DATABROKER DAO: A PLATFORM FOR IOT SENSOR DEVICES
Every year IOT demand is increasing. About 9 billion sensors were available globally in 2016.Amost all industries are taking interest in IOT sensors in order to improve and enhance the connectivity. However, this market is expected to boom up to 33 billion in 2019.This is really once in life opportunity as there is big scope.
The system of DataBroker DAO is decentralized based on Blockchain. It aims to unlock the true potential and intends to monetize IOT sensor data. But it’s a big challenge for DataBroker DAO.
HOW IT’S A BIG CHALLENGE?
IOT sensors cost a lot however the industries required these sensors are compelled to purchase in order to run their system smoothly.
In IOT data is locked in silos and its not possible to monetize the whole data
Now doubt IOT industry is growing rapidly however there is need to build proper infrastructure.
HOW DATABROKER DAO WILL OFFER SOLUTION TO THE PROBLEMS?
DATABROKER DAO will use smart contracts based on ETHEREUM network and it will provide lots of opportunities to industries. Sensor owners will generate revenue from generated data. DATABROKER DAO will be linked to secondary market for IOT is referred as for eBay and amazon
Sensory owners will directly monetize their data to generate passive income and substantially their cost will decrease. About 80 percent of the received amount will be paid to sensor owners while they will have to pay small fee to put sensor on their platforms.
Data buyers and data processors don’t have to need to do investment on hardware as they will receive data as services. The major advantage for data buyers is that they will have access to data that could lost in data of silos of sensor owners. Through gateway operator’s data flow to DAO. They also get immediate payment for each sale happen within the platform and the get 10 percent of the fee. DAO takes only 10 percent of all funds in order to cover the cost of the platform.
DATABROKER is capable of revolutionizing all sectors based on IOT. The basic aim of all sectors is to improve the efficiency of whole process to reduce the cost. DATABROKER presents these all sectors great opportunity to enter to use advanced decentralized technology. This project is appealing for all sectors as Transportation, manufacturing and natural resources, smart city initiatives, agriculture, utilities and government sector.
BASIC INFORMATION OF DTX TOKEN.
DTX: ACCEPTED CURRENCY ETHEREUM (ERC20 COMPATIBLE)
TOTAL TOKENS: 225,000,000
HARD CAP: 9400 ETH
1 ETH: 4000DTX
IF YOU ARE INTERESTED TO GET FURTHER INFORMATION VISIT THESE LINKS
WEBSITE: https://databrokerdao.com
MEDIUM: https://medium.com/databrokerdao
BITCOINTALK: https://bitcointalk.org/index.php?topic=2113309.0
BOUNTY THREAD: https://bitcointalk.org/index.php?topic=2909180.0
GITHUB: https://github.com/DataBrokerDAO
REDDIT: https://www.reddit.com/r/DatabrokerDAO
TELEGRAM: https://t.me/databrokerdao
FACEBOOK: https://web.facebook.com/DataBrokerDAO
TWITTER: https://twitter.com/DataBrokerDAO
WHITEPAPER: https://databrokerdao.com/whitepaper/WHITEPAPER_DataBrokerDAO_en.pdf