Data is a very valuable resource in the 21st century. Companies like Facebook sell nothing but are able to make billions because they have access to people’s data. Companies like Twitter and Snap Chat also want to make money from people’s data. The news of the Cambridge Analytica scandal shows that if data falls in the wrong hands it can be abused. With enough data, we can be manipulated and we need to try and prevent this. A lot of data is swapping hands everyday and that makes possibilities for problems to occur. One slip and people’s important data, a city’s important data, or a company’s important data can be leaked. All of this is very dangerous because some one might want to make a quick buck from the sale of that leaked data but the result could be very dangerous.

One of the things that collect a lot of data in the world are IoT sensors. There’s a lot of sales of IoT sensor data and it is important to secure it. DataBroker Dao will make an IoT data marketplace on the blockchain.

DataBroker Dao is a decentralized marketplace for IoT sensor data and it will have all the benefit of the blockchain technology.

IoT sensors collect data about things related to companies, people, and entire cities. This is such valuable information and the sensors are collecting it all day. This data is being bought and sold to improve technology but the sale is not safe right now. Blockchain technology can make it safe and DataBroker Dao is going to make this happen.

Another thing is that people have the right to know what data is being sold especially if the data is related to IoT sensors on consumer products. Transparency in the sale of this type of data is a great step. DataBroker Dao also makes the trades transparency since each transaction will be recorded on the blockchain and can be made viewable to the public.

IoT sensors are everywhere so they are collecting data on everything. DataBroker Dao can protect the sale of data collected by IoT sensors and this in result protects people, companies, and cities from people who can abuse that data. This marketplace uses blockchain to make the sale of data safe and transparent and this marketplace is an important move in making data trade secure. Data trade is not receiving the kind of importance and scrutiny it should and only recent events have made the world consider the importance of data security. DataBroker Dao is one of the first to make IoT data trade safe and that is advantageous to its success.

Company

Website: https://databrokerdao.com/
WhitePaper: https://bitcointalk.org/index.php?topic=2113309.0
Bitcointalk Thread: https://bitcointalk.org/index.php?topic=2113309.0
Telegram: https://t.me/databrokerdao
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Facebook: https://www.facebook.com/DataBrokerDAO/
Reddit: https://www.reddit.com/r/DatabrokerDAO/
Blog: https://medium.com/databrokerdao

Proof of Work for https://bitcointalk.org/index.php?action=profile;u=1887821