Datum Gets Listed On KuCoin. Should i invest?
Information about– Datum Network, The Decentralized Data Marketplace (Datum)
The Datum network using smart contracts on a decentralized system puts data owners in charge of their own data enabling them to set rules surrounding privacy, buying, selling and sharing of data.
Daily 2.5 Quintillion bytes of data are created equating to stored data growing 4x faster than the economy of the world. The Datum network will use smart contracts on the blockchain to allow users to be in charge of all their data whether internet browsing, interacting on social networks, the upload of personal files, device syncing, and of course online shopping.
Under the current system control of data is owned by private organizations and is stored in data silos that may or may not be secure. This leave the stored data susceptible to being tampered with, extraction, selling, or other exploitation. Datum will shift the control to the data owner using the DAT token which will enable data storage and sharing on a decentralized network. Individuals will be able to monetize their data and all sharing will be paid for using the DAT tokens. This concept could lead to providing a universal basic income to all individuals willing to share their valuable data.
Datum will bring together data owners and users and enable them to exchange and store data is a safe, and secure fashion while opening up opportunities for stored data to be used in many more applications worldwide.
Datum: Massive Potential!! REVIEW
For more information about datum :https://datum.org
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