Data Sovereignty
The main selling point of the Rejuve product token is the sovereignty made possible by our transparent, fair, and proportionate assignment of credit via AI, along the supply chain for individual contributions to innovations. Our tokenomics system allows the distribution of fair compensation for data and Intellectual Property contributions, possibly even beyond longevity or Rejuve, in a more equitable model than a ‘winner take all’ economy. For early versions of the Rejuve app, credit will be assigned to users in proportion to the contribution their data makes to the AI, which is 1/n of the number of contributors at its simplest. Market dynamics and more sophisticated measurements of contributions will help determine fair proportions in later stages, including assignment of credit for models that are creative innovations of human contributors. The Rejuve Product NFT is a non-fungible token that tracks contributions throughout the pipeline that leads to a product launch. Every time a completed product is bought with tokens, data contributors automatically get their fair share, in proportion to their contribution to the product. The ability of the AI to transparently and accurately assign credit to user data and network organizations for discoveries and record it forever in the Rejuve product token distributed ledger are key features that enable fair, more equitable compensation. This tracking goes down to the level of the individual contractor or employee within organizations so they may receive fair credit for their contributions as well. The credit assignment feeds back into the reputations of users, network partner organizations, and employees. Data contributors have Data NFTs that point to the product and keep track of what specific data was contributed to what product. Product and Data NFTs together track contributions to products, where contributors/owners have licensed their data and expertise, without revealing that data, in a secure data/IP model.
To prevent theft, the data will be stored with HIPAA compliant security in a centralized database, and when sufficient new AI technology arrives that can analyze encrypted forms of data, no one will be able to see or unlock the data except the user, in a distributed database, such as the NuNet platform.
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