PikcioChain: The Personal Data Chain
Platform that protects the individual's data while making data acquisition and management easy for businesses
LA FRENCH TECH (2015)
Received label “certified FrenchTech”, given to a selection of innovative startups.
3D FINTECH CHALLENGE (2016)
Finalist of the 3D Fintech Challenge run by Dassault Systèmes
F10 FINTECH CHALLENGE (2016)
Finalist of the F10 Fintech Challenge ran by the Swiss based group SIX
FACC INNOVATION AWARDS (2016)
Silver Medal of the Innovation Awards at the French American Chambers of Commerce in New England
INTERNATIONAL CES (2017)
Prize winner of “One billion dollar pitch” run by the FrenchTech community
GRANDS PRIX (2017)
Grand Prize Bank & Innovation in the Blockchain category with Flatirons Jouve
CEO & Co-Founder at FirstBlood, an innovative Esports platform that lets players challenge the field and win rewards, also one of the first Ethereum based project that raised funding through token launch. Founder and CEO of Alt-Options LLC, the first Bitcoin options trading platform based in the US.
- Crowdsale (33%)
- B2B PREMIUM INVENTORY (25%)
- B2C GROWTH POOL (15.8%)
- TEAM (8%)
- ADVISORS (7.7%)
- NEO ALLOCATION (5.4%)
- STRATEGIC SUPPORTERS (5%)
- BOUNTIES (0.1%)
Cost of the token150 tokens for 67.24 $
Price without discounts
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The project represents a decentralized system of data exchange between users, directly without the participation of third parties. The project solves a number of relevant issues, particularly the security system and the safety of the transmitted data are thought out well.
Risks and disadvantages
Among the cons of the project, there is an insufficiently thought-out moment for advertising this product and distributing this solution on a global scale. It's quite difficult to convince consumers to start using a new data exchange system, without sufficient detailed explanations and advertising.
I think that this project can become quite successful in the long-term if the team will be able to eliminate all the shortcomings and expand the advertising campaign to attract a large number of interested users, and also comply with the rules of confidentiality preservation adopted in the EU.
Data security is important because the owners can earn from it and also personal privacy is important. A number of activities to be implemented in order to modify the project have been outlined and are to be implemented in a realistic time frame. Costs of production are reduced on the side of companies. The team has initially achieved success working in this particular circle of business. The website of pikciochain is well integrated and provides unlimited resources to benefit the users on the platform. There are clients already being served these can compel more clients to join since the system is already functional.
Risks and disadvantages
Wrong data can be gathered by individuals and sold to the companies hence misleading them this will cause a set back to the campanis using this platform and the project in return loses its credibility.
Indicators of a successful ICO project are present but imperative to note is that the achievement of the hard cap does not guarantee the continuity of the venture but constant development and profiting on the side of the investors.
What does the PikcioChain platform do?
The PikcioChain is a secure and distributed permission-based platform specialized in the collection, certification and exchange of personal data. PikcioChain lets businesses trade and exchange personal data in complete security and with confidence whilst simultaneously empowering individuals by giving them control of their personal data and enabling them to realize its financial value.
There are two gateways onto the PikcioChain:
PikcioPro lets companies offer or use services (commercial offers, adverts, data portability) based on their customer’s data permissions and certification. It also acts as the portal to the Pikcio marketplace where certified data can be exchanged, bought or sold.
PikcioMe is the gateway for individual end users, enabling them to communicate and share data safely with third parties. Using PikcioMe, individuals can also retrieve their data from different sources or web services and earn Pikcio Tokens (PKC) by selling or certifying their data.
Why should people buy Pikcio Tokens?
The exchange and trading of personal data currently takes place across a range of formats and standards with individual users cut out of the marketplace.
Not only does Pikcio enable the monetisation of personal data for the benefit of the individual data producer but for companies, it solves customer service issues resulting from cumbersome KYC requirements and creates a certification mechanism that businesses can trust.
The opportunities for Pikcio range across all industry sectors but immediate opportunities in financial services, medical information and marketing mean that our initial efforts will focus on gaining traction within these segments.
How does PikcioMe work?
