access FMFW services through logging in with the same credentials they used to log into Bitcoin.com Exchange. For a transitional period, users attempting to access Bitcoin.com Exchange will be redirected to FMFW.io. After this transitional period, Bitcoin.com Exchange users can access their accounts by accessing FMFW.io. All changes will be communicated well in advance by Bitcoin.com Exchange.

Crown Sterling Chairman and Founder, Robert Grant, Featured on Sarson Funds AMA

Robert Grant live

Robert Grant live

On September 8th, 2021, Sarson Funds Chief Marketing Officer Jahon Jamali welcomed Robert Grant, Chairman and Founder of Crown Sterling, to the Sarson Funds AMA on YouTube. 

Crown Sterling is a cutting-edge cryptography provider and engineer of quantum-resistant cryptocurrency, the Crown Sovereign. Crown Sterling’s launch of their quantum-resistant encryption solution, CrownEncryptOTP, marks a major milestone for the encryption community, especially as the rise of quantum computing poses significant risks to widely-used methods of data encryption.

As the digital age unfolds, Crown Sterling’s encryption solution and digital asset seek to shape the future of data control, putting data ownership back in the hands of original creators versus big tech. According to Grant, “Data is the intangible personal property of the original producer and therefore it’s protected by the US constitution, the United Nations Charter, and the European Union. Ownership is a basic human right.” In order to raise awareness about data’s inclusion as the intangible property of original producers, Crown Sterling authored the Data Bill of Rights, which is engrained into the genesis block of the Crown Sterling blockchain. 

Under Crown Sterling’s leadership, a new era of personal sovereignty is dawning as the digital age commences. Individuals are awakening to their sovereignty and power to control, distribute, and monetize their data, just as big tech does behind many of the freemium business models of digital commerce sites, social media communities, and search engines. Through the Crown Sovereign digital asset and blockchain, users are empowered to own, control and protect their data just like their tangible personal property.

This conversation spanned from data sovereignty, big tech ethics, traditional government structures and the nation-state system, and how the crypto ecosystem provides alternative solutions to each of these topics. 

A recording of the AMA is available on the Sarson Funds Youtube, here.

For more on Crown Sterling and their work to empower personal data sovereignty, please visit www.crownsterling.io.

Data Privacy in the Digital Age: Who Profits From Data Control and How You Can Protect Yourself

next generation Data security

next generation Data security

The digital age is here. As most of the developed world is experiencing, more and more of life is proving to be reliant on technology and the pleasures a more connected world brings. From the digitization of currencies, real estate, to virtual reality simulations, technology is inspiring a new paradigm of thought, ethics, innovation, and even life itself. With the emergence of technology as a cornerstone in this new age, data collected through the global adoption of technology is becoming an integral part of the modern human experience. As data emerges as the most valuable asset in the digital age, its storage and control becomes an equally as crucial concept to harness. This article will discuss the realities of data control, who profits off of it, the ethical dilemma that arises because of it, and how you can protect and reinforce your personal sovereignty.

Data is crucial to the daily operations of enterprises, consumers, and the world at large. As such, many companies profit off of the market-wide need for premier, third-party data storage that removes control from the original producer. Whether proprietary software, personal information, or corporate documents, companies are willing to pay top dollar for the peace of mind that their data is protected and soundly stored.

Amazon Web Services dominates retail and enterprise data storage, followed closely by Microsoft and Google. Because of the large market share of each of these companies and their subsidiaries, it can be difficult to store data without leaning on a tech giant. These data oligopolists facilitate a large part of many companies’ ability to function due to the sensitive nature of data and corporate reliance on it, and thus, offer their services at high markups. Additionally, user data is disproportionately stored by tech giants as consumers create data and share personal information through social media and search engines that are kept in centralized databases.

Social media giants such as Facebook have gone under fire for their practice of data misappropriation and potentially unlawful dissemination of user data to third party interests. Despite the inherent unpopularity of this business model, tech companies continue to store and distribute data without significant action taken against them for misleading or hidden terms and conditions that allow them to profit from user data. While tech companies may not always profit directly from the consumers’ pockets, companies with ‘free’ consumer services often employ revenue models that actually profit from the distribution of their user data to interested third parties; recall that in many cases, if one does not pay for the product, they are the product.

