pricing transparency for variable priced services (comcast, gyms, etc.) could be very empowering for consumers. crowd-sourced fraud detection seems pretty interesting as well. and of course, discovery elements...
I don't deny that amongst the buried millions of transactions this system will most assuredly generate, some minute fraction may actually benefit somebody by showing Comcast shenanigans or something. But... at what cost?
Sure, consumers might get some small amount of "empowerment", and all it took was handing large amounts of empowerment over to Blippy and whatever "affiliates" they sign with next month. Wow, what a deal!
There’s also the potential to have private accounts that maybe a businessman would only share with his assistant to let them know what’s being purchased and explain things a bit better in the comments. Again, yes the idea is controversial, but there are a lot of interesting things that could come of it, if people are willing to be this transparent."
Owning this data is valuable.