Cambridge Analytica wants to create cryptocurrency

in #news7 years ago

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Cambridge Analytica, is a British political consulting firm that combines data brokers and data analysis with strategic communications for the electoral process. The London-based company is suspected to be behind the leak of Facebook user data as much as 87 million people. Previously, this company is known to plan to raise money by issuing a new type of cryptocurrency. This analytic consultation data plans to raise as much as $ 30 million and has approached the finance technology company to discuss providing early coin or ICO advice, with an online fundraising scheme for new digital currency issues. The company is said to have worked to mine ICO by mid-2017, with online fundraising schemes for new digital currency issues.

The company is said to have worked to mine ICO in mid-2017, with efforts overseen by CEO Alexander Nix and former employee of Brittany Kaiser.

Quoted by Reuters, citing a spokeswoman for Cambridge Analytica, the company is finding out what is blockchain, the technology behind bitcoin and other digital currencies, to help secure their online data.

Further, The New York Times reported citing original documents and emails, Cambridge Analytica is trying to promote another group of digital tokens, dragon coins, cryptocurrencies of this type intended for casino players. This coin is associated with the famous gangster in Macau, Wan Kuok-koi, which has the nickname broken tooth.

Elsewhere, British consultants were under intense scrutiny after the report was not supposed to gain access to personal data from a large number of Facebook users.

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What is their value proposition?