Et Tu, RBI ?
https://lnkd.in/dezPssfv
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Dear Shri Rabi Sankarji,
My apologies for paraphrasing “ Et Tu, Brute ( Even You, Brutus ) ? “
And for :
“ Not that I loved Caesar less, but that I loved Rome more “
Do I hear correctly ?
“ Not that I loved Customer Privacy less but that I love DATA MONETIZATION more “
You are not the first person to stress upon :
Ø Data is MONEY
Ø Data has significant value for businesses
Ø Personal Data vs Public Data
Ø User as the “ Data Owner “
Ø Customer Privacy
Ø Need for user consent
Ø Data not owned by RBI
Nor are you the first to talk about “ Monetization of Personal Data “ of customers
However, you are THE FIRST person to talk about : “ Community Protection Law “
You have not elaborated on what shape such “ Community Protection Law “ should take
I hope what you have in mind is :
Ø Monetization of any User’s Personal Data , must include COMPENSATING the user for using his data
Ø Customer Privacy will mean selling / sharing ONLY “ Aggregated and Anonymized Data “
I urge you to consider the following FRAME-WORK for your proposed
“Community Protection Law “ :
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Ø Digital Dividend from Demographic Data [ 4 D ]….[ 14 Feb 2019 ]
https://lnkd.in/fRqce6R
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Ø SARAL ( Single Authentic Registration for Anywhere Login )….[ 10 Feb 2019 ]
https://lnkd.in/fruaZJ8
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