INTRODUCTION

Datum network is a network that provides a safe place to store structured data using a decentralized way on a smart contract block chain, there is a Smart token involved Called DAT smart token that allows optional buying and selling of stored data and still making sure the data rules set by the owners are strictly followed. This is a platform that gives its users full control of their data not only personal data but data from the (IoT) devices they control.

Components of Datum

Datum provides a decentralized data storage center that runs on a smart contract block chain and also enables data sharing, it encourages owners to monetize data according to their terms, datum also has an infinitely scalable decentralized data storage back end that is provided by BigchainDB and IPFS, Dat token pays for all data storage and data sharing.
Problems of data storage

Major Aim Of The Datum Platform

We are in a world where by an individual gives up right to his own personal data an example is Instagram where a user gives up almost all rights to their image when posting it. Users are not given direct access to their data so they don’t have control of how their data gets used and shared.
The only person in the chain of data usage that doesn’t get paid funny enough is the person that provides the data and data is worth a lot of money.
Datum aims to solve the above problems by the following ways;
Once a user submits his or her data which can either be personal or business datum provides storage nodes that has compute power and storage capacity to store data in a decentralized network. This storage nodes are a part of the BigchainDB and any person that wants to access data is given permission by the user under his or her terms and it can be for free or a price can be paid. Datum token holders are the ones who govern the network and provides the grounds that allows transactions on the network.

User privacy

Every data on the datum network during encryption has been marked. The user which provides data are given ability to control how their data is to be shared or used by others, all these are controlled by the DAT token smart contract. Every users are given full control of their privacy settings and choose to share their data to anyone, they can disable sharing or share with specific and identified known data consumers also they can share their data for a fee , data can also be shared with everyone for free and for a price.
How the data is kept secured
Every data will be encrypted and protected using AES256-GCM with 256-bit key size for every 128-bit block, ensuring data is kept safe.

Conclusion

Datum is a network that provides a functionally rich environment that has the ability to query data also the users are assured of immutable data and a data that can be monetized, absolute anonymity also provides a secure and decentralized platform of storing data.

To learn more about this datum, check out the links below:
Website: https://datum.org
Whitepaper: https://datum.org/assets/Datum-WhitePaper.pdf
Blog: https://blog.datum.org/
Twitter: https://twitter.com/datumnetwork
Telegram: https://t.me/datumnetwork

Writer: cyrilokonkwo
BountyOx username: cyrilokonkwo
Email: cyrilokonkwo2014@gmail.com