Stuffing the internet today, I came across a promising project and decide to write an article about them. Datum project, they are proposing something very unique that will change the way we view are data. You won’t be wrong after reading this article and say, they are adding value to our data, cos that is exactly what they are doing.
Datum network, they propose to create a platform that will ensure our data is worth a huge value. That is to say, instead of you to share your data free on top network like Google and Facebook and won’t get anything in return, its best you join their platform and get paid for sharing you data.
Even though you can still decide to give it out free in the Datum platform as you have complete control over your data. Here are some of the control features in the Datum platform you can archive over your data.
· You can Share with specific, identified and known data consumers.
· You can also Share with specific, identified and known data consumers for a minimum fee.
· The feature to Share with everyone is also available.
· They didn’t stop at that, as you can Share with everyone for a minimum fee.
They are trying to endure you chose who and how you want to share your data. Some of their privacy control in the Datum platform include.
Control the use of your data
Secured and infinitely scalable data storage
Monetization of Datum Data
Their app is available on android store and apple store for download. And they have thousands of ratting on the Datum app.
On the user side. Here is a brief of how it works.
The Datum platform User will submits a bit of information to the datum Network with the consumer package option. The user will have to pays gas to submit the information. because these information he want to submit is encrypted, and solely the user will provide a secret writing key to all or any the interested parties.
A Storage Node receives the information and stores the information. the information is replicated to many alternative storage nodes.
Next is a client declares interest to get the piece of information.
The Datum platform Users receives a notification about purchase request with the main points like customer and price offered. He will authenticate the purchase request or reject depends on what he wants. This will make the proposal to be successful or modified.
The User accepts the proposal, the user receives DAT Tokens and therefore the secret writing key is sent to the information client who pays in DAT Tokens.
Easy isn’t it? The team created the Datum platform with a friendly UI. And made the system easy to use and understand.
looking at the team, you will find out the CEO of Datum platform; is a Tech Wizard & Serial Entrepreneur. he have over 17 years experience in big data systems. Co-Founder of StockX, SwissInvest, PCP.ch and Kosi. this will give you an insight of how amazing this platform will turn out to be. for this reason, it will be a wise choice you download the Datum app now and join them as the completely launch their main net.
Bounty0x Imparable
https://datum.org/assets/Datum-WhitePaper.pdf
This article was created in exchange for a potential token reward through Bounty0x