PikcioMe is a personal application that users install on their own devices (laptop, smartphone). It provides access to PikcioChain, our proprietary decentralized network and blockchain architecture (distributed database).
Each PikcioMe application works as the server for its registered user and, if permission is given, can act as the server for other users.
It is this decentralized server infrastructure that puts individuals in control of their data and, because there is no centralized data storage, means that Pikcio is much more secure than alternatives.
When messages or files are sent to another user, the data is sent directly via their Pikcio-enabled devices. Neither MatchUpBox nor anyone else has access to the communication or data exchange.
PikcioMe also creates an audit trail when users footprint a data/file in the PikcioChain, thereby certifying it. As well as being timestamped, messages and data files sent to other users are encrypted before being sent to an authorized PikcioChain node. Only the timestamped print of the data rather than the data itself is stored, ensuring that the user’s data remains on their device forever.
With data stored on individual devices, what happens in the event of a crash or theft?
PikcioMe permits the export of a profile file that contains a backup of the user’s data. If their device crashes, they can reinstall PikcioMe and import their backup file.
We are further developing this profile retrieval system to enable the setting of a user’s contacts as backup. These contacts will store encrypted pieces of the user’s files so if they lose their device, they will only have to reinstall and import their key file with PikcioMe automatically retrieving the rest of the data from their contacts.
How do users get started with PikcioMe?
Pikcio services are accessible through several applications.
What can users do with PikcioMe?
Individual users can:
Manage their personal data
Exchange and manage files
Access their Pikcio Tokens wallet
Access their agenda
View news from contacts
Send and receice peer-to-peer email
Chat with other users
Peer-to-peer video chat
What is Pikcio Wallet?
PikcioWallet stores Pikcio Tokens and enables transactions with other users over the PikcioChain.
PikcioWallet forms part of the PikcioMe application.
Is PikcioMe secure?
Yes. Each transaction is end-to-end encrypted and the encryption key is generated on the user’s device by their PikcioMe application (and not on a MatchUpBox server). The user is the only one who has the key to decrypt their communications and data.
How much does it cost to use PikcioMe?
The PikcioMe application is free and can be used freely for personal tasks such as chatting and file exchange.
Some functionality will need PKCs and some functionality will allow users to earn PKCs.
If companies pay for data, does the user get paid in coins/tokens or in a fiat currency?
All paid-for transactions on PikcioChain are settled in Pikcio Tokens.
Do companies pay individual users for access to their data?
This is a matter to be decided between the user and the company. PikcioChain is a free market that can certainly be used by individual users to receive fair value for their data.
Do companies pay to use Pikcio?
Yes, companies pay for the PikcioPro services such as certification. Companies use the PikcioChain and PikcioPro services to manage private blockchains that address their specific needs.
Does MatchupBox keep copies of user data?
Because PikcioMe stores data on the user’s devices, there is no copy of their data anywhere.
However, users can request that PikcioMe backs up some of their data onto another PikcioMe device. This data is then encrypted with the user’s encryption key.
What data formats does PikcioMe support?
PikcioMe is format agnostic and supports any kind of data.
For how long do users have access to their data and credentials?
Users have access to their data forever as they store it on their own PikcioMe-enabled device.
The certification details (footprint and timestamp) of a user’s data are stored externally and forever in the PikcioChain.
When will the Pikcio Tokens Crowdsale start?
The Pikcio Tokens crowdsale starts on November 24th, 2017.
What makes Pikcio different from other credentials companies?
When other companies certify and store data locally on their servers and databases, they are the sole guarantor of the authenticity of the data, we have to trust them. If they modify or change the data, nobody will know.
PikcioPro and PikcioMe are based on the PikcioChain, which is a Blockchain-based distributed network. When data is certified, a footprint of this data is stored (timestamped) on a fully distributed database owned by several trusted companies on their servers.
This distribution shares the responsibility of the certification between several entities/companies/administrations and makes it incorruptible. If one of them forges data, the others will know and will update the network with the correct data.
Why PikcioChain rather than a contract based on Ethereum or Hyperledger?
Ethereum and Hyperledger (IBM) are both networks based on Blockchain technology like PikcioChain but their more centralized infrastructure means that the individual user does not maintain control of their data.
