User data to generate revenue opportunities for Kampay users and the African continent
NEW YORK, April 14, 2022 /PRNewswire/ — DataVault Holdings, Inc., a leader in Tokenomics and Metaverse data visualization, valuation and monetization, today announced a partnership with desktop and mobile app Kampay, which will provide a universal currency is included. Wallet and digital platform to serve the African population. The collaboration brings opportunities to optimize data sharing across the African continent while protecting and protecting customers’ digital assets.
Africa’s 54 countries, collectively, offer a huge opportunity to further implement cryptocurrencies as an alternative financial solution for the more than 95 million unbanked people across the continent. Kampay will help users overcome challenges such as limited branch coverage, low trust and lack of access to central banks. Apart from greater financial inclusion, Kampay will also help users monetize personal data.
“The DataVault® platform will build on Kampay’s complementary capabilities amongst the rapidly growing digital asset ecosystem of mobile platforms. We share with Kampay a vision to deliver security and trust through the metaverse and blockchain. We support mobile and desktop platforms.” Nathaniel Bradley, Co-Founder and CEO of DataVault Holdings, says, “Derivatives within a personal account to convert, buy, sell and trade data objects for monetization through the DataVault® Platform’s Information Data Exchange® App user to unlock data.” .
Datavault® is operated using blockchain technology, which means information is secure and ownership is guaranteed. The platform’s technology will provide Kampe with the tools to address issues such as digital data security; ownership rights; and data management. Coupled with the Kampay cryptocurrency, data monetization using DataVault’s crypto technology will inspire freedom, autonomy and trust through an alternative monetary system. The Datavault®-KamPay collaboration will create a foundation for new financial opportunities and growth across the African continent.
Additionally, Kampay users can confidently create NFTs using the DataVault® platform to shield unique digital assets from art, GIFs, collectibles and more. Kampay users can also generate income for themselves by donating personal data through surveys.
“KamPay, like Datavault®, is made possible through blockchain technology, and the immense potential within our partnership sits at the convergence of various highly favorable market trends – the increasing use of smartphones, the growth of African economies and inadequate banking facilities. Kampay’s universal African currency will help drive adoption of the DataVault® platform as users recognize monetary value within the data stored in their secure, private accounts. We are excited about what the future holds for Kampay users, across Africa There are millions of unbanked people across countries, and individual African countries at large,” says Dr. Christopher Chaturai, CEO of Kampay.
Africa is home to some of the fastest growing economies in the world- Tanzania, Rwanda, Ghana, Ivory Coast and Benin. By 2050, the continent’s gross domestic product (GDP) is projected to increase from $2.6 trillion today to $29 trillion. The collaboration between DataVault® and Kampay will ensure that data and cryptocurrency play a vital role in helping to revolutionize data acquisition, financial opportunity and economic growth across African countries.
“With our partnership with Kampay, DataVault® sees our mission come back full circle. We started our company with the goal of allowing individuals to donate their data to worthy causes of their choosing , and our patented platform Kampay empowers users with the ability to make data donations. We are thrilled at the opportunity to contribute to the growing economic development of many African countries, and believe that crypto technology and data through the DataVault® platform Monetization will serve as a key component of this development,” says Alfred Blair Blackie III, president and co-founder of DataDonate Technologies.
1: “Africa’s GDP”, Statistics Times,
2: “The High Growth Promise of an Integrated Africa,” Brookings Institute, August 2, 2019,
About DataVault Holdings Inc.
DataVault Holdings Inc. is a technology holding company that provides a proprietary, cloud-based platform for the delivery of branded data-backed cryptocurrencies. DataVault Holdings Inc. provides businesses with the tools to securely monetize data assets on their Information Data Exchange® (IDE). The Company is in the process of consolidating its affiliates Data Donate Technologies, Inc., ADIO LLC, and DataVault Inc. as wholly owned subsidiaries under one corporate structure. Data Vault Holdings Inc. Learn more about here.
Kampay entered the cryptocurrency market to be part of an economic revolution that triggers positive change across the African continent. The company is administered by a multidisciplinary team that combines efforts and knowledge to revolutionize the way users handle cryptocurrencies and mobile money. Additionally, Kampay provides digital solutions that can be important to the economies of various African countries and to the overall African GDP. As crypto and mobile adoption grows rapidly, Kampay envisions that its products and services can grow alongside the world’s largest growing economy and meet the specifications of the crypto market. Learn more about Kampe here.
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