DataBrokerDAO - blockchain platform for trading IoT data.
The Internet of Things (IoT) is a new technological concept that is gaining in relevance every day. The very idea of it is that not only people but also appliances – household appliances, measuring devices, computers, etc.can exchange data in the network.
This phenomenon generates the formation of a new information layer that could be useful to the public. For example, if you connect climate equipment to a single chain, you can get a database that allows you to predict changes in weather conditions.
Unfortunately, so far the IOT concept hasn't found its global application, due to the fragmentation of data owners, as well as the lack of a single market where information can be collected. DataBrokerDAO platform is the first solution in the industry that could benefit from the Internet of Things.
DataBrokerDAO is the first decentralized IoT market.
DataBrokerDAO is the first platform for the IoT data sale and purchase. It is a link between suppliers and consumers, where the first ones can benefit from the information provision and the second - important data for various processes optimization.
In addition, the DataBrokerDAO platform solves the problem of the IoT-market absence , in the future it will eliminate another important aspect – inflated cost. Many companies, buying smart-equipment, spend huge sums of money,thus they set unreasonably high prices for the data, which makes information inaccessible to potential consumers.
DataBrokerDAO will stimulate competition among suppliers, leading to lower prices and increasing the liquidity. Thus, the platform can become a new impetus for the development and active use of IoT in the various goals implementation.
Stakeholders. Perspectives.
On the DataBrokerDAO will function token DTX, developed as a domestic means of payment. 80% of all tokens will go to the IoT data providers, the remaining 20% will be shared between the project team, which will direct the profits to support and develop the platform, and network operators.
Interest in the platform will be supported not only by its commercial benefits. Using DataBrokerDAO will be useful to the following groups of users:
- Sensor manufacturers. They will be able to optimize their own smart equipment for easier IoT data sharing and will attract more potential consumers who want to use it to profit from the information sale.
- Research centers. Information from smart devices from all over the world can be used in scientific developments and research.
- Companies in agriculture industry. Climate data, soil parameters and composition - these and other IoT data can be used to plan crops, planting vegetables, etc.
Thus, DataBrokerDAO isn't just a blockchain platform, but a complete solution for integrating IoT into everyday processes. This approach will allow to develop the very concept of the Internet of things, as well as make it more accessible to those who need information from smart devices.
The main tokensale is currently going on their Website. Before joining check socials and read White paper
completely report, i think that i need to know much about this market, thanks for shared this one
you are welcome! thank you for reading.
Nice report...if i want to know more, where should i go?any books, tutorial or something else?thanks
Hey, @hubbsteem ! To know more about project you can go there https://databrokerdao.com/
Exciting project, thanks to the author for the detailed review. Much has become understandably, that everything is written in the simple and understandable language.
@veseloff , i always glad to see you on my blog ;-) Thank you for feedback.
Wow! This is really interesting article and project! Thank you!
Please tell me more details. Or how can I know the details?
@mustafij , if you mean the project details - check website https://databrokerdao.com/
Competition is very important. The project will help to ensure market relations.
This post is resteemed and upvoted by @bestboom
Very interesting
thanks!
Now my whole apartment will furnish the Internet of things! Thanks for the info!
In the future, these technologies will be in every home.
The sphere of the Internet of things is rapidly developing. If the project will take the first this niche egg waiting for big success.