DATABLOCKCHAIN - DATA AND TECHNOLOGY ON BLOCKCHAIN

Good day everyone,

The 21st century will forever be remembered for the invention of the two most technological advancements which are internet and blockchain. Their importance are so enormous that they are now part of everyday life.

Blockchain is a secure transaction ledger database that is shared across a distributed network of computers. Blockchain uses state-of-the-art cryptography to keep transactions secure. The ledger stores immutable records and cannot be hacked. The Blockchain adds trust across transactions.

BLOCKCHAIN enables everyone to access a higher level of decentralization and privacy further to giving them the ability to build up and enjoy a completely new ecosystem.
The data industry today, even with the rapid growth is faced with a lot of problems, below are some of the problems

data management : one of the biggest challenges that companies face with big data is understanding how to manage the large volumes of data, organize it properly and then gain beneficial insights from it.
Compliance : There are currently a number of regulatory restrictions that are impacting the effective use of big data.

Risk of data : When it comes to analysing big data, if companies do not understand the data, and misinterpret it, then they risk generating unreliable results. “One of the biggest risks is the storing and subsequent future analysis of unstructured data in a way that generates flawed results.

data Security : Data theft is a growing area of crime, and as shown in recent high-profile hacks, the bigger your data, the bigger opportunity it presents to hackers. Because of this, companies need to make sure that customer and client personal data is secure from external threats, as well as ensuring that the sensitive information that they have is protected from internal threats. Companies that fail to comply with data protection laws could also find themselves footing the bill for expensive lawsuits or time in prison.

In this post, I’ll be introducing you to a blockchain platform which solve the aforementioned problems.

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DATABLOCKCHAIN – BRINGING CRITICAL INFORMATION TO THE WORLD.

The data industry today is both complicated and highly fragmented offering a confusing number of choices to businesses desperately in need of this critical information. The existing data marketing ecosystem of data / list owners, managers and brokers is inefficient and often ineffective costing businesses unnecessary time and money.

DataBlockChain.io is a revolutionary data platform that stands to disrupt the way that companies and individuals gather premium data. Our product will democratize data, making it more readily available and less expensive than the current methods of data gathering and vetting. The result is that clients can access specific data sets in a cost-effective and transparent way, collecting exactly what they need without paying for extraneous data. We will merge our own proprietary data with many of the world’s largest databases ranging from government data, industry specific data, voting records, business to business data, property data, credit bureau data, etc. to create a comprehensive variety of data sets valuable to individuals and businesses looking to both attract and retain clients. DataBlockChain.io removes the middlemen in the data industry that tend to drive prices up and cause inefficiencies, no order size will be too small to fulfill. This opens up an untapped market of potential clients on a global stage.

DataBlockChain.io has already obtained over one billion records on over 300 million consumers and sixteen million businesses. Our in depth consumer and business proles contain hundreds of valuable demographic, psychographic and rmographic attributes that our Smart Indexing Engine (utilizing AI/ML for Predictive Analysis) will evaluate to provide our customer the precise data

While BigData has traditionally been available only to big companies, DataBlockChain.io lowers the barrier for entry and expands our potential client base to include small, medium and large businesses around the globe as well as Token Sales seeking data for their new ventures. DataBlockChain.io will collaborate with a network of diverse data partners contributing billions of data points from thousands of sources. DataBlockChain.io will manage and help monetize their data helping those data partners reach a broader global audience of potential customers.

DATABLOCKCHAIN has been rated positively by a lot of cryptocurrency experts

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TOKEN INFORMATION

DBCCoin is an ERC-20 Token (with ERC-677 functionality) that is implemented on the Ethereum blockchain. DataBlockChain.io utilizes Smart Contracts written in Solidity for transactions, auditing and payments. The DBCCoin tokens will be used for transactions on DataBlockChain.io and be used to remunerate Data Providers. The DBCCoin token will also function as an essential marketing tool for DataBlockChain.io as it will serve as the basis for the Rewards Program as well as incentivizing partners through a Promotion Program. These functionalities will be fully supported in the Smart Contract using Solidity.

DATABLOCKCHAIN ROADMAP.

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