Crystal Rose, Sensay | Coin Agenda Caribbean 2018
Channel: SiliconANGLE theCUBE
Date: 17/03/2018

Crystal Rose, CEO & Co-Founder, Sensay, sits down with John Furrier at Coin Agenda 2018

#CoinAgenda #theCUBE 

https://siliconangle.com/2018/03/29/facebook-victim-bad-karma-company-returns-data-individual-coinagenda/

Is Facebook a victim of its own bad karma? This company wants to return data to the individual

Facebook may be scrambling to reassure its two billion users that their data privacy is being respected, but no one can deny that data willingly and openly shared is being appropriated for proprietary profit by the big social networks. Changing this equation to give the power back to the individual is communication platform provider Sensay Inc.

“We want the data to be distributed, we want it to be owned by the user, and we want it to be accessible by anyone that they want to give access to,” said Crystal Rose, (pictured) co-founder and chief executive officer of Sensay.

Rose spoke with John Furrier (@furrier), host of theCUBE, SiliconANGLE Media’s mobile livestreaming studio, at the CoinAgenda event in San Juan, Puerto Rico. The discussion covered changing the equation of how people communicate, the new model of regenerative philanthropy, and rebuilding Puerto Rico as “Crypto Island.”

Breaking down the boundaries to inter-platform communication
Sensay enables free interaction across centralized messaging platforms, such as Facebook Messenger, Telegram or Slack, making them transparent, interoperable and decentralized. “We built Sensay to connect everyone together without any borders or intermediaries,” Rose said.

Peers using Sensay reward each other by “tipping” with SENSE tokens, building up cryptocurrency credits. Although Sensay was originally based on the theory that we all are senseis — teachers with our own unique life experiences – and that every conversation is a transaction of knowledge, Rose and the creators of Sensay soon realized that there was greater disruptive potential in the platform.

“[We saw that] the layer underneath really was the most powerful thing,” said Rose, explaining how the SENSE network evolved so that app and bot developers could leverage the platform for direct access to people and personal data. Cutting out the middleman means that direct payment, in SENSE tokens, can be given for knowledge shared.

“You get paid if you contribute data or users. And, vice versa, you can pay to access them. What that’s doing is it’s taking away the advertising model from being the only entity that’s earning a profit on the data,” Rose said.

Here’s the complete video interview, and there’s much more SiliconANGLE and theCUBE coverage of the CoinAgenda event: