Funny names aside, the polyPod enables you to track and securely store all of your data. Finally, you're in charge!
We have researched how PayPal handles data collection. They're one of the few companies that offer any transparency in this process.
They are but one among many, although most large companies operate the same way, and as opaquely as possible.
You don't just pay with your money. You pay with your data. You pay with your privacy - without really knowing it.
With every purchase, reams of your personal data is being captured.
Your data is passed on by PayPal to hundreds of companies that have nothing to do with your actual purchase, such as marketing and public relations firms.
This can include highly sensitive information such as your telephone number or your credit card number.
PayPal shares your information with companies all over the world. They are not subject to German or European law. More than likely you've never heard of these firms. They have access to sensitive data, such as your bank account details, your mobile phone number, or your financial history. Data that you have protected using two-factor authentication.
Paying on the Internet with just one click is quick, easy, and convenient. And this is exactly what you should be able to do with peace of mind. polypoly makes data flows visible, and with the polyPod you regain control over your data. You will always be in the driver's seat.
This ensures that all companies handling your data do so carefully and fairly.
Source: PayPal (October 2019)
Think of the polyPod as a drawer in which you keep all of your important documents - birth certificates, tax documents, photos, or love letters. It's your choice who can see this drawer. This is precisely how the polyPod operates. Like a digital drawer for your private data.
Unlike a real drawer, the polyPod automatically collects and sorts the data it finds about you on the Internet.
Whether individual data or entire groups, the polyPod makes it easy for you to do a digital Spring clean on the Internet.
All new data is securely stored in your polyPod and other devices under your control. polypoly has no access to it.
Your data will not get into any third-party databases. They can only gain access with your permission.
When companies rent your data you will receive your fair share. The polypoly Cooperative takes care of sorting the details.
The polyPod is owned by the cooperative and therefore in the hands of its members. That means you!
Finally you're in control of your own data and make decisions about who gets to see it and when. Feels good, huh?
Even though the polyPod will not be available until the beginning of 2021, you can secure your share in the cooperative today.
In doing so, you will help us to make faster progress in development and benefit our growing community.