This is a blockchain project that aims to give citizens all over the world the keys to their own data. With data breaches becoming common place and misuse of users private data by corporations, social media and government institutions of users private data running rampant, many have simply had enough.
In their proposed solution PILL would act as a locker. Users can store their information in a wallet, and then retain access to their own private key. While applications could then request to use certain data, that data can be revoked or changed at any time at the discretion of the user.
It's likely that the need for privacy in the future will force a service such as this to exist. As citizens worldwide become more aware of the way their private information has been mistreated and identity theft and fraud increase, it becomes apparent that a Pillar investment might be a great step forward for reclaiming these rights.
The application is capable of storing any information that may need be protected like names, addresses, credit card numbers, phone numbers or other items you may wish to regain control of. All of which is shielded by high-level encryption.
Investors have the ability to buy Pillar on several decent volume exchanges. While most of the very popular options are absent here, there is still ample trading volume to make fast and efficient trades. Bitcoin and Ethereum are most viable trading pairs available, and it's likely that you'll be able to utilize either for your exchange.
This is an ERC20 token, and as such, you'll need to store it in a compatible Ethereum wallet for safe keeping. There are a ton of reputable wallets which will work well for this purpose, however, if you need to acquire one then a few fan favorites include My Ether Wallet, Coinomi's mobile wallet option, hardware wallets such as Ledger or Trezor, or MetaMask for web browsers. Be sure to immediately back up your wallet file or seed when you get a new wallet.