When Mydex came into being in 2007, its founders made a number of important decisions. These decisions are what make Mydex remain unique even in today's blossoming personal data ecosystem. It had to be free to individuals for life, the data had to be under their control, and Mydex as a company had to be self-sustaining and protect its core values. These prerequisites guided the evolution of Mydex: a Community Interest Company, a Social Enterprise and its range of trust platform services for citizen controlled storage and exchange of personal data, identity and engagement, in a safe, secure and easy manner. We are working to improve outcomes for individuals and organisations alike.
It was vital to us that a Mydex Personal Data Store and MydexID could be with you for life. This meant putting safeguards in place to preserve the integrity of the company, and ensure that the business model could sustain itself. This led us logically to create Mydex as a Community Interest Company the 'CIC' in our name. The most important elements of being a CIC are as follows:
To see more about our business model and how we sustain ourselves, read our page 'Sustaining Mydex'.
We, the undersigned, declare that the company will carry on its activities for the benefit of the community we serve, which is made up of individuals in all contexts of their lives. The company’s activities will provide benefit to individuals seeking to better manage their personal data by helping them assert greater control over how this data is used by organisations and realise the potential value of this data. Mydex CIC provides personal data management services and a safe, secure and convenient means for individuals to electronically share information with chosen organisations.