Who are Mydex CIC's competitors?

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Are you alone, are there alternatives, is this a growing area of capability?

Thu, 20/11/2014 - 12:04

Anonymous (not verified)

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Short Answer

The market for identity and personal data services is massive. There are many providers of components that can address aspects of the market and there are some specific startup personal data services operators such as Personal, Singly and Qiy internationally and Allfiled and Paoga in the UK.

 

However, none operate as a Community Interest Company with an asset lock and requirement to reinvest its profits in its chartered social purpose. This is a key differentiator about Mydex CIC in terms of trust and can be seen alongside our external ISO27001 and Fair Data certifications. None operate the same commercial model as Mydex, and those that are VC backed (or in Qiy’s case, funded by a government bond that must be repaid soon) face a specific time horizon for realisation of investment. In short, there are many personal data related services taking off: intently.co, datacoup, SocialSafe, deletnis, Diory.me, handshake, Memoto, MyPermissions, justdelete.me, RepsectNetwork, safeplug, FileThis.

 

Our focus is very clearly defined, we are equipping the individual for life-long accumulation and organisation of the data about their life and giving them independence from any apps or services by providing them with the control over who they share their data with and for what purpose. We believe apps and services come and go and the individual needs a safe place under their control that is free and secure with no other agenda than their empowerment and control.

MydexCIC's picture
Thu, 20/11/2014 - 12:04

MydexCIC

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Technical Answer

In the UK, Allfiled focuses on selling whitelabel personal data stores to organisations to embed within their own customer portal services. These currently have little or no connection to the outside world. They are driven from a data acquisition standpoint. The second is Paoga, focused on applications for the financial services sector. These offer a personal data store to an Independent Financial Advisors client for the purposes of secure document signing and exchange.

MydexCIC's picture
Thu, 20/11/2014 - 12:04

MydexCIC

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