HOW DBC.io IS MERGING DATA, A.I AND BLOCKCHAIN TECHNOLOGY FOR EFFICIENT DATA REFACTORING

The goal of every business is to acquire, attract and retain customers to patronize the product they offer. To achieve this goal, business owners have to monitor variables that affect the way they live, their frequent demands, even the customer’s scale of preference and so on. Let’s call these variables, customers’ data. Therefore, any business or organization that is willing to attract/retain customers must acquire customer’s data. However, not all data is necessary data or critical data. For instance, an SMB (Small Medium Business) that makes shoes for kids of age range 5-8years wants to make an advert, they would require data such as foot size, age, maybe skin complexion and kid’s name (if it’s a customized shoe). Every other information about the child is not needed and it becomes a waste. In this case, time, money and other resources invested in acquisition of that dataset is lost since the relevant data is just a chunk of what is relevant.

You’ve ever wondered why SMBs aren’t major fans of big data. Yeah that’s it! To this cause, the need for big data sources that provide efficient data has catapulted especially in today’s digital age. This rise in demand for relevant data has not been warmly embraced because data sources that provide quality data are very scarce. Nevertheless, this gap has been identified and a solution is being built by big data, Artificial Intelligence and BlockChain startup DataBlockChain.io. The tech startup summarized objective is to democratize big data and level the data playing field by providing the most comprehensive marketing data solution to all businesses and individuals.

How Dbc.io intends to incorporate big data, A.I and BlockChain technologies to refactoring data
ARTIFICIAL INTELLIGENCE Dbc.io introduces an open source tool called Search Indexing Engine (SIE). The SIE indexes all data sources and assign confidence scores on the source. Furthermore, “SIE uses predictive analytics to create an appropriate score. The A.I in SIE quantifies each of the discrete values to build on evolving quantitative analysis”. BLOCKCHAIN BlockChain can be described as an append-only transaction ledger. What that means is that the ledger can be written onto with new information, but the previous information, stored in blocks, cannot be edited, adjusted or changed. Dbc.io uses the Ethereum BlockChain and smart contracts for all instructions and payments. The Ethereum BlockChain empowers Dbc.io to make complex payment contracts to diverse data sources. BIG DATA Big Data analytics is the use of advanced analytic techniques against very large, diverse data sets that include different types such as structured/unstructured data.Dbc.io partnership with MediaDirect, Inc is a combo made in heaven. As a result of this awesome association, the aforementioned BlockChain startup, Dbc.io, has a competitive advantage due to massive data assets of MediaDirect, Inc. The big data vendor is a leader in the digital data industry.

HOPE FOR SMALL AND MEDIUM BUSINESSES Big data has been available for a while but only big companies such as Microsoft, IBM, Google, Amazon, and Verizon and so on has had access to big data because of the cost and other factors that are unpleasant to SMBs. Dbc.io lowers the barrier for entry and expands their potential client base to include Small, Medium and Large businesses around the globe as well as ICOs seeking data for their new ventures. It is evident that DataBlockChain.io would close the quality data accessibility gap between giant companies and SMBs which would translate in further growth of the global digital industry.

HOW DBC.io IS MERGING DATA, A.I AND BLOCKCHAIN TECHNOLOGY FOR EFFICIENT DATA REFACTORING
The goal of every business is to acquire, attract and retain customers to patronize the product they offer. To achieve this goal, business owners have to monitor variables that affect the way they live, their frequent demands, even the customer’s scale of preference and so on. Let’s call these variables, customers’ data. Therefore, any business or organization that is willing to attract/retain customers must acquire customer’s data. However, not all data is necessary data or critical data. For instance, an SMB (Small Medium Business) that makes shoes for kids of age range 5-8years wants to make an advert, they would require data such as foot size, age, maybe skin complexion and kid’s name (if it’s a customized shoe). Every other information about the child is not needed and it becomes a waste. In this case, time, money and other resources invested in acquisition of that dataset is lost since the relevant data is just a chunk of what is relevant. You’ve ever wondered why SMBs aren’t major fans of big data. Yeah that’s it! To this cause, the need for big data sources that provide efficient data has catapulted especially in today’s digital age.

This rise in demand for relevant data has not been warmly embraced because data sources that provide quality data are very scarce. Nevertheless, this gap has been identified and a solution is being built by big data, Artificial Intelligence and BlockChain startup DataBlockChain.io. The tech startup summarized objective is to democratize big data and level the data playing field by providing the most comprehensive marketing data solution to all businesses and individuals.

How Dbc.io intends to incorporate big data, A.I and BlockChain technologies to refactoring data
ARTIFICIAL INTELLIGENCE Dbc.io introduces an open source tool called Search Indexing Engine (SIE). The SIE indexes all data sources and assign confidence scores on the source. Furthermore, “SIE uses predictive analytics to create an appropriate score. The A.I in SIE quantifies each of the discrete values to build on evolving quantitative analysis”. BLOCKCHAIN BlockChain can be described as an append-only transaction ledger. What that means is that the ledger can be written onto with new information, but the previous information, stored in blocks, cannot be edited, adjusted or changed. Dbc.io uses the Ethereum BlockChain and smart contracts for all instructions and payments. The Ethereum BlockChain empowers Dbc.io to make complex payment contracts to diverse data sources.

BIG DATA Big Data analytics is the use of advanced analytic techniques against very large, diverse data sets that include different types such as structured/unstructured data.Dbc.io partnership with MediaDirect, Inc is a combo made in heaven. As a result of this awesome association, the aforementioned BlockChain startup, Dbc.io, has a competitive advantage due to massive data assets of MediaDirect, Inc. The big data vendor is a leader in the digital data industry. HOPE FOR SMALL AND MEDIUM BUSINESSES Big data has been available for a while but only big companies such as Microsoft, IBM, Google, Amazon, and Verizon and so on has had access to big data because of the cost and other factors that are unpleasant to SMBs. Dbc.io lowers the barrier for entry and expands their potential client base to include Small, Medium and Large businesses around the globe as well as ICOs seeking data for their new ventures. It is evident that DataBlockChain.io would close the quality data accessibility gap between giant companies and SMBs which would translate in further growth of the global digital industry.

USEFUL LINKS
Website: https://www.dbc.io/
Whitepaper: https://www.datablockchain.io/pdf/whitepaper.pdf
Telegram: https://t.me/DBCIO
Twitter: https://twitter.com/DBC_IO
Facebook: https://web.facebook.com/datablockchain

Author: https://bitcointalk.org/index.php?action=profile;u=1210263