Technological advancements and innovations had brought about the creation of innovative ideas and have hone ahead to bring about ease and convenience to internet users. Since the invention of the internet, individuals, organizations, schools and many other institutional platforms have made use of it in running third daily activities e.g registration and others. The internet comprises many components, which aids users in using the internet and coming up with the desired result. To use the internet, one has to possess data, the data is like key unlocking restrictions to the use of the internet. These data are sold by large organizations who deal on data, and internet users buy from them in proportion to the amounts they have a need for. It has been observed that users of the internet most times lose their data to organizations who disguise as service providers, and this they do by publishing unauthorized adverts on the user's phone screen, and the user sometimes mistakenly clicks on it. Over the years there has not been any institution that has been able to provide 100% security to users, allowing this menace to continue, making it a major challenge that users have to face and battle with. The invention of the Datum platform has ushered in a new era of absolute data protection, by offering users 100% protection for their data and what's more, control over data is returned to the user, to do as he or pleases with their data.
OVERVIEW OF DATUM
The Datum network allows any individual to store up structured data securely, in a way that is decentralized using a smart contract blockchain. The Datum network comes up each day with up to 2.5Quintillion bytes of data, and about 90% of the data used worldwide had been created two years ago, that's really fascinating. Individual organizations had produced or rather created data, and the data they produce are such that are used for browsing the internet, and participating in any and all of the social media networks available. These data are owned and stored by private organizations in huge data silos, where it is vulnerable to selling, Tampering, extraction and other forms of exploitations. The person who actually originates the data, most times loses control over its very own data, while trying to sign up to social media accounts that offer untrue free services in exchange for exploiting the user's data. Examples abound, for instance, the Google Gmail, while trying to read your emails, it also shows ads alongside, and these ads cost data.
All of the data exploitation is bound to come to a halt, as the Datum platform proposes a network that will be running on a secure smart contract blockchain that gives its users privileges of gaining back their control over their data, a control they once lost to centralized data platforms. The data are not just personal ones or the habitual kind of data they create daily, but this data is also from the (IoT) devices that they are in charge of. To be able and efficient in offering good quality services to its clients, the Datum platform had the following key elements to work with :
the data marketplace, this enables users to store and share data, their own data based on their own terms.
DATUM STAKEHOLDERSSTORAGE NODES
DATA CONSUMERS
DAT TOKEN HOLDERS
DATUM: THE DATA NETWORK
The Datum has a lot of data related problems and challenges that it solves, they are listed below :
- Data storage: under this, we have the following :
a. Decentralized: not controlled by a single party
b. Secure: encrypted at source and immutable
c. Performant: i. Latency ii. Throughput
a. Functionally Rich
i. Able to query
ii. Able to search data
- Marketplace
a. Request data
b. Bid for data
c. Sell data
STORAGE NODES
The storage nodes, need three resources to be really efficient in its storage of data, they are :
- Computer power
- Storage capacity
- Bandwidth
TOKEN DETAILS
Role of token: Payment rights
Token supply: 3 billion
Emission rate: No new coins created
Blockchain: Ethereum
Consensus method: Proof of Work
SUMMARY
There is no better news for internet users than that of the invention of the Datum network. The Datum network has not only provided data at obtainable prices but goes ahead to protect users data from any form of theft or exploitation, allowing users utmost enjoyment of their owned data, also it gives back control to the users to do with their data as they please. It couldn't have gotten any better.
TEAM
ROADMAP
DATUM WEBSITE: https://datum.org
DATUM WHITEPAPER: https://datum.org/assets/Datum-WhitePaper.pdf
DATUM TELEGRAM: https://t.me/datumnetwork
WRITERS DETAILS :
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