Companies like Apple and Microsoft do not need to sell user data because they make money from their products, and their strong privacy policies work to increase consumer trust and future sales. People do not want their data to be taken from them without consent, however, a number of big tech companies continue to harvest data because their business models enforce that user data is more valuable than users themselves. Many remain unworried about data harvesting or see it as a way of paying for certain platforms, however, they remain unaware of how valuable their data actually is. Several companies that offer data management services would cease to exist without data harvesting, or else they would not do it. A subscription model would allow these very platforms to exist without selling data, however, they stand to make more from harvesting and distribution.

True data privacy in the digital age requires a multifaceted approach. If internet users want to protect and control their data for themselves, then it is critical to be sensitive about who they grant access to their data and what platforms they create data within. A Virtual Private Network, or VPN, is a good tool that works to provide some data and location anonymity, however, free VPN’s often have the same data harvesting business model as the tech giants.

Novel approaches to data sovereignty in the digital age have a strong alignment with digital assets and the crypto ecosystem.  Decentralized web browsers such as Brave ensure the privacy of user data and actually reward users for the data they provide to advertisers with the Brave token, the native cryptocurrency to the Brave browser. Additionally, blockchain can be used as a trusted intermediary to disseminate data and sensitive messaging. In the dawn of quantum computing, future-proof security is essential. Crown Sterling‘s Crown Sovereign token provides security resilient to quantum capabilities that is used to protect data transferred across the Crown Sterling chain. The decentralized and free-reigning nature of digital assets position cryptocurrencies and blockchain technology as necessary tools for ensuring personal privacy in the digital age, and thus, we must look to the leadership of Crown Sterling and Brave as pioneers in the next generation of personal empowerment.

As the digital age unfolds, personal privacy is no longer limited to locking your door at night and making sure your blinds are shut, privacy now extends to being cognoscente of which mobile devices use microphones to listen to  personal conversations and which websites track user browsing data, all in the name of data control. In a digital world, cutting-edge approaches to data privacy and personal sovereignty are now required maintain personal freedom. Sarson Funds believes our audience must stay vigilant in order to navigate the next chapter of the human experience, and must understand how the emergence of data sovereignty intersects with the rising prominence of digital assets.

Data Sovereignty: Consequences and Opportunities that Dictate the Future

Digital asset data Sarson Funds

Digital asset data Sarson Funds

As the digital age commences, data control is at the forefront of a major shift in the human experience. Data collected from internet users is changing the way businesses operate, governments monitor, and people interact and consume. In parallel with society’s emerging reliance on data, however, are the risks posed by bad actors who seize and manipulate data for malicious purposes. Big tech companies track and harvest all data that runs through their systems, making them epicenters of data control, and thus, prime targets to hackers. In tandem, many leading tech corporations have participated in an ethical decline with regards to data control, and legislation lags behind in holding bad actors accountable. This article will discuss the consequences and opportunities of data control and how individuals are awakening to their personal data sovereignty.

Data is a cornerstone of the emerging digital age. As technology progresses, new opportunities arise for companies to harness data and better understand their customers. On the other hand, individuals are alerting to their ability to control their data and those who can access it, as awareness raises about malware, cookies, and data trackers that are downloaded with and without consent.

People are beginning to understand the implications of their digital footprint as it relates to social media and digital marketplace engagement. Thus, the dissemination of user data relies on the ethics of tech corporations, and less so on the users who initially granted them access.  Ignorance to the realities of data control has created widespread polarization and distrust, while on the other hand, mindful action is leading to an emerging class of digitally sovereign individuals.

As data privacy concerns mount, there are few actions being taken by most internet users to mitigate data misappropriation, largely because many do not understand the implications of data control. Even with data breaches and reports of malicious data use, much of the population does not understand how to protect their data from bad actors. People are turning to new messaging apps that promise better protection, but their data continues to be compromised and misused.

Dissemination of information is dictated by a handful of corporations with the ability to divide people against each other by controlling narratives and spreading propaganda. Additionally, algorithms dictating more immersive user experiences on social media and other internet applications are showing people the information that they “want” to see based on their prior engagement. By default, internet users are being quasi-controlled by compelling clickbait that trigger emotional responses, causing freedom of thought to diminish.

As a result of the growing prominence of data in the digital age, data is the most valuable asset in the digital age. In fact, user data is so valuable that big tech is able to offer freemium services because of the profitability of their own data dissemination to digital advertisers. Fortunately, individuals are beginning to recognize the power that they have to control, monetize, and track their data with the emergence of blockchain technology. Those who enact their power to control their own data are positioned for a competitive edge in the emerging digital landscape.

