Introduction:
In the era of technology and innovation, whenever we deal with any company or individual at some point of time data come in between that. Data is one of the most important factors for anyone who is involved in the market. Moreover, there are many new ways are evolving which is making the data safe and reachable to the person who needs it. One of the involvements in data market is of sensors, which are helping to make the data safe and secured. The global market for sensors has increased tremendously including the installation, maintenance of the sensors and addition of software packages so that a healthy modification will be done on the enrichment of data. The data which are the output of this system is used by its owner or enhanced with more features and resell it.
There are billions of industries, individuals, companies, researchers, and government who spend lots of money in order to buy and maintain IoT sensors. The growth of application and investment in IoT is increasing with each passing day but still, all data are captured by these devices and locked in a closed box or silos.
On the path of data to silos, it travels down from gate operators like telecom companies, network, and even the sensor manufacturer's control panel. The data which should be private and secure is nowhere in this process. Thus such solution is needed where the safety and security of the data is the primary concern.
Thus to help the industry of data the platform of 'Databroker Dao' is evolved. With the involvement of this platform in the data industry, it aims for converting incredible ideas to value-added services.
Solution offered by Databroker Dao
Databroker DAO is the very first marketplace based on blockchain technology, where the connection of sensor owner with the purchaser will be done directly without any involvement from the third party. This platform will utilize the existing infrastructure of telecom providers for operating sensors connectivity based on SigFox, GSM, LoRa or via the gateway of sensor owner. Precisely, the Databroker Dao can be linked to a secondary market of an IoT sensor data which could be very beneficial for the data industry.
To move the data from local to global marketplace the platform of Databroker Dao has implemented an innovative chain of gateway operators worldwide. This features grants access to the global market for the data. Moreover, anyone in the world could buy the desired data from the platform, thus it is making a global market for the local people.
The people who are involved in the Databroker Dao functioning are
- Sensor owner
The key role of sensor owner in this platform is to sell the data from their sensor on the platform.
- Data buyers
They are those stakeholders on the platform who will buy the data from the sensor owner via the functionality offered by the platform.
- Data processors
They are those data buyers in the market who purchases the data from the platform and doing the further modification and adding some more data to it, they resell or handle the purchased data to their client.
- Gateway operator
The key functionality of a gateway operator is to enable the gateway for the sensor owner so that they will be able to sell it to the data buyers.
The following are the advantages which id offered by the Databroker Dao platform
- Reduce sensor costs
- Convert expenses into investment
- Gain access to millions of sensors
- Monetize the data
ICO details for Databroker Dao
The name of token which is associated with the Databroker Dao platform is 'DTX'. The total supply of the token is 225,000,000 DTX. The total number of tokens which is available for sale is 108,000,000 DTX. The value of 1 ETH is equivalent to 4000 DTX. There is an offer for the early birds on purchasing of tokens. The pre-sale of the token will start from 19th March 2018.
Conclusion
With lots of innovation and development around the world, the need for data is increasing day by day. Moreover, thus the improvement is needed in the world of data industry so that it could be made reachable to everyone in the most efficient and reliable manner. The technologies which are associated with the platform of Databroker Dao make it compatible with the upcoming changes in the marketplace. Thus Databroker Dao has a huge scope in near future.
For more details visit:
Website: https://databrokerdao.com
Whitepaper: https://databrokerdao.com/whitepaper/WHITEPAPER_DataBrokerDAO_ENG.pdf
Btalk ANN: https://bitcointalk.org/index.php?topic=2113309.0
Telegram: https://t.me/databrokerdao
Blog By: Ollivander7
Btalk profile: https://bitcointalk.org/index.php?action=profile;u=1069616