Scott Hirsch an internationally recognized expert in digital marketing together with his team of top-class data industry executives with decades of experience working in the data and technology industries noticed the big problem businesses are facing nowadays which has to do with getting and keeping customers, and all of which boils down to acquiring important data that will help them sell their product or services to clients who will desire it and pledge their long term loyalty to the business because their needs are being satisfied. Though the data industries today have been trying their best in this regard but their inefficiency have cost lot of businesses waste of unnecessary money and time as the need for data becomes more essential and its sources becomes ever more scarce, in just 2017 alone the Global advertising recorded a revenue of $591 billion with $209 billion reserved for digital advertising giving rise to the fact that Data is the foundation of digital marketing. And they have been working tirelessly to assist data source providers to provide access to their data and make money from it, also provide total transparency to data providers so that they can trace the source of the data which will build confidence between the end user and the sources of the data to give businesses and customers verified quality data with an easy to use interface and quick payment system. To achieve these goals they have come up with the DataBlockchain.io, in association with Media Direct.inc as the solution to these problems.
The need for DataBlockchain.io
In this present time any business searching for a particular data that suits its need and customers will have to spend long needless time and money to locate such sources, bargain with them and set privacy standards for transferring of the data, which has made it almost impossible for small and medium scale enterprise to be part of the data market arena and even for big businesses who are already there, it reduces the quality of their data records and its duplication. Yet some have tried to regenerate income from datasets that already exists and monetize them but this process comes with its own difficulty which has to do with integrity and accountability, since owners of data hardly trust outside organizations to manage, keep or monetize their data, and the security of the storage system. Also another challenge with it has to do with the money and time it takes to create data cards and collaterals so that data owners can make money from it.
To make it possible for data owners and data buyers to make profit from data, DataBlockchain.io is working hard to remove the inefficiency in the data market system and help provide an open and transparent audit into the use and payment of data that will no longer require the service of middlemen. Little wonder finance industry, automotive, education, blockchain, health and fitness, travel, political, military and government have shown desperate need for this type of data and transparency provided by DataBlockchain.io. Having a unified user interface built to help search for different sources of data records that fits their search query parameters with each query holding billions of records and hundreds of sources, while at the backend track of all sources used in providing the data for the organization will be kept, calculated and issue payments to all sources involved based on the licensing agreement with the agents. This immediate payments is made through the DataBlockchain.io cryptocurrency (DBC coin) and therefore do not require bank transfers, manual invoices or authorization but for the sake of transparency Ethereum based Blockchain will be used for managing records, payments and invoicing.
TECHNOLOGICAL ADVANTAGE
A transparent source Smart Indexing Engine (SIE) is being used by DataBlockchain.io to sort out and arrange all sources of data and give confidence score on the sources as seen in the picture above, this is done not just once by the engine but regularly as scores are being updated. To provide an ever changing quantitative analysis the artificial intelligence in the smart indexing engine arranges each of the discrete values and to adjust score it periodically run performance evaluations and also make use of past performance modifier which takes into account the time frame of the data, the speed of the data source, the volume of data available, the quality of the data based on the source metrics, the attributes available, in agreement with other data sources and validation of a sample population, giving higher preference to the data source with the highest scores as long as query parameters are observed.
Because Blockchain is a secure transaction ledger database that most computer network has accepted and had been using since its records cannot be hacked, DataBlockchain.io makes use of this Ethereum Blockchain and Smart Contracts for payments and transactions.DataBlockchain.io supports Smart Contracts for transactions, payments and auditing while the Ethereum Blockchain supports DataBlockchain.io to make compound payment contracts to different data sources, which makes already existing data sources put strong faith in the transactions and payments.
Transaction history includes data sources that are already used, derived records from each of these sources and payments made to these data sources. And to store the finished transaction record DataBlockchain.io makes use of IPFS which gives Data Providers the chance to reevaluate their transactions to check data usage and payouts. They can also see a total breakdown of their transactions using a management UI provided by DataBlockchain.io.
WALLET AND TOKEN DISTRIBUTION
Just a few persons have the idea of the use of utility tokens which requires understanding of Exchanges, Ethereum, Wallets and token Exchanges. This difficult process include; creating an Ether wallet that has access to the main Ethereum network, and then using an exchange to purchase Ether which is stored in the exchange wallet and transfer the Ether from the exchange wallet to the user wallet, now at this point a critical understanding of Smart Contract is needed since the individual will have to find the token sale for DBCCoin and transfer Ether using a smart contract to exchange for the DBCCoin and then he can purchase whatever he wants with the DBCCoin. All of these processes can be very difficult for a user who is new to the system but thankfully that DBC wallet have made these complex process easy to use on the DataBlockchain.io with just a few clicks as shown in the diagram below;
Therefore a client just needs to sign up with DataBlockchain.io and create a profile as he installs the DBC wallet then use the DBC wallet to buy Ether using different exchanges or exchange Ether for DBCCoin token, then the client create a query request for the data they and are provided with a data count and price, on which he can purchase the data paying through his DBC wallet and the Data source Provider receives the payment in DBCCoin which they can convert Ether or US dollar.
Out of the 870 million token produced 60% (522,000,000) will be sold and 25% (221,100,000) will be for team and advisers, while 12% (105,900,000) will be for exchange/reserve and 1.15% (10,000,000) twice going for bounty campaign and air drop/ marketing respectively.
CONCLUSION
DataBlockchain.io is one of the best investments in the world of cryptocurrencies right now on the planet as it already has over 300 million customers and 16 million businesses to it name with over a billion records, partnership with lots of reputable firms and institutions makes it almost infallible. Therefore we employ you to carefully read this article and be part of this ever expanding business opportunity that is both user friendly and high with profit.
For more information visit:
Website: https://www.datablockchain.io/
Facebook: https://www.facebook.com/datablockchain/
Twitter: https://twitter.com/DBC_IO
Medium: https://medium.com/dbc-io
Telegram: https://t.me/dbcio
Written by Cryptowin1
Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=2068163
ETH: 0x145d630dE9593a0CA2bB7766e8ED32ff84a89226
