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30 COMPLIANCE MATTERS

BE IN CONTROL OF YOUR OWN data

New technology seems to pop up around us everywhere we look, and then it passes us by as if we’re standing still; new innovations and startups are being created at an unprecedented speed.

WHY IS THIS GOOD FOR THE AVERAGE PERSON?

Even the government is catching on and making moves to help startups, which is a change in the right direction. Such initiatives are being embraced because the startups and innovative companies of today are the employers of tomorrow. Providing them with support and assistance is a great way to ensure the design and distribution of new products, along with the lowering of unemployment rates as per election promises.

THE TECHNOLOGY IS HERE, THE PEOPLE ARE READY!

While all this change is happening both online and off — much of it beneficial — one area that has lagged behind is the efficiencies (or lack of) concerning the acquisition and management of personal and asset data. Sure, we now have digital forms and, if we fill these in on our own computer, chances are they will auto-populate, or auto-fill. But digitising forms is merely a stop-gap measure; moving beyond the status quo and creating collaborative data systems is key to the future. SO WHAT IS THE FUTURE? WHAT IS THE SOLUTION? The future is a single source of data, a single source of truth, where the data is owned by the individual it pertains to. The big difference is that your data can be shared — with your permission — with other people like family or the organisations you’re connected to. It won’t be shared publicly in the way social platforms like Facebook or Instagram work, but kept on a network that is both secure and private.

Imagine a digital filing system that holds all your documents and data, that also warns and reminds you of upcoming expiries, stops you from losing documents, keeps everything searchable by name and keyword, and even insures you against their theft or misuse — that has to be good!

Currently we are storing our private data in emails, or through services like Dropbox or Google Drive, or in a myriad of other locations, and even as hard copy.

But wouldn’t you prefer it if you could look through the list of people or organisations that can see your data and remove any of them with a simple click? Wouldn’t you prefer it if you had control over your own data? m

JasonKnight, miiGroup

Jason Knight is the founder of the platforms iCompLii and miiFile. After living and breathing the small business pains of administrative and compliance burdens, Jason formed a vision of a world where employees and clients could instantly be connected and managed with simplicity.

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