PI.EXCHANGE is proud to introduce the beta version of the world’s first personal data bank. Start investing with us today. It's a free to use and effortless experience presented in the form of a mobile app, putting the power of data science into your palms.
It is our mission and promise to be your lifetime companion, in getting you maximum benefit from the data you generate. We will transform your data into highly valuable insights by employing AI to enrich and grow your data’s value over its lifetime.
It’s very simple, you create an account, pick the sources of data you want to invest with and sit back while our AI-powered platform gets you the most out of it. We provide these services 100% free of charge and feature no ads on our app. Start investing early by participating in the beta and get hyped for many more features to come!
PI.EXCHANGE strives to change the way the personal data ecosystem operates. We want to challenge the status quo. We believe data generated by you should belong to you and you should be the one to benefit from it. We aim to return the power of your data back to you, its biggest producer.
We achieve this by enabling you to accumulate your data passively as you live your life. This data is then run through machine learning models to give you personalized insights, the ability to share or compare yourself to the world around you, the ability to finally own the data PI.EXCHANGE helps you collect. And soon, you will be able to use your insight profiles in a completely anonymous way to earn royalties just like a music star.
What we offer you is our personal data ecosystem easily accessible to you via the PI.EXCHANGE app. The app is a beautifully designed, easy to use and intuitively structured to enable anyone with the ability to collect their data in the easiest way possible. We have created a way for 7 billion people on the planet to benefit from personal data, not just large corporations and business intelligence firms.
Start investing with your personal data by adding value to your insight profiles today, and grow in value with the PI.EXCHANGE ecosystem!
PI.EXCHANGE is a high tech start-up, heavily focused on maximizing the value of personal data with the emphasis on personal data security, transparency and ownership. PI.EXCHANGE comprises of a team of highly skilled scientists, engineers and business leaders who identified this vast opportunity and had confidence in bringing this vision to fruition.
Our team, officially established in late 2016 in Melbourne, Australia specializes in big data & analytics, machine learning, IoT & mobility, infrastructure, security & privacy, and information management. The team possesses the combined skills of individuals with experiences in Fortune 500 organisations across the US, the EU and the APAC region across a variety of industries and sectors.
PI.EXCHANGE understands the need to develop strong data science capabilities to fully extract value from personal data in the best way possible. Our data and engineering team consists of academics and scientists from premier Australian and US industrial and research institutes with cutting edge scientific research on the frontier of mathematics, AI, machine learning and deep learning. Building the on top of this technical foundation, PI.EXCHANGE also recognised the need for proper management and business development to ensure a sound and scalable business model. This resulted in a strong business team with a wealth of business development experience across Asia Pacific.
As a business that truly believes it is ultimately the people that make an organisation great, we are always seeking new team members that believe in being exceptional and changing the world. Please reach out to us, if you want to be part of this world changing journey!
PI.EXCHANGE utilizes its exceptional data science talent to solve any data science needs a business may have. We use data science to generate value and achieve your businesses' goals with actionable insights and predictive analytics. Our knowledge and experience utilizing the most cutting edge and advanced data science technologies and techniques are honed to assist your needs in the following ways:
WE ARE EXCITED TO HELP YOU ACHIEVE YOUR BUSINESS GOALS! LET'S TALK!Phone: +61 3 8691 3132
For more information, please download the Company Profile.
As innovators in the data economy, we believe data like any other valued asset should be valued at a fair market price. This means allowing the forces of demand and supply to assist us in setting a price. In general, the more data you provide over a longer period and from a larger number of sources, the more valuable it becomes.
Signing up for our beta will allow you to begin collecting your data earlier and therefore potentially gain more when we become a full-fledged personal data exchange.
Last updated 8th August 2017.
Welcome to PI.EXCHANGE, an online platform operated by PI.EXCHANGE Pty Ltd 613 811 671 ("PI.EXCHANGE").
