DataBloc: Protecting the World’s Data

driean151 (-1)(1)in #bitcoin • 5 years ago

About

The amount of useful data is growing exponentially along with advances in artificial intelligence, social networking, machine learning, and the Internet of things. Surprisingly, less than 50% of the total data storage capacity is used. Providers of centralized data services use inefficient business models and do not have security. Fully decentralized models increase security, but since everyone can act as a service provider, users lack transparency about who stores their data, which creates significant difficulties in accepting. However, the allowed blockchain offers a logical solution of an average level in which users benefit from the security of the blockchain while maintaining transparency as to who stores their data.

The DataBloc platform is a web platform that seamlessly and securely connects service providers and enterprise customers. The DataBloc software, also known as StoneFusion, will be a 9th generation permission-based blockchain solution developed by StoneFly, a well-established data services company based in Silicon Valley. The software supports various data services and storage types, and offers enterprise-quality data optimization, availability, accessibility, security, and protection.

Service providers download StoneFusion and list their available services on the DataBloc web platform. Enterprise and public customers enter their storage needs and which data services they require. Customers then select accommodating providers from a curated list and purchase services directly on the web platform. DataBloc is the first solution where enterprise-quality service providers can download a software that allows them to sell excess data storage and services over the internet, without customer acquisition costs — all within a secure blockchain framework.

DataBloc Solution
The Web Platform
The DataBloc network will be accessible through a web platform where qualified service providers list their data services. The service providers will range from data centers to enterprises with in-house data service facilities. The service providers will join the network to improve their product offering, grow their customer base, and decrease their customer acquisition costs. Enterprises will join the network to improve security and earn incremental passive revenue on their dormant data storage capacity.

The DataBloc Software
The DataBloc software, also known as StoneFusion, will be a 9th generation blockchain solution developed by StoneFly, a well-established data services company based in Silicon Valley. StoneFly has invested approximately 40 million USD into this product and has more than 16 full-time software engineers working on development. The software supports various data services and storage types, and offers enterprise-quality data optimization, availability, accessibility, encryption, and security. DataBloc is transitioning StoneFusion to a permissioned blockchain based on Ethereum, which enables the use of a token that facilitates an efficient sharing economy. In contrast to the fully decentralized setting, users will know and trust the nodes they choose to purchase data services from.

Stone
STONE tokens have a comprehensible, attainable, and real use case which is integrated into an efficient protocol. While payments in fiat currency are accepted, payments in STONE will carry a discount, incentivizing frequent buyers and sellers to use STONE for all transactions. Additionally, STONE tokens will facilitate real-time royalties through smart contracts, creating complete transparency between DataBloc, RBC owners, and service providers. Service providers will earn 80% of the revenue generated when data services are purchased through their listing. The remaining 20% of each purchase is evenly rewarded to RBC owners and DataBloc. Owners of STONE will likely be entitled to additional services and incentives on the DataBloc platform.

Royalty Bloc
Royalty Bloc (ticker: RBC) will earn a 10% royalty on the revenue generated by the DataBloc platform in perpetuity. Through smart contracts, RBC owners will earn STONE in real-time by receiving 10% of every payment. They will have the choice to either sell their STONE, use their STONE to buy data services on the web platform, or hold their STONE in a wallet. RBC should increase in value alongside the total revenue generated by the DataBloc platform. The RBC valuation should be determined by the projected future value of cash flows generated from the 10% share of platform revenue. By offering robust data solutions and a wide variety of data services to enterprises as well as the broader public, the RBC revenue stream is exposed to a diversified set of clients, all of whom have different risk tolerances
throughout a market cycle. RBC will be sold as a security, not a utility, and will not be advertised nor sold to the public.

Service providers download StoneFusion and host their available services on the DataBloc web platform. Corporate and public customers enter their storage needs and what data services they need. Clients then select placement providers from the list of supervised customers and purchase services directly on the web platform. DataBloc is the first solution where enterprise-quality service providers can download software that allows them to sell excess data storage and services over the Internet without the cost of customer acquisition — all within a secure block chain.
Smart contracts on the Ethereum blockchain will handle all transactions on the DataBloc platform.
Token: STONE is a service token used to buy and sell services on the DataBloc platform.
Royalty Royalty Bloc token: RBC is a security token that earns in real time from the revenue generated by the DataBloc platform.
STONE and RBC are ERC-20 protocol tokens and have fixed power.
DataBloc will be available through a web platform where qualified service providers list their data services. Service providers will range from data centers to enterprises with their own data services. Service providers will join the network to improve the range of their products, expand their customer base and reduce the cost of attracting customers. Businesses will join the network to increase security and generate additional passive income from their inactive storage capacity.
DataBloc’s Mission to Protect Data
Like apples falling from neglected trees, the world’s data assets are going to waste. But unlike apples, data is our most precious resource. And through DataBloc’s self-service platform, we’re preventing data service providers from watching their ripe fruit rot on the ground.
Imagine building a hotel and only ever reaching half capacity. Today’s data center operators feel a similar financial sting.
Plus, since the likes of Dropbox, Equifax, and Facebook — and, sadly, far too many others — repeatedly prove themselves incapable of keeping our data secure, it’s evident that we need to take responsibility ourselves.
DataBloc’s blockchain-powered software coordinates the flow of data spread throughout multiple locations. Since there’s no central point of failure, the system is remarkably resilient to breaches.
The world’s precious data deserves better treatment than what current solutions provide. We aim to help create a future in which data’s rightful owners can keep their resources safe — seamlessly as well as inexpensively.
The good news is that we now have the technology to solve the data services industry’s most pressing issues — accessibility, security, and underutilization.
We’re creating the DataBloc platform today to help solve the data problems of tomorrow.
TOKEN DETAIL
Presale discount: up to 40%
Allowable currencies: BTC, ETH and Wire
Total supply: 333,333,333
Number of tokens for sale: 200,000,000
Price per token: 0.5 USD
Hard cap: 10,000,000 US dollars
Soft cap: 100,000,000 US dollars
Team