Datablockchain: A Wide Path to the Information Field

Datablockchain is a project whose goal is to build a new system of relationships between those who provide data and those who buy them. Using the capabilities of blockade and artificial intelligence, the team creates a single database, where each of its elements will be a commodity that can be purchased as easily as you buy any other physical or software product.

They create a flexible system that will help create, group and publish data for further purchase and study, and the calculation will be made in the crypto currency to create opportunities for wider access from any corner of the planet.

Thanks to the platform, it will be possible to eliminate many existing problems related to the search for the audience, sales, market development, product creation and others, all at a small price and with a deep faith in the fair compensation of the data provider.

Creating an increasingly comfortable and affordable ecosystem, they Datablockchain will provide access to the information market to a much wider range of participants, which we will talk about in the next paragraph

Information market: there is something to work on

If something can be called "digital gold" except for crypto currency, then this, of course, is information. After all, it is knowledge of key events and facts that makes a person more ready for any change. And if we talk about this in the projection of business - information makes the entrepreneur stronger and more stable. 

Information, for several hundred years now, is one of the most valuable assets that a person can possess. And in the era of digital technology, when data is needed to build most software products, information has become a real commodity that is traded in analogy with real goods and services. Was a fair and worthy information market formed, with which everyone could work, regardless of the degree of direct access to information? Of course, no, otherwise we would not talk about Datablockchain today .

For the modern information market is characterized by:

  • High price. Since only certain individuals and legal entities have access to certain sources of information, it is self-evident that they understand the uniqueness of the service provided. But, besides this, a high price for a piece of information is promoted by a large number of intermediaries who earn this way. And, looking at the fact that no one can provide competitive information, the price grows in geometric progressions.
  • Lack of access. This applies to both parties that work in the information market: both the buyer and the producer. On the one hand, not everyone who needs specific data can buy them. There are barriers in the form of various difficulties with the purchase and, of course, the high price, about which we spoke above. Well, on the other hand, the one who produces the relevant data does not know how to sell them for a decent price. Moreover, the fragment of the data does not have a particular value on the market, which we will talk about.
  • Lack of trust. Imagine that you need information about how many middle-class representatives took part in the parliamentary elections. Even if you find someone who collected such data and is ready to provide, you can not be sure that they are accurate and truthful. Agree, a few lines of code, can create something that will be very similar to a real database.
  • Monopolization. There are state and commercial organizations that have constant access to certain types of data. If they represent their product - it is immediately out of competition: it is always complete and enjoys trust. But the truth is that not only they can create high-quality products and for manufacturers of a smaller scale a market is needed so that they can provide their services.

Thus, it can be concluded that the current state of things regarding information and trade in it does not correspond to generally accepted norms that characterize a free and equal market. However, thanks to the implementation of the blockbuster and the Datablockchain platform, all this will become possible. 

On this, we end the first part of the review, but then we will disassemble the project in much more detail. It is necessary to find out why till now data producers in small volumes can not receive a reward for their work , and also, how diverse the use of Datablockchain can be.

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