The use of the Services provided by PI.EXCHANGE is governed by the terms and conditions set out below ("this Agreement"). Without limiting the way in which you may be bound by this Agreement, by signing a document agreeing to be bound by this Agreement, by clicking a button or checkbox on your computer screen including your acceptance of this Agreement, or by proceeding to use the Services you will be deemed to have accepted and will be bound by the terms and conditions of this Agreement.
As a user of the Platform, you will at all times be bound by this Agreement in the capacity as a Data Owner, Data User or both a Data Owner and a Data User. The terms and conditions of this Agreement will apply to your use of the Services in either or both of those capacities.
PI.EXCHANGE provides a virtual platform to enable Data Owners to use the Services, to Upload their PD to PI.EXCHANGE’s platform, websites and smart phone applications operated by PI.EXCHANGE (together to be known as the “Platform”) and to list all or part of such PD for sale to one or more Data Users (at the discretion of the Data Owner).
PI.EXCHANGE provides an online service in accordance with and subject to the terms and conditions of this Agreement, which may include:
You agree that PI.EXCHANGE may restrict or modify the Services at any time (including restricting certain parts of the Services for use solely by Data Owners or solely by Data Users), and discontinue the Services (or part thereof) at any time. PI.EXCHANGE may also restrict your use of some or all Services, suspend the delivery of the Services at any time and subsequently reinstate them at its discretion.
PI.EXCHANGE may require you to create an online account with PI.EXCHANGE (“Account”) in order to use some or all of the Services.
PI.EXCHANGE may restrict the usage of the Services (or part thereof) for persons who do not have an Account.
PI.EXCHANGE may, from time to time, amend or place restrictions on the requirements needed to create an Account.
By creating an Account, you represent and warrant to PI.EXCHANGE that you are 13 years of age or older (however minors under the 18 years of age will be restricted from selling their PD, in whole or in part, via the Platform). You may however permit minors under 13 years of age to use your Account on your behalf provided that you are their parent or legal guardian, and provided that their use of your Account occurs under your supervision at all times. If you do permit a minor under 13 years of age to use your Account in accordance with the forgoing then you agree that you are responsible for their actions, omissions or negligence and you indemnify PI.EXCHANGE against any loss, cost, expense or damage it may suffer as a result of the same.
If you agree to create an Account with PI.EXCHANGE then you agree:
You acknowledge and agree that PI.EXCHANGE may disable or delete your Account at any time in its sole and absolute discretion, and for any reason whatsoever. If your Account is deleted or disabled then you acknowledge and agree that you will only be able to use the parts of the Platform and Services as provided by PI.EXCHANGE to members of the public who do not have an Account.
You may terminate your use of the Service at any time by disabling or deleting your Account via functionality contained in the Platform.
You must only list PD for sale, in whole or in part, if:
By Uploading PD you are warranting to PI.EXCHANGE and to each Data User that:
You acknowledge and agree that:
PI.EXCHANGE’s only role in that sale is the role set out in this Agreement.
You agree that you do not have the power to bind PI.EXCHANGE in relation to any obligation owing to a third party. PI.EXCHANGE is not a party to any transaction or agreement between any Data Owner or Data User and is not responsible for any act or omission of any Data Owner or Data User.
PI.EXCHANGE may determine from time to time, to supply Products through the Platform for purchase by Data Users or Data Owners.
If Products are supplied through the Platform, then PI.EXCHANGE may impose additional terms and conditions which apply to the purchase and supply of the relevant Products. Such additional terms and conditions will form part of this Agreement, will be detailed on the Platform page relevant to the particular Product and, unless otherwise stated, will override any inconsistent term in this document (including this clause 7), to the extent of the inconsistency only.
Data User Credits: Where the Fees incorporate Data User Credits, such Data User Credits will become the property of PI.EXCHANGE immediately upon being deposited or paid to PI.EXCHANGE and PI.EXCHANGE may redistribute such Data User Credits as it sees fit and in a form deemed suitable by PI.EXCHANGE in their absolute discretion and which may occur by sending a redeemable link, code or voucher to the relevant Data Owner(s) by email to the Data Owner’s Account.
