OptOutCode – A Privacy4Cars Universal Opt-Out Concept

I opened the submission https://news.ycombinator.com/item?id=39752134 and it had the following banner: "Global Privacy Control detected. Want more privacy? Try OptOutCode"

Does anyone have more information about this opt out code and what it is supposed to do?

EDIT: Just found this PDF on their site with some more information about it, but I'm still not too sure if I want to change my device name

OptOutCode – A Privacy4Cars Universal Opt-Out Concept (optoutcode.com)