DataBroker DAO is the first marketplace to sell & buy sensor data. As a decentralized marketplace for the Internet of Things (IoT) sensor data using Blockchain technology, DataBroker DAO enables sensor owners to turn generated data into revenue streams. This will open up a wealth of opportunities for various industries. Data will be used and become more effective.DataBroker DAO was built & launched by SettleMint in July 2017, using their own core technology Mint.
About DataBroker DAO
DataBroker DAO, The company aspire to unleash long-tail creativity with the use of sensor data to facilitate the conversion of incredible ideas into value-adding services. By providing a distributed foundational layer for the buying and selling of IoT sensor data,company expect that unimagined uses of data that exist in the hearts and minds of entrepreneurs, researchers and organisations around the world, will emerge to create incredible value-adding services that enrich the quality of life in our cities and our societies as a whole The global market for IoT sensors has surpassed 600 billion USD per year including the purchase, installation, and maintenance of sensors and the acquisition of software packages to interpret and enrich the data.
The data resulting from this investment is for primary usage by the sensor owner or enhanced with value-added insights and resold.It prevents people with powerful ideas to rely on people with powerful operational resources, in a phased, pay-as-you-grow, MVP model.As with the financial markets, where the importance and value of company data have been apparent for decades, giving rise to Bloomberg Market Data, Thomson Reuters, FactSet and a lot of vendors, the same opportunity will emerge for IoT sensor data.Doing so with a distributed foundational layer for the buying and selling of IoT sensor data we expect that unimagined uses of the data will emerge to create incredible value-adding services that enrich the quality of life in the cities and the societies as a whole.
DataBroker DAO is the first marketplace for IoT Sensor data that will connect sensor owners with purchasers of the data directly, utilizing existing infrastructure from telecommunication providers operating the sensor.
THE CHALLENGE: UNLOCKING THE POTENTIAL & MONETIZATION OF IOT SENSOR DATA Individuals, companies, researchers & governments are spending hundreds of billions each year on buying and maintaining IoT sensors. The growth of the investment and applications in IoT is truly staggering, and yet, all data captured by these devices is locked up in silos and walled gardens. Whether for primary usage or for enrichment and direct resale, the data remains grossly under-utilized and locked away in deep organizational silos, stifling innovation and holding back society as a whole.
THE SOLUTION: A PEER TO PEER MARKETPLACE FOR IOT SENSOR DATA
This is where DataBroker DAO, as a distributed marketplace (or an ‘Amazon’) for IoT sensor data, comes in. DataBroker DAO will enable the monetization of gathered IoT data, turning costs into perpetual revenue streams.BETA platform: We have a fully functioning platform for you to try.
Want to know how selling or buying IoT sensor data would work on DataBroker? Check out the BETA version of the platform: https://beta.databrokerdao.com A quote by Patrick M. Byrne — CEO and Founder of Overstock.com: “The intersection of IoT and blockchain is enormously promising. For sensor- owning organizations, the ability to use an immutable ledger to store data, ensure its integrity, and provide a clear path to data monetization, is a stellar example of the promise of the blockchain.
The value of the IoT sensor market is greater than USD 600 billion per year, and is expected to double in the next three years, simply for the primary use of the data by the sensor owner! The magnitude and potential value of a marketplace for data-hungry third parties is staggering.I believe that what online retailers like Overstock.com have done for making physical goods accessible online, DataBroker DAO will do for sensor data.”
How Does DataBroker DAO Works?
The main goal of DataBroker DAO is to provide a distributed marketplace for IoT sensor data. The company aims to create the first blockchain-based marketplace for sensor data, bringing together all different participants into one place — including sensor owners, data processors, and network owners. DataBroker DAO doesn’t just want to openly share user data with the world.The company wants to create a marketplace where anyone buys or sell that data. If you want to sell data from your fitness tracker to an advertising company, for example, then you’re free to do that. If you want to buy smart device data from all customers in one specific region, then you can do that too. Ultimately, the DataBroker DAO website explains that there are 9 billion IoT sensors worldwide. Most of those sensors are under-utilized. Together, these sensors are worth over $600 billion per year. However, this value cannot be unlocked because the sensors are locked behind data siloes and walled gardens.
Detail Token Information
Token Symbol : DTX
Token Type : Ethereum ERC-20 Token
Total Token Supply : 225,000,000 DTX
Country : Belgium
Price in preICO : 6000 DTX= 1 ETH
Price in ICO : 0.28 USD
Currency Accepted : ETH
Whitepaper : Click Here For View Whitepaper
Website : Click Here For Visit ICO Homepage
Announcement Thread : Click Here For Visit Ann Thread
Telegram : Click Here For Visit Telegram Official
The DTX token is a utility token in the Databroker DAO. The DTX token is an ERC20 compliant token with 18 decimals. The token will serve as the credits to buy and sell sensor data within the platform. The goal is to have 1 DTX token to cover the average value of the data from a sensor for one week.This allows us enough granularity (at 18 decimals) to work with micropayments, even after significant growth and price increases.
To determine the market potential and future worth of the token we need to look deeper at the potential market for IoT data. The market size of the primary market for IoT sensors grew from a 600 billion euro in 2015, to a staggering 900 billion in 2017. The market is projected to reach 1.3 trillion in 2016 and up to 1.6 trillion in 2024.
TOKEN SALE
For the DataBroker DAO upcoming token sale, the Databroker DAO team has set a tentative date for the main token sale and we are validating this with our advisors and extended team. The date will be announced soon.Check the DataBroker DAO website (https://databrokerdao.com/) to know everything about other alliance partners, the events we will be attending in the near future, who’s who and what the media and Industry experts worldwide are writing about DataBroker DAO.
Sumber : https://www.bangkecol.com/2018/06/databroker-dao-ico-review-global-market.html
Contact Me :
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Eth Address : 0xC69e3CD404c4Eee62A9BA237a6cE76a49980BF9a