DATUM Unveil Data Secret & Data Monetization
Data monetization is the way of producing and generating measurable economic paybacks or benefit from available data sources from individual or corporate entities.
Since Inception of the internet data are generate every day which makes the Tech industry a Giant industry ,these data are shared from data sources via multiple channel such as the google , Facebook, twitter, Instagram ,YouTube etc.
Many individual or cooperate bodies post their picture of past , current and future events of their self or organization in the Instagram, Facebook, twitter and other social media site without knowing they are building a solid structure for Instagram and other social media as mention above. This data structure that is so large is what we call big data and is what makes the Tech industry a giant industry. They have a full control of data uploaded to their respective site and can be used for their own benefit without the source of the data getting reward or loyalty benefit or the privacy of such individual or organization be protected and secure their pofolio in such tech site.
Study have revealed that data of individual such as picture ,date of birth ,emails, phone number ,passport release to most social media either just for pleasure or perquisite to shop online have experience data breach by hackers and are used for unfortunate criminal act without their concept.
If you know how the tech industry makes from just simply upload your data on their website you will want to these companies to pay because without your data the big tech data industry will not exist ,and knowing this fact you can monetize your data through the help of DATUM
Datum is crypto currency platform built with robust technology on the blockchain smart contract with a world class and dynamic software that makes everyone irrespective of their social, political, economic status, etc. to share their data while making money in return from their shared data and also allow data source provider to control usage of their data in decentralized ecosystem.
Sensitive or non-Sensitive data are fully control by the own of the data and last but not the list data sources take charge and control their data from the internet of things devices IOT and not the platform or the old traditional social media.
The datum network envisage a senero where data source provider will have the right to share, monetize, or destroy their data at their own time and private reasons.
The datum network unveils the benefit of the sharing data to the big data industry.
The datum ecosystem has its own cryptocurrency token built with the best expert in the ICT industry to help in making fast transactions which is called datum token with a symbol DAT. It is built on the Ethereum smart contract as a utility this token helps in trading of data with users of the datum platform
WHY YOU NEED DATUM
Datum Help to monetize your data by providing basic income
Datum is decentralizes and highly secure
Your Data cannot be shared without your permission
Your Data encrypt with your own generated terms and condition
Your data cannot be tamper with
Your data is stored anonymously
HOW THE DATA NETWORK WORKS TO MONETIZE YOUR DATA
Users of the datum platform will submit their data to the data network using the robust software that is user friendly.
A storage node will receive your data and store for it.
Your data that is stored will be replicate the system to other storage nodes.
The system create a purchase order for the data you shared.
When there is an interest in your data according to price tag on your data the buyer will modified the proposal.
You will then receive DAT token.
You will in return release the decryption key to the data buy who pays for your data.
In conclusion datum is a highly secure cryptocurrency platform that revolutionize the data industry and unveils on how individual or cooperate bodies can monetize their data for basic income and take full control of their data.
For more information and update about the Datum, please visit the below link for your perusal
Website: https://datum.org/
Whitepaper: https://datum.org/assets/Datum-WhitePaper.pdf
Telegram: https://t.me/datumnetwork
Twitter: https://twitter.com/datumnetwork
Facebook: https://www.facebook.com/datumnetwork
LinkedIn: https://www.linkedin.com/company/datumfoundation
ANN Thread : https://bitcointalk.org/index.php?topic=2049312.0
AUTHORS DETAIL’S
BOUNTYOX USERNAME: myshawn
BITCOINTALK USERNAME: wizardcrypto
BITCOINTALK URL PROFILE: https://bitcointalk.org/index.php?action=profile;u=2312222
Coins mentioned in post:
In these times we can't to relinquish on services like this one!
The datum network has a lot of helpful functions, specially the fact Data cannot be shared without your permission is an important point in my opinion.
😊