Escrow: PI.EXCHANGE is not an escrow service and does not hold property on behalf of any person. All monetary amounts deposited or paid directly to PI.EXCHANGE are property of PI.EXCHANGE and PI.EXCHANGE may (subject to it making payments to Data Owners as described hereunder) use those funds as it sees fit. The only rights that you have to receive payment of any amounts held by PI.EXCHANGE are as set out in clause 5.1(e) and subject to the terms of this Agreement.
No refunds: Unless required by law, PI.EXCHANGE will not provide refunds for any amounts paid pursuant to this Agreement or otherwise in respect of any Offer, PD or Product (whether such payment was made to PI.EXCHANGE or otherwise).
With the exception of the PD, all other content and information on the Platform, including, but not limited to, messages, data, information, text, music, sound, photos, graphics, video, maps, icons, software, code or other material, as well as the infrastructure used to provide such content and information (“Platform Content”), is proprietary to PI.EXCHANGE.
You agree not to modify, copy, distribute, transmit, display, perform, reproduce, publish, license, create derivative works from, transfer, or sell or re-sell any Platform Content, or Services obtained from or through the Platform. Additionally, you agree not to:
You retain all ownership and Intellectual Property Rights in your PD. By Uploading your PD, you grant PI.EXCHANGE a royalty free, worldwide licence to display and use the contents of your PD on the Platform and in accordance with this Agreement.
You acknowledge that PI.EXCHANGE is the owner of all Intellectual Property Rights which subsist in any content you upload to the Platform, including, without limitation, postings on the Platform, commentary, or any suggestions or ideas, or any other work, item or thing you upload to the Platform or provide to PI.EXCHANGE, but excluding your PD (“User Content).
To the extent that you have any moral rights (as that term is defined in the Copyright Act 1968 (Cth)) in any User Content you provide to PI.EXCHANGE, then you waive all such moral rights, and to the extent that such waiver is not possible, then you consent to PI.EXCHANGE making all uses, edits and modifications of the User Content in its sole discretion, including, without limitation, as further described in this Agreement.
You agree that:
You agree that PI.EXCHANGE is under no obligation to edit, monitor or control the User Content which is published to the Platform by any other user, however PI.EXCHANGE reserves the right to do so.
You agree that you will not post, upload to, transmit, distribute, store, create or otherwise publish on the Platform, any of the following (“Infringing Content”):
PI.EXCHANGE will have no responsibility or liability for any User Content, PD or Infringing Content posted, stored or uploaded on the Platform, or for any loss or damage suffered by you or any other person as a result of the Platform storing, holding, or making available, any User Content, or PD or Infringing Content to Data Owners, Data Users or other members of the public.
PI.EXCHANGE is under no obligation to review any User Content or PD to determine its accuracy, truthfulness, or whether it is defamatory, slanderous or contains falsehoods.
You acknowledge and agree that PI.EXCHANGE makes no warranty or representation about the accuracy of any User Content, PD, or any other information on the Platform which it obtains from third parties.
You indemnify and keep indemnified, PI.EXCHANGE, its agents, employees and officers against all loss, cost, expense or damage which PI.EXCHANGE, its agents, employees or officers suffer or incur, as a direct or indirect result of:
You acknowledge that PI.EXCHANGE has made no warranties that the Platform, Services, PD or Products will be error free.
You agree that PI.EXCHANGE will not be liable or responsible for any failure in, or delay to, the provision of the Services, PD or Products or in PI.EXCHANGE complying with its obligations under this Agreement where such failure or delay has arisen as a direct or indirect result of:
You acknowledge that PI.EXCHANGE has not made and will not make any express or implied warranties in relation to the Platform, Services, PD, Products or any other goods or services provided by PI.EXCHANGE under this Agreement, other than those warranties expressly contained in this Agreement. Subject to the following, any term that would be implied into this Agreement, including without limitation any condition or warranty, is hereby excluded.
