Frequently Asked Questions

WHAT DOES MIQID OFFER?

With a MIQID, you store your personal data securely, so you can use the same master data about yourself over and over again whenever you want. MIQ is independent and we do not sell or disclose your data. Our sole purpose is to ensure the safe storage and exchange of your data. MIQ does not participate in the exchange and we do not have access to your data. You could say we’re a safe deposit for data. You have the key, and without you and your permission, the safe is completely locked.

HOW DOES MIQID EARN MONEY?

MIQID primarily makes money by offering companies, organizations and authorities the opportunity to communicate with the user’s selected data on the user’s terms. For example: It creates value for shoe businesses that a user has specified a foot size. This information can mean that there will better size choise precision and fewer returns when selling shoes online. In addition, more advanced services are added onwards, where companies can achieve extended anonymous behavior patterns, guiding them on what the users really want.

WHAT IS A MIQID ARCHETYPE ANALYSIS AND WHAT IS THE USE?

The archetype analysis is based on Goldberg’s five-factor model OCEAN, a taxonomy for types of personality. The archetype analysis works by creating a personality analysis on you after you answer a number of questions in the MIQID app.

The OCEAN model works on the basis of five recognized personality traits (Openness, Conscientiousness, Extraversion, Agreeableness and Neuroticism – OCEAN) and can describe you as a person based on these traits.

When using the OCEAN model, MIQID users have the ability to communicate more accurately at the individual level. The MIQID user can also use the analysis for personality presentation for future employers and to companies in connection with the composition of teams where they want the representation of people with given different resources.

IS THE DIGITISATION OF IDENTITIES A DANGEROUS DEVELOPMENT?

No, we don’t believe so. Our studies show that if the user is willing to share their chosen and most often harmless needs and interests through MIQID, the user will experience faster and better targeted help. And to be sure of confidence, MIQID always allows the user to shut down the data exchange.

We see that the world’s population is increasingly using social media to share needs and interests. The challenge of these networks is just that data lies with the provider. Providers often sell data as part of their business model.

The critic argues that you should protect your data at any expense, and not share personal data with anyone. The open soul will argue that you should just share everything if you have nothing to hide. We believe that the best solution is for the user to decide and manage their data. You only need to share your data with the people you want. And must always be able to withdraw them.

WHY DO I NEED TO HAVE CONTROL OVER MY DATA?

You often hand over your information to businesses when you are online. Companies can use your data to read your digital behavior and predict you. With your data in hand, companies can create value for themselves and others that don’t always benefit you. By taking back control of your data, you get the ability to control who gets access to your data and when.

WHY USE contractbook TO CREATE A MIQID?

We use Contractbook to validate MIQID users. When validating your MIQID, use the Social Security number. You will then receive a code sent to your email, which must be entered in the creation process. This code is used to validate an MIQID user. When using the Contractbook, we have a guarantee that all users are who they say they are.

Who is behind MIQID?

We are a private, Danish and independent company that provides secure storage and intelligent data exchange between parties. We do not participate in the data exchange and do not access data. The idea for MIQID started in 2016. Founder Jesper Holm came up with the idea to create a digital identity platform that brings all data together in one place. It gives users their data back. Since then, it has taken off, with investors, developers and graphic designers joining in.

HOW IS MIQID UPDATED?

MIQID is constantly developed and updated. We collect user feedback and experiences and continuously improve functionality. New features are added while others are optimized. To be sure to get the latest updates, read more on our news site.

IS MY DATA DISCLOSED TO THIRD PARTIES?

No, your data is not disclosed to third parties. Your data is encrypted and stored in our databases. Some counterparties are forced to store certain data if you trade with them. Through MIQID, with your acceptance, you share the soft personal data (e.g. interests and body measurements) which you have opted to share with the counterparty. The benefit for the counterparty is insight into behavior patterns and statistics, but they do not have access to your sensitive personal data.

CAN YOU GET MIQID IF YOU'RE UNDER 15?

At present, you cannot get MIQID if you are under 15 years of age. During 2021 we aim to launch MIQID Junior. One of the advantages of an MIQID junior is that no one in the online world can impersonate either younger or older than they are, which is relevant in several situations.

 

One of the objectives of MIQID junior is usage in online chat forums and gaming universes where young people under the age of 15 have a profile. MIQID junior allows parents to limit the behavior online – for example, to be able to communicate exclusively with peers. MIQID Junior is thus an ID associated with the parental MIQID. The parents administer juniors’ data until the age of 15, whereafter they can receive the adult MIQID.