DataBlock How it works

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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 or list owners, managers and brokers is inefficient and often ineffective, costing businesses unnecessary time and money.

With the market for advertising reaching $591 billion in 2017 and $209 billion of it dedicated to digital advertising, the need for accurate data is only growing. Data is the backbone of the marketing boom, and DataBlockChain.io has the capability to be the category killer.

What Is Data Blockchain?
DataBlockChain.io is a revolutionary data platform that stands to disrupt the way that companies and individuals gather premium data. Their 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.

DataBlockChain.io strives to provide a robust interface between the users and the data sources. They will create a single-point solution that will eliminate the need for multiple data vendors and layers of list managers and brokers that create inefficiency in the marketplace. The backend systems will ensure full confidence in data quality for the end user as well as transactional finality for the data providers.

What Data Blockchain Offers?
Empower: Empower data source providers to monetize their data and capitalize on the demand in the market.
Transparency: Their blockchain approach provides data providers with full transparency, traceability and auditability, overcoming many of the hurdles data providers currently face in the existing marketplace.
Confidence: The company’s vetting and grading system for data will build confidence between the end user and data sources.
Verified: Give business and consumers quality, verified data.
Simplified: Give end users a simplified, easy-to-use interface with a quick and secure payment system.
Technology: A robust interface between the business or individual and data sources.

Advantage

AI Finds Data Faster than Ever: A data firm needs to be able to sift through large amounts of info and extrapolate what is required from it, and few things on this earth are better at doing that than computers. The use of AI allows Data Blockchain to improve their efficiency over other companies.

Blockchain Creates Transparency: At the moment, most data firms are hampered by the complete lack of trust that exists in the information industry, and the blockchain provides a solution to that. With the added transparency of this technology, firms will have no choice but to cooperate or to sink alone.
The democratization of Data: Instead of only the filthy rich being able to afford information, Data Blockchain hopes to make it slightly more accessible to smaller companies and even individuals who need it. Instead of the ultra-competitive market that exists in the info industry today, Data Blockchains advanced may be able to open it up a little bit.

Disadvantage

Large Investment: A massive undertaking like Data Blockchain may look incredibly promising, but they always have to be careful that they don’t crumble under their own weight. Ambitious projects like these need to be able to rake in investments as soon as possible, because they will burn through their startup capital quickly

ICO Information
Website: https://www.datablockchain.io/
White Paper: https://www.datablockchain.io/pdf/whitepaper.pdf
https://t.me/dbcio
https://t.me/joinchat/Ho-YFg8O26hIutf7R8A8BA

Fundraising Goal: Soft cap: 10 million USD Hard cap: 50 million USD
Accepted Token: ETH

DataBlock How it works | Ecency