Visions of Blockchain Magazine Visions of Blockchain Pillar Unepisode | Page 81

Pillar’s customer bill of rights 1 You own your own identity. You’re in charge of how you identify yourself to others. 3 You own your own data. You have the password and we don’t. 2 4 5 6 7 8 9 10 11 12 13 You have the right to remain anonymous. Anonymous is the default mode. However, many services will require your identity to be compliant with government regulations. Your data is always encrypted. Only the password can make sense of it. You store your own data, we don’t. That means you pay to store and backup your own data, as opposed to a large multinational company storing your data for “free.” You give access to your data on a “least privilege” basis. That means you give only the minimum amount of information required to accomplish your tasks. You can revoke access and data in circumstances where the other party allows this - must be specified up front. If you want to transact on our platform, you will need to be identified with a KYC (Know Your Customer) check, which involves showing a company your passport and proof of address. You will own this data and maintain it. It will be part of your personal data locker and you’ll be able to use it over and over again. This helps you stay compliant with various legal requirements. There are no accounts. You have your account in the Pillar app, and all the services in the app use this data rather than copy it. You can reuse your personal data over and over. If you change your personal data, it will automatically update throughout the system. We replace apps with services. Apps are old- fashioned capsules that trap your data. Services on the Pillar platform will interact and work in context, appearing and helping you solve problems as you need them. We strive to create and adopt open-source data standards for worldwide interoperability. These data standards will bridge many systems. They will change the way people communicate and will provide more liquidity to markets. No hidden charges. We don’t want to be charged silently for products, services, and subscriptions. We want to be able to approve or deny charges as they occur.