Web3 Startup "Vin Protocol" Offers Survey Solutions with a Blockchain Approach

The data processing business has been plagued by security issues which have been commercialized for research and marketing needs. Win Protocol take a different approach by leveraging blockchain to revolutionize this business, as well as introduce the technology to use case wider.

This startup positions itself as a platform marketplace data based blockchain which functions to connect computer networks in a decentralized and distributed manner. As well as enabling transaction processing peer-to-peer (P2P) without relying on a single server. In simple terms, Vin Protocol is like Jakpat or Populix, which uses technology blockchain for collecting survey data from respondents.

Bring together data owners and buyers face to face

The company transforms the data business by utilizing a network of consumer and industrial data collection and processing systems. Data and insights generated is connected automatically in a marketplace that bring together data owners and buyers directly.

Co-founder & CEO of Vin Protocol Harryadin Mahardika explained, the platform can bridge usage blockchain, as well as the first step to transform the data commercialization process in various sectors, such as health, banking, retail, consumer goods, education, urban governance, and asset management.

The product of the Vin Protocol is Vin Polls in the form of an application intended for academics and business consultants who wish to commercialize data as a whole. They can also access an easy-to-use dashboard, so they can access their results and progress instantly real-time.

“The Vin Protocol and Vin Polls that we launched can be used by academics and business consultants to commercialize data online end-to-end, such as taking data, processing it into insights, and sell insights to buyers very easily and safely, by downloading Vin Polls on the Google Play Store and App Store or visiting website Vin Protocol," explained Harryadin.

According to him, the technology offered is capable of being a catalyst in encouraging the use of blockchain in the data and research business, thus facilitating the upstream to downstream process from collecting respondent data.

On the other hand, there is added value for the respondents in the form of points (Vin Points) which can be exchanged for daily needs, such as pulses, electricity tokens, and voucher spend every time you complete tasks and surveys. In the future Vin Points can also be converted to digital tokens.

The company ensures that the services provided are closely related to data and must have a high level of security, therefore high data security technology is needed. "All of our users don't need to worry and worry when using services and transacting on Vin Protocol and Vin Polls," added Vin Protocol Co-founder & CTO Oscar Karnalim.

Joint venture of Survey and Survein

The new Vin Protocol officially operates in Indonesia as of yesterday (22/11). This startup is a joint venture between two Indonesian data research firms, Survego and Survein. Survego himself is online research marketplace which brings researchers together with respondents directly with a transparent price scheme. While Survein is a platform for creating surveys, here, get advice, registration & data collection online for business.

Both are suppliers of survey resources provided by the Vin Protocol. Not only that, the company is also supported by a community called the Vin Army with more than 5 thousand respondents. Interestingly, the results of polls or surveys do not only come from respondents, but are also based on existing AI data in the blockchain ecosystem.

Before officially operating, Vin Protocol joined as one of the 13 startups selected for the incubator program Tokocrypto Sembrani Blockchain Accelerator (TSBA) in February 2022. TSBA is a program organized by Tokocrypto and BRI Ventures. According to company representatives when contacted DailySocial.id, Vin Protocol has secured $100k (Rp 1,56 billion) in pre-seed funding from angel investors who is not identified.