What is IoT sensor data?
IoT sensor data can be described as data used by various electronic devices as simple as a thermostat to complex devices like motor vehicles, industrial plants and machineries.
These data aids communication in these devices leading to their ability to control intricate procedures. The sensor data market has witnessd a huge growth on yearly basis, but billions of these sensor data owners engaged in buying and selling are faced with lots of challenges such as avsence of faster means of trading their sensor data, lack of a secure ecosystem with cheaper transaction service with the highest degree of security and transparency.
In light of these issues , some blockchain enthusiast with with enormous knowledge in the sensor data industry have come up with the best solution for trading IoT sensor data, a peer to peer marketplace where these data can be traded in a decentralized manner in a more secure ecosystem and cheaper transaction cost.
INTRODUCTION TO DATA BROKER DAO
DATA BROKER DAO is a global peer to peer marketplace under development to enable its users to trade IoT sensor data. Users of this platform will be able to have access to quality IoT sensor data on a global scale. The platform is built on ethereum network and it utilizes the power of blockchain technology and smart contracts to seamlessly create a safer and transparent ecosystem for trading sensor data. In order for users to have access to this IoT sensor data, they must acquire the platform native cryptocurrency as this token will be used for payment of services on the platform.
TOKEN SALE DETAILS
Ticker: DTX
Type : utility token
Start Date : April 26th, 2018 4PM CET
Pice per token: 1ETH = 4000 DTX
End Date: May 26th, 2018 4PM CET
Bonus: Day 1: 10% bonus
COMPETITIVE ADVANTAGE
DATA BROKER DAO is not the first to come up with a solution to monitize IoT sensor data, other projects too have come up with a similar solution for trading IoT Data but in order for DATA BROKER to stay ahead of its competitors, they have come up with the following strategic advantages over existing platforms
- Ensuring that their platform goes live this year in order to immediately cater for the sensor data industry
- Ability to work with competitors in a seamless manner in the nearest future
3.Creating an avenue to easily have access to data locked in silos by organisations which are controlled by the sensor owners.
Conclusion
For every project to survive and achieve its objectives, the team behind it must have relevant knowledge and a lot of experience of the industry and that is exactly what the team behind this project has. This project will do well as the partners incorporate blockchain specialists, crypto lovers, and different technocrats who have faith in the ability of blockchain, this is one ICO every smart investor will want to invest in. the project is huge and has great potentials. The team is up and doing and with the level of engagement and progress the team has achieved so far, I believe they will deliver
For more information, visit
Website:https://databrokerdao.com
Telegram: https://t.me/databrokerdao
Whitepaper: https://databrokerdao.com/whitepaper/WHITEPAPER_DataBrokerDAO_en.pdf
Ann thread: https://bitcointalk.org/index.php?topic=2909180.0
My bitcointalk profile link:
https://bitcointalk.org/index.php?action=profile;u=1708600;sa=summary
my bitcointalk username: sparklins4u