PRIVATE DATA EXCHANGE
Software company MIQ invented the PDEX©️ technology in 2019 used in the software product MiqID. PDEX©️ is a proprietary format controlled by MIQ which allows private individuals to store private identity data in a cloud solution controlled by the individual. Upon a digital handshake process with internet counterparts (websites / webshops / physical shops or other private individuals), users can exchange data about themselves with the counterpart without having to type in all data and without having to perform a specific logon to the website or the counterpart.
PDEX uses a combined AES/SSA encryption system which makes the use of the technology safe for the users on an equal level to bank, military and government encryption standards.
The PDEX©️ technology provides a user friendly platform to directly see and control personal data being logged by the counterpart and to permit or deny data being exchanged between the parties.
The PDEX©️ technology also allows websites to display relevant data to the private counterparts based on their basic details such as age, gender and postal code(country) or based on the users shared personal interest in the specific website, and to let the private counterparts do ultra speedy checkouts from webshops.
The technology has not yet been released for usage by others than MIQ.