Implementation of IoT data using modern systems became available due to Databroker DAO. Data acquisition takes place directly, the platform has access to information with IoT sensors and enables owners of sensors to profit from generated data. The value and liquidity of information are enhanced by the use of analytical and static data.

Monitoring of business processes using IoT sensors is not very common among companies, so those who own sensors will use the data accordingly.

The decentralized system operates on blockchain technology, which, thanks to its high level of reliability, quickly gained popularity. Databroker DAO provides an opportunity for the owners of sensors to receive an unlimited amount of profit, due to the generation of data. The idea of the platform is also to open up opportunities for various areas of modern technology and industry. The creation of an integrated market provides an increase in the liquidity of data that users will receive.

How Databroker Works

At the moment due to low availability of IoT data, the authors cannot implement promising ideas, for the implementation of which investors with powerful operating resources are needed. For the data provided, profits will accrue. 

The system will implement as follows. Owners of IoT sensors will be able to place data for sale on the blockchain network, but with the condition that they are holders of DTX tokens. Buy data and access to them using the DTX token. When processing data, a block will launch on the network with the source code. The data that will generate in this process is sent to dAPI, where the access status will check, and the system is responsible for posting the information that was received.

Each successful transaction is paid to the operator at a size of 10% of the amount in the DTX. The earnings of the Databroker platform itself are also 10%, and the owner of the sensor will receive 80% of the income. Each user can purchase the necessary data. The local data market is available entirely for everyone. During the interaction of the owners of sensors and buyers, the service providers take part.

Advantages of the Databroker DAO platform

1. Profitable monetization
2. Placement of new SaaS proposals on the platform
3. Expanding the geography of operator networks
4. Selling data for scientific stations of other countries
5. Research centers will be able to monetize different data
6. Scientific centers will have the opportunity to access information from around the world, with minimal costs
7. Agricultural organizations will significantly reduce the cost of obtaining many data
8. Urban utilities will quickly identify problems and provide better services

Let's briefly discuss the details of ICO

• The number of DTX is 225,000,000 tokens
• The beginning of the ICO - April 26, 2018
• End of ICO - May 26, 2018
• Price 4000 DTX - 1 ETH

CONCLUSION

By purchasing tokens via a referral link, partners will additionally receive a bonus of 5%, on the number of DTