Global market for local data DataBroker DAO is the first marketplace to sell & buy IoT data.

in #bitcoin6 years ago (edited)

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The Internet of Things (IoT) gaining the increasing popularity now, talk of the IoT does not stop, and the number of the devices connected to the Internet grows in a geometric progression. For those who don't know, IoT from the technological point of view is the network consisting from is unique the identifiable objects ("things") capable of interacting with each other without intervention from the person. Importantly, this more complicated phenomenon than just a set of sensors.

The practice of collecting and analysis of data on objects (mechanisms, buildings, people and so forth) using sensors exists long ago. The Internet of things is radically different in that sensors are combined into a single network. Inside the network data exchange occurs by which decisions automatically made and actions are taken to manage the objects.

The trend of IoT uniting the devices and sensors connected to networks becomes more and more attractive direction of technological development. As the market of IoT continues to grow violently, "The Internet of things" finds the increasing distribution and application in the most various spheres.

Among the areas of application can be identified: surveillance and security monitoring, building management (lighting control, temperature control, etc.), property management (monitoring of equipment status parameters), and also, health monitoring, agriculture and ecology monitoring (level of humidity of the earth, temperature, weather forecasts) and much more.
The primary field of application of IoT in the corporate segment includes sensors of control the central systems at industrial, power, social infrastructure facilities, as well as specialized sensors on vehicles that can track of vehicle usage parameters, driving style, etc.

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All these devices accept and process a vast number of data, but their most part has extremely low efficiency, because of fragmentation participants of the market. But thanks to the DataBroker DAO designed to buy and sell IoT-data, entrepreneurs, researchers, and organizations around the world will have new and exciting ideas for using IoT-data and creating services that will improve the standard of living. It's first world's market the IoT-data which directly will unite owners of sensors and buyers of data.

The DataBroker DAO market will bring together several stakeholders:

  • Sensor owners will be able to monetize the data arriving from their sensors. It will provide to owners a constant source of profit and also will give the chance to return investments partially into IoT-sensors (purchase, installation, service, acquisition of software for interpretation of IoT-data).
  • Data processors and Data buyers will be able to buy necessary for them data using the DataBroker platform, which in turn provides them with free access to data that would otherwise be inaccessible (remained in storage of sensors owners).
  • Gateway Operators will collect separate and incomplete data from several sources, then to resell them in already processed and ordered look. Gateway Operators the central "information portal" through which IoT-data come to DAO. Operators will be gain income from each sale of data on the platform.

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The most important part of an ecosystem of DataBroker DAO, of course, is IoT-sensors. The platform will contain pages with all characteristics of sensors necessary for the buyer. Depending on the type of sensor characteristics may include extended geolocation data, reputation indicators, comments, similar types of sensors, etc.
The owner of the sensor will receive 80% for providing IoT-data and will bring a small periodic payment for addition of the new sensors on the platform. Gateway Operators will receive 10% of each sale of data on the platform. DAO will receive 10% of the remained means for a covering of the operating expenses.

In addition to everything else, to ensure the maximum efficiency of the ecosystem, the DataBroker DAO alliance was created, to which many companies have officially joined at the moment. They represent market participants in each of the categories of potentially interested parties.

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Last several months the team of the project worked on the creation of the working version of the platform. Start of the DataBroker DAO platform is planned this year. The current beta version of the v2.0-alpha2 platform available here: https://beta.databrokerdao.com

In conclusion, it would be desirable to note that DataBroker already declared the first exchange - CoinFalcon. Of course that this is not the biggest exchange, but this is a great step forward to help token DTX get listed on some major exchanges in the future. Also, the team of the project plans to organize a battle between traders to win 10.000 EUR worth of DTX. All details about this competition of the trading volume will be reported in the near future.
Tokens DTX will serve as currencies for purchase and sale of sensors on the platform.

Learn more about DataBrokerDAO:
Website: https://databrokerdao.com/
Whitepaper: https://databrokerdao.com/whitepaper/WHITEPAPER_DataBrokerDAO_en.pdf

BitcoinTalk Ann: https://bitcointalk.org/index.php?topic=2113309.0

BitcoinTalk boynty: https://bitcointalk.org/index.php?topic=2909180.0
Twitter: https://twitter.com/DataBrxokerDAO

Facebook: https://www.facebook.com/DataBrokerDAO/

Telegram: https://t.me/databrokerdao
Medium: https://medium.com/databrokerdao
Reddit: https://www.reddit.com/r/DatabrokerDAO/

My bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1286131

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