MyStandard does not have access to any of your decentrally stored information in your profile unless you approve a data request from MyStandard. With the exception of our core business, allowing users and organizations to exchange tokens for data, we have no products or services to offer that relate to the selling of your data or metadata. 

MyStandard will take a to-be-determined percentage of every transaction as a service fee once organizations start to make requests to users. The goal of MyStandard is for our business to take a small percentage of each transaction passing the rest onto the user who provided the data. We want to end the practice of data retailers keeping 100% of revenue from data transactions.

The information in your MyStandard Profile is stored in two places. Some of your information is stored on a server hosted by AWS, the rest is stored with decentralized storage protocol; not on a server owned by MyStandard. We are migrating more data away from AWS to decentralized storage over time as the network grows and the tech progresses. Our goal is for 100% of user data to be stored decentrally.

As part of the profile creation process, a crypto token wallet is created and linked with your profile. That wallet is used to store your MyStandard Tokens. We use Tor.Us for the wallet creation process.

Development of the user app is almost complete! Please, join the waitlist and stay tuned for updates! The Organizations web application, which will allow companies to interact with users by making requests, is slated for release sometime in ‘22. This will allow the marketplace to grow and populate with profiles of candidates, just like you, thereby attracting the best organizations who will use MyStandard to fill their open job opportunities. The more organizations that use MyStandard, the more chances you will have to monetize that data.