Subject to your rights arising under the Competition and Consumer Act 2010 (Cth) or other similar consumer legislation, you agree that PI.EXCHANGE will not be liable in respect of any claim by you (whether contractual, tortious, statutory or otherwise) for any direct, special, incidental, indirect or consequential damages or injury including, but not limited to, any loss of profits, contracts, revenue or data arising out of or in connection with the provision of the Platform, Services, PD, Products or the provision of any other goods or services under this Agreement and whether as a result of any breach or default by PI.EXCHANGE, or any negligence of PI.EXCHANGE. The maximum liability of PI.EXCHANGE under this Agreement for any and all breaches of this Agreement, and any negligence in relation to this Agreement, will not exceed the total amounts of any Success Fees (excluding such portion of the Success Fee which is attributable to the Data User’s Fee, in each case) and any Product Fees paid by you to PI.EXCHANGE under this Agreement, and if you have not paid any monies to PI.EXCHANGE, then the maximum liability of PI.EXCHANGE will be $10.00.
If the Competition and Consumer Act 2010 (Cth) (or analogous legislation) applies to this Agreement and permits the limitation of liability for breach of warranty implied by statute, the liability of PI.EXCHANGE is limited, at the option of PI.EXCHANGE, to:
Any of the terms and conditions of this Agreement which limit or exclude any term, condition or warranty, express or implied, or the liability of PI.EXCHANGE will apply to the extent permitted by law and will not be construed as excluding, qualifying or limiting your statutory rights or remedies arising by virtue of the breach of any implied term of this Agreement where such exclusion, qualification or limitation would be prohibited by statute.
If you are a consumer (as defined in the Competition and Consumer Act 2010 (Cth)), then nothing in this Agreement restricts, limits or modifies your rights or remedies against PI.EXCHANGE for the failure of a statutory guarantee under the Australian Consumer Law where such restriction, limitation or modification would be prohibited by the Competition and Consumer Act 2010 (Cth).
This Agreement may be amended at any time by PI.EXCHANGE providing you with a new copy of the amended Agreement. The amendments will then take effect from the next time you log into the Platform and/or use the Platform. If you do not agree with the amendments, then you must cease using your Account, the Platform, each of the Services and each Product after you are notified of the amendments.
Any notice given under this Agreement must be in writing and must be signed by the party giving the notice. Unless a later time is specified in a notice, the notice takes effect from the time it is received. A notice is taken to be received:
but if the effect of paragraphs (a) – (e) above is that a notice is taken to have been received before 9:00am or after 5:00pm, or on a day which is not a Business Day, then the notice is taken to have been received at 9:00am of the next Business Day.
There are no other representations, promises, warranties, covenants or undertakings between the parties and this Agreement supersedes all previous agreements in respect of its subject matter and embodies the entire agreement between the parties.
A provision of or a right created under this Agreement may not be waived except in writing signed by the party or parties to be bound by the waiver. No single or partial exercise by any party of any right, power or remedy under this Agreement will preclude any other or further exercise of that or any other right, power or remedy. The rights, powers or remedies provided in this Agreement are cumulative with and not exclusive of any rights, powers or remedies provided independently of this Agreement.
If any provision of this Agreement is judged invalid or unenforceable for any reason whatsoever by a court of competent jurisdiction, such invalidity or unenforceability (unless deletion of such provision would materially adversely affect one of the parties) will not affect the operation or interpretation of any other provision of this Agreement to the intent that the invalid or unenforceable provision will be treated as severed from this Agreement.
You must not assign or novate any of your rights or obligations under this Agreement. You agree that PI.EXCHANGE may however assign or novate this Agreement at any time, with or without further notice to you.
The parties acknowledge and agree that no rule of construction applies to the disadvantage of a party because that party was responsible for the preparation of this Agreement or part of it.