Awareness is spreading about the implications of data sovereignty in the wake of data integrity concerns. Data is being increasingly recognized as personal property, and the line between personal sovereignty and data sovereignty is blurring. Thus, next generation approaches to data privacy, encryption, and monetization are incentivizing people to take control of the data they produce and lean on the disintermediated nature of decentralized technology such as blockchain and cryptocurrencies. As the digital age progresses, the truly free individuals will be those who harness the power and value of their own data, leaving behind digital serfs that remain blissfully ignorant of big tech’s puppeteering within their day-to-day lives.

Crown Sterling, a distinguished thought leader in the data sovereignty conversation, recently authored a Data Bill of Rights, which declares data to be the intangible personal property of original producers, otherwise known as consumers in the digital age. Crown Sterling is among an emerging class of future-focused data rights activists, cryptographers, digital asset projects, and computer scientists who are engineering a future of personal data empowerment.

At Sarson Funds, we closely follow advancements in data security as they relate to the future of the digital asset ecosystem. The mission to empower personal data sovereignty is an essential component for the future of digital assets. We believe that digital asset investors should educate themselves on the implications of data security, and how digital assets and blockchain technology can facilitate a more sovereign future. For greater discussion on the prominence of data in the digital age, stay tuned for our data sovereignty series, publishing every Tuesday for the next six weeks.

Crown Sterling Announces Successful MainNet of Quantum-Resistant Token

Crown Sovereign MainNet Launch

Crown Sovereign MainNet Launch

Newport Beach, California–(July 20, 2021) – Crown Sterling recently launched the successful MainNet of the Crown Sovereign token (CSOV), the world’s first quantum-resistant digital asset. Crown Sterling’s successful MainNet launch represents a significant milestone for the future of digital assets with the emergent and growing risk of quantum computing in the digital age.

To view the full announcement, including downloadable images, bios, and more, click here.

Key Takeaways:

  • Crown Sterling has engineered the world’s first quantum-resistant digital asset, the Crown Sovereign token (CSOV).
  • The Crown Sovereign MainNet has been successfully launched alongside the Crown Sovereign wallet, which empowers users to secure data against quantum computing.
  • The Crown Sovereign token is available for presale purchase before its exchange launch in Q3 2021.

Crown Sterling is offering an extended presale of CSOV tokens. Additional information can be found at www.crownsterling.io.

Investment Update: Crown Sterling Raises Token Price 33%

Sarson Funds: Crown Sterling Token Price Increase - Cryptocurrency Financial Advisor

Sarson Funds: Crown Sterling Token Price Increase - Cryptocurrency Financial Advisor

Investment Update: Crown Sterling Raises Token Price 33%

Crypto Investment Update: As we continue to provide our community with education regarding the incoming capabilities of quantum computing, we would like to inform our followers about the best solutions for achieving quantum-resistance. Following up on our release of Crown Sterling as the providers of the world’s first quantum-proof digital asset, the Crown Sterling Token recently underwent a 33% price increase, with a value raise from $30 to $40. We believe that while this price appreciation is significant, this asset remains well worth the investment before it hits cryptocurrency exchanges and the crypto ecosystem realizes the true value behind quantum-resistant digital assets.

For more information on the Crown Sterling token, please visit Crown Sterling’s website and investor portal, here: https://www.crownsterling.io

By Liam McDonald

Quantum Computing: Your Bitcoin is Vulnerable – Crypto Will Prevail

Quantum Computing Poses a Serious Threat to Bitcoin, but the ecosystem will prevail

Quantum Computing Poses a Serious Threat to Bitcoin, but the ecosystem will prevail

As we have communicated in previous briefings, the advent of quantum computing and the utility behind this technology is an increasing concern for digital asset investors. Thus, the digital asset ecosystem faces three key risks as it maneuvers its way toward a future of quantum coexistence: the vulnerability of modern encryption protocol, lost value protection, and ecosystem disruption. While these risks pose an incredible challenge for crypto to address and overcome, the solutions being derived are shaping up to be the greatest investment opportunity digital asset investors have seen since the birth of Bitcoin. 

Modern Encryption Protocol is Vulnerable

A user’s public key is directly obtainable from their wallet address when transactions take place. If a strong enough quantum computer is utilized, it can quickly decipher the private key through simply knowing the public key. In this case, the world’s most sensitive data, not just Bitcoin, will be vulnerable to security breach. 

According to Deloitte, 25% of Bitcoin’s circulating supply faces the risk of value loss due to future quantum computing advancements. These bitcoins are vulnerable because their owners, who have previously transacted with them, likely lost their private key and cannot reacquire their assets. These lost wallets are at risk of data breach because their initial transaction gives quantum hackers insights into their wallet address, and thus their public key and then private keys. For more information on public and private keys, visit our Digital Asset Investor Guide to Cryptography.

As data emerges as the most valuable asset in the world with our increasingly digitized global infrastructure, enhancing our encryption techniques as quantum computing develops will future-proof the entire universe of data.

Lost Value Protection

The security of digital assets is the underlying value driver of the ecosystem. If the foundation of digital assets – the security that validates their worth – is broken, then the value of the entire crypto ecosystem will be vulnerable if left improperly protected.

Ecosystem Disruption

Once quantum computing’s capabilities arise, the financial freedom that crypto offers will be at risk as investors’ control over their digital assets is threatened, taking credibility away from crypto as both a means transaction and a store of value asset.

Looking to the Future

Naysayers will claim that quantum computing will end crypto. What these cynics hate to acknowledge is crypto’s overwhelming resiliency. Unfortunately for them, the ecosystem has too much momentum to fail. Time and time again, from all time highs to 85% price corrections, the relentless innovation that crypto is founded upon has enabled the ecosystem to bounce back with greater strength, security, and scalability to prove that it is not going anywhere.

The beauty of crypto is that it offers banking for the unbanked, financial freedom for economic instability, and ultimately, hope for the hopeless. Rooted in the vision for a more unified world, crypto’s resiliency will engineer a future of quantum-resistant value protection and financial empowerment.

As revealed on December 7th, Crown Sterling’s quantum-proof encryption solution is pioneering the future of digital asset security. Their application, CrownEncryptOTP, restores confidence to the digital asset community through its integration with the Crown Sterling token, crypto’s first quantum-resistant coin. As Crown Sterling sets a firm foundation for future data security enhancements, the continued effort to protect the world from quantum computing risks will be the greatest investment opportunity of the 21st century, especially for digital asset investors.

By Liam McDonald

Crown Sterling: Digital Asset Encryption’s Quantum-Resistant Solution

Crown Sterling Creates Quantum-Proof Digital Asset Encryption

Over the past few months, we have focused much of our research efforts toward understanding what drives the value of digital assets. Through several months of deep dives, we’ve determined that the underlying value of digital assets is dependent on data security. As we express in our Cryptography Lite Paper and Digital Asset Investor Guide to Cryptography, the next great digital asset investment opportunity lies within the engineering of future-proof encryption solutions that ensure the value protection of the crypto ecosystem.

With the advent of quantum computing, the outdated encryption algorithms that global government, corporate, and financial data rest on are experiencing increasing vulnerability. As cryptography experts have known for years, the only truly unbreakable encryption solution is the one time pad, for which practical use cases had previously been undiscovered, until now. Led by entrepreneur, mathematician, and cryptographer Robert Grant, Crown Sterling has discovered and released an encryption solution that efficiently harnesses the security of one time pads for practical, everyday use. This solution, CrownEncryptOTP, assures future-proof data security even with the continued development of quantum computing, making for what we believe to be the most robust digital asset encryption advancement to date.

Alongside CrownEncryptOTP, Crown Sterling has launched the Crown Sterling token, the world’s first quantum-resistant digital asset. The Crown Sterling coin is a cryptocurrency that embraces the power of CrownEncryptOTP to ensure the timeless protection and value of users’ sensitive data. With one thousand payments per token, users pay for the secure transmission of their data at the market price of three cents per transaction. With this functionality, the Crown Sterling coin shows the digital asset community a clear pathway to a future of indisputable value protection.

As we have committed ourselves to pioneering a future of greater financial freedom, we are cognizant of big tech’s firming grip on society and see it as our duty to empower the world to protect their personal freedom as the line between data sovereignty and self sovereignty becomes increasingly blurred. With the release of their breakthrough technology, Crown Sterling is paving the way for a future where data control is irrevocably granted to individuals themselves, bridging the gap between data and self sovereignty to return true autonomy to individuals.

Providing only the best-in-class education and investment advice for our community, we encourage you to visit www.crownsterling.io to learn more about the cutting edge momentum of the Crown Sterling team and become an early-stage investor in the future of digital assets with the Crown Sterling Token, here: https://www.crownsterling.io/portal-registration

By Liam McDonald