A system, in which information is the primary asset and in which
investments may be made in information, includes multiple data stores for
storing different types of a user's information. The safe, secure and
properly authorized transfer of information while preserving individual
privacy is provided. The system also provides for secure backup and
storage, as well as for ubiquitous and nomadic access to information
while maintaining the privacy of such information. A first data store
includes static identification data about a user. A second data store
includes moderately dynamic personal data about the user. A third data
store includes dynamic demographic information data about the user. An
electronic wallet can be used with the system to download selected
portions of the data for use by the user. A method of use of the data
includes using the data for billing out forms, providing services to the
user and allowing merchants to selectively target users for sales while
maintaining user anonymity.