Killi Featured in Forbes Outlining Its Fair-Trade Data Program(TM)

 

Interview with Neil Sweeney, Founder and CEO of Killi, explains the new model that allows consumers to take back the power of their data

New York, New York–(Newsfile Corp. – July 21, 2020) – Killi Ltd. (TSXV: MYID), a global leader in consumer privacy, announces that its Founder and CEO, Neil Sweeney, was featured in Forbes magazine to discuss the Company’s Fair-Trade DataTM program. The article highlights how the Fair-Trade DataTM program redistributes wealth via the Company’s Data DividendsTM and allows consumers to see what personal data is being bought and by whom.

Article Highlights: “Killi’s fair-trade data program runs off the back of the data dividend concept referenced by California Governor Gavin Newsom, which proposes California residents be paid a ‘dividend’ for the use of their data. Similar to former Presidential candidate Andrew Yang’s Universal Basic Income concept, which pays users for the use of their data, every time a brand or platform uses the user data shared with Killi, those users will be compensated. Unlike Gov. Newsom and Yang’s proposals, which lack a mechanism for delivery, Killi’s product is currently live and paying users weekly while providing a full transparency report that outlines what data was purchased and by whom.

Please find the article here.

To learn more about Killi’s Data DividendTM and more extensive Fair-Trade DataTM program, please visit https://killi.io/earn.

About Killi

Killi is a consumer privacy ecosystem that aims to put people back in control of their data. Killi allows consumers to take back control of their consumer data from those who have been collecting it and selling it unbeknownst to them. Available on iOS, Android as well as the web, Killi is available internationally. With Killi, consumers can opt-in and link specific pieces of personal information from various financial and social accounts that they would like to put under their control and share with companies and be compensated directly in the form of cash for its use.

Download Killi here.

FOR FURTHER INFORMATION, PLEASE CONTACT:

Andrew Elinesky, CFO

+1-416-904-2725

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Forward-Looking and Other Cautionary Statements

This news release may contain “forward-looking statements” within the meaning of applicable securities laws, including, but not limited to, the Company’s financing plans. Forward-looking statements may generally be identified by the use of the words “anticipates,” “expects,” “intends,” “plans,” “should,” “could,” “would,” “may,” “will,” “believes,” “estimates,” “potential,” “target,” or “continue” and variations or similar expressions. These statements are based upon the current expectations and beliefs of management. They are subject to certain risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. These risks and uncertainties include, but are not limited to: the uncertainty surrounding the spread of COVID-19 and the impact it will have on the Company’s operations and economic activity in general; and the risks and uncertainties discussed in our most recent annual and quarterly reports filed with the Canadian securities regulators and available on the Company’s profile on SEDAR at www.sedar.com, which risks and uncertainties are incorporated herein by reference. Readers are cautioned not to place undue reliance on forward-looking statements. Except as required by law, the Company does not intend and undertakes no obligation to update any forward-looking statements to reflect, in particular, new information or future events.