This Agreement will be construed in accordance with and will be governed by the laws in force in the State of Victoria, Australia. Each of the parties irrevocably submits to and accepts the exclusive jurisdiction of any of the Courts of the State of Victoria, Australia or the Commonwealth of Australia and any courts of appeal from these courts.
In this Agreement, the following terms will have the following meanings, unless the context otherwise requires:
In the interpretation of this Agreement, unless the contrary intention appears:
Last updated 8th August 2017.
The type of PII we collect depends on your relationship with us, as follows:
Public: if you submit a query via our online ‘contact us’ form, or otherwise email or call us, we may collect your name, email address, phone number, address and location.
Data Owner Registration: when you register via our App as a Data Owner, we will collect your name, password, address, email address and phone number. We also collect PII necessary to provide our services to you, such as your date of birth, health information and payment details.
Data User Registration: when you register via our website as a Data User, we will collect your name, address, phone number, and account details for billing purposes.
We collect your PII as part of us offering or providing our products or services. This includes when you provide us your PII via our website (including subscribing to our newsletters or become a registered Data User or Data Owner), when making purchases via our website, during phone calls, or when making customer enquiries.
Generally, we collect your PII directly from you but may also collect your PII via third party applications such as FitBit or other smartphone or web based health Apps (with your consent). We may also collect PII from publicly available sources (such as websites and directories), and from other people or organisations (where you have given consent for them to do so).
We need your PII to provide you with our products and/or services which includes informing you (including by direct marketing) about our products and/or services, creating and updating our database(s), ensuring compliance with our contractual and other legal obligations to you, and generally administering our relationship with you including by responding to your enquiries (Main Purposes).
If you do not provide us with your PII we may not be able to carry out some or all of the Main Purposes.
By submitting your PII to us, you consent to us using it for the Main Purposes or any purpose that could be reasonably expected at the time your PII was collected and this might include providing you with or improving our products or services, sending you direct marketing about our products or services, managing our relationship with you, sending you electronic newsletters and surveys, monitoring how you interact with us on our website or other contact points, helping you to complete an activity that you have chosen to undertake, or doing some other act that we are required or authorised to do by law.
We may also use your PII:
We may also disclose your PII to other businesses with which we are associated or affiliated.
We will, if practicable, allow you to use a pseudonym or to not identify yourself (unless this is impractical or against the law (including the Australian Privacy Law).
In some instances, if you do not provide us with certain PII we may not be able to provide you with the relevant product, service or information. This may have an effect on whether we can continue any ongoing contract or projects with you or allow you to participate in other activities (such as surveys).
Generally speaking, we may disclose your PII to suppliers and agents in order to assist us in providing our services to you. Some of our service providers, or the services they provide (like cloud-based storage solutions), may be based outside of Australia. This could include places like Europe, Asia and the US. In order to protect your information, we take care where possible to work with service providers who we consider maintain acceptable standards of data security compliance, and we do our part to meet those standards as they apply to PI.EXCHANGE.
We may also disclose your PII in other ways with your consent or as required by law (including the Australian Privacy Law).
We take all reasonable steps to keep the PII we hold secure and to ensure it is protected against misuse, loss, unauthorised access, modification or inappropriate disclosure. We may hold PII in both hard copy and electronic forms in secure systems accessible only to authorised personnel.
You can access your PII subject to certain limitations under the Australian Privacy Law. If you would like to access or update your PII, please contact us on the details set out below. In most cases, a summary of your PII is available free of charge.
We encourage you to contact us to update your PII to ensure it is accurate, current and complete. We will take reasonable steps to process your request.
To protect all PII held by us, we may require you to confirm your identity before access to your PII is granted. If necessary, reasonable costs may be charged to you in accessing your PII, subject always to the Australian Privacy Law.
You may contact us using the details below to complain about a breach of the Australian Privacy Principles. We will review all queries and complaints received and respond to each query/complaint upon due consideration (which may require further information to be provided).
We can be contacted via:Post: Level 8, 350 Collins Street, Melbourne VIC 3000, AUSTRALIA
Last updated 8th August 2017.