Hyperledger uses only IBM servers to store and certify data meaning that users have to trust IBM.
Compared to Hyperledger, Ethereum architecture is used and owned by several companies but when data is sent to the Ethereum Blockchain, the user does not know where their data has gone. This makes it unsuitable for certain highly regulated industries such as the health and financial services sectors.
PikcioChain’s distributed architecture is fine-tuned and built according to the requirements of the data being processed.
The certification nodes are stored by default on a minimum of 3 different entities because this allows Pikcio to validate transaction by consensus.
How is Pikcio different from Civic, Verif-y or others?
Most importantly, we have a strong and established history and have spent the last three years developing the PikcioChain and its dependent applications.
Pikcio is a proven technology that operates with existing clients. We also recently won the Banking Innovation Award in Paris.
What are Pikcio Tokens (PKC) for
Some Pikcio functionality can only be accessed with Pikcio Tokens and some functionality allows the earning of Pikcio Tokens. For example, a user can share certified data with a company and earn Pikcio Tokens from the company in return.
When I purchase PKC, am I buying a share of the business or other security?
No, it’s important to understand that PKC are “utility” tokens. This means they’re used to gain access to services within PikcioChain. The value of PKC is likely to rise as more people and businesses use Pikcio but that value is not directly linked to the value of the business as a whole.
As a utility token, PKC is neither a cryptocurrency (e.g. Bitcoin) nor a “security” token, so it does not come with rights to any aspect of the business, instead it gives the holder the right to access particular services.
Which payment methods will be accepted in the crowdsale?
PKC can be purchased with ETH, NEO or fiat currencies via bank transfer.
What is the price of PKC
The exchange rate is set at 150 PKCs for 1 NEO. ETH to PKC price is calculated daily based on the NEO to ETH exchange rates.
What is the process to buy PKC?
For a detailed step-by-step guide click here.
For a detailed step-by-step guide click here.
Your PKC purchase is printed in the PikcioChain. Once the transaction is validated, you will receive that amount of PKC in your wallet.
How many Pikcio Tokens will be available in the crowdsale and how many are created in total?
The number of Pikcio Tokens sold during the crowdsale will define the total number of PKC. The crowdsale will represent between 20% and 33% of the total amount of PKC created.
For example, if 2 million PKC are sold during the crowdsale (400BTC), 10 million Pikcio Tokens will be created in total.
How much has Pikcio raised so far?
When will the PKC be tradable on exchanges?
Q1 2018 is the likely timeframe. This will allow time for the retrieval of funds from the ICO and the set-up of the global PikcioChain immediately.
Where can I read the Pikcio WhitePaper in full?
The Pikcio WhitePaper is downloadable from pikciochain.com.
Where can I purchase BTC or ETH?
You can purchase BTC, ETH or other cryptocurrencies on dedicated platforms like coinhouse.io or coinbase.com.
Is PKC defined as a security by the US SEC? (see https://www.investor.gov/additional-resources/news-alerts/alerts-bulletins/investor-bulletin-initial-coin-offerings)
No, PKC is not considered a security. As mentioned above, PKC are utility tokens that provide access to services on the PikcioChain
With all of the news and stories about ICOs being a bubble, or being problematic because of the unclear regulatory guidance, why is MatchUpBox still going forward with an ICO instead of another funding model?
The ICO is only one element of our funding model. We consider it important to leave as many PKC in the Pickio ecosystem for its users, so we’re also raising equity funds that will be used to fund MatchupBox, the company behind the PikcioChain.
Does PikcioMe already exist?
Yes. PikcioMe is available for Windows, Linux (Debian based) and MAC OS in beta. Do not hesitate to request an invitation via Pikcio.me
Does Pikcio already have users/clients?
PikcioMe has nearly 200 beta-testers. PikcioPro has several pilots currently running in Europe and the USA, with China and Bahrain coming online soon.
When was MatchupBox (MuB) incorporated?
MatchupBox is the parent company of Pikcio. MatchUpBox was created in June 2014.
Who should I contact if I have further questions?
Do not hesitate to contact us at [email protected]