Datum is a blockchain based data management and marketplace system. Their goal is to make data a tradeable, safe commodity. As its website states “Data is the new oil.” Also, Datum has made an exchange for Ethereum, IPFS, and BigchainDB.
Datum provides a distributed and decentralized NoSQL database that’s based on a blockchain ledger. This technology allows for anyone to back up their structured data in an anonymous, safe, and protected way. Then, Datum gives them a marketplace where they can sell or share data at their personal discretion.
Personal data management is everywhere. For instance, we use social media for “free” by sharing our personal data. The social media networks sell this data to advertisers, earning them millions of dollars annually.
Datum solves this problem by giving users the ability to own their data. With DAT, their native token, users will be able to share and save their data. This network will contain 3 billion DAT tokens, with about 1.53 billion available for the public token crowsdsale.