HP Wants to Build a Personal Data Stock Exchange

Looking to make a cut of the billions of dollars in annual revenue Internet companies make by selling personal data, Hewlett-Packard wants to patent its idea for an open data market. 

HP Wants to Build a Personal Data Stock Exchange

What's the Latest Development?


HP Labs, the research arm of Hewlett-Packard, is seeking to patent its model for a personal data stock exchange. In the model, Internet users would set prices on bundles of personal information, from age to weight to drink preferences, seeking to attract buyers from the open market. Those buyers would most likely be businesses, such as pharmaceutical companies, looking to use personal and demographic information to advance a particular product or vein of research. "A trusted market operator could take a small cut of each transaction and help arrive at a realistic price for a sale." 

What's the Big Idea?

With Internet companies making billions of dollars each year by selling your personal information, new business models that promise more user control are gaining momentum. "Startups like Personal and Singly are working on these challenges already. The World Economic Forum recently called an individual's data an emerging 'asset class'." Ultimately, "giving people control on a trustworthy market could encourage more and new kinds of data to be shared. ... For example, a person might feel comfortable putting an anonymous health record on the market after visiting a hospital, or sharing automobile GPS locations to help cities decide where to build new roads."

Photo credit: Shutterstock.com

Golden blood: The rarest blood in the world

We explore the history of blood types and how they are classified to find out what makes the Rh-null type important to science and dangerous for those who live with it.

What is the rarest blood type?

Abid Katib/Getty Images
Surprising Science
  • Fewer than 50 people worldwide have 'golden blood' — or Rh-null.
  • Blood is considered Rh-null if it lacks all of the 61 possible antigens in the Rh system.
  • It's also very dangerous to live with this blood type, as so few people have it.
Keep reading Show less

Modern society is as unequal as 14th century Europe

As bad as this sounds, a new essay suggests that we live in a surprisingly egalitarian age.

"Philosophy Presenting the Seven Liberal Arts to Boethius"

Getty Open Content
Politics & Current Affairs
  • A new essay depicts 700 years of economic inequality in Europe.
  • The only stretch of time more egalitarian than today was the period between 1350 to approximately the year 1700.
  • Data suggest that, without intervention, inequality does not decrease on its own.
Keep reading Show less

You are suffering from “tab overload”

Our love-hate relationship with browser tabs drives all of us crazy. There is a solution.

Photo by Anna Shvets from Pexels
Technology & Innovation
  • A new study suggests that tabs can cause people to be flustered as they try to keep track of every website.
  • The reason is that tabs are unable to properly organize information.
  • The researchers are plugging a browser extension that aims to fix the problem.
Keep reading Show less
Personal Growth

Epicurus and the atheist's guide to happiness

Seek pleasure and avoid pain. Why make it more complicated?

Quantcast