Introduction
The Internet of Things or IoT is a futuristic approach to making life for humans easier using wireless technologies and the internet to gather data using sensors and apply it in certain tasks that a human would normally have to do. This usually involves using a device fitted with operational artificial intelligence and programmed to analyse machine-generated data to give recommendations and suggest vital improvements on the object it is assigned to.
This object can be any device that has an IP address and is capable of transferring data over a specific network.
The IoT sensor can be used for a myriad of things like monitoring of traffic congestion by recording the movement of vehicles and pedestrians in an area while giving suggestive routes. It can be used to detect vibrational and material conditions of a house or building, a bridge or any architectural structure making it easier to monitor the health and usability of such structures. It can also be used in smartphones for detecting many other things using its sensors.
Databroker DAO
IoT sensors are very adaptive and efficient and it is because of this reason that many companies are relying in on its data gathering intelligence as it makes job operations more functional. Databroker DAO is a marketplace where generated sensor data can be purchased or sold by anyone. Using the decentralized technology of the blockchain, owners of IoT sensors can effectively monetize their generated data by selling them on the Databroker DAO marketplace to people who need them.
Conclusion
This is a truly amazing project because companies and individuals can make more money by selling the data acquired from their IoT sensors. Before Databroker DAO, these data are just stored away in silos after the company must have made use of them. There is no need to keep them stored away. Why not sell it to those who need it? This is the idea behind Databroker DAO. You can learn more about this wonderful marketplace for sensor data by clicking on the links below.
Website – https://databrokerdao.com
Whitepaper – https://databrokerdao.com/whitepaper/WHITEPAPER_DataBrokerDAO_en.pdf
Telegram – https://t.me/databrokerdao
Twitter – https://twitter.com/DataBrokerDAO
Facebook – https://www.facebook.com/DataBrokerDAO/
Bitcointalk ANN – https://bitcointalk.org/index.php?topic=2113309.0
Bitcointalk Bounty Thread - https://bitcointalk.org/index.php?topic=2909180.0
Author – Coltpython