PRIVACY BRIDGING BY CENTRALIZED BODIES

The billing and subscription industry, like many other sectors that rely on sensitive customer information, faces significant challenges related to privacy bridging by centralized entities. Centralized platform that handles billing and subscription services store massive amount of sensitive customer data, these data can be in the form of names, addresses, credit card, details, transaction histories and usage patterns. these platforms are prime target of cyber- attack and the government for their interior motives because a single breach can expose thousands or even millions of user's information. causing lost in Big-Data and finance. Hackers often exploit these vulnerabilities from the web2 utility industries leading to data links, identity theft and financial losses for both consumers and companies.

in the web2 billing Industries Data of a user are being stored and used and monetarized with third parties without that user's consent creating a lack of transparency making users not to earn from their own data being sold online. This creates a distrust between customers and companies and raises serious concerns about the ethical handling of the personal data

SOLUTION: OF PRIVACY BRIDGING

Skull Ape can enhance privacy in the utility industries by eliminating the need for centralized storage of sensitive data and using privacy-preserving technology. instead of traditional payment gateway (Credit cards processing) Blockchain based payments through Skull Ape ecosystem can enable users to pay for subscriptions directly using the Skull Ape currency. backed up with a privacy-preserving smart contract. these means assure a secure payment meaning that payments are processed in the Blockchain. there would be no need to share financial information (such as credit cards numbers with centralized entities).

Skull Ape assures a zero-knowledge proofs or multiple signature smart contract. for example, a user can prove they are eligible for a subscription service without revealing their identity, using cryptographic proofs which the algorithm agrees on.

USE CASE EXAMPLE:

A user subscribes to a streaming service using the Skull Ape platform. Instead of providing credit card details or personal information, that user can use an inbuilt decentralized cryptocurrency wallet to pay. A smart contract automates monthly payments, deducting from their wallet without the service provider storing any personal information. If the user wants to prove eligibility for a discount (e.g., student discount), they use a zero-knowledge proof, verifying their student status without sharing personal details.

In this scenario, blockchain protects the user's financial and personal privacy, while ensuring smooth, automated billing without exposing sensitive data to centralized entities.

Skull Ape Platform is deploying a system whereby users are in control of their data using these two modes:

1: PRIVACY MODE

2: EARNING MODE

1: PRIVACY MODE: This is when a user can decide to remain private and restrict his/her data from being s

2: EARNING MODE: Users can have the privilege to earn from their data they sell to centralized service provider. in return for user sharing their data with these centralized bodies users earn Skull Token that can be used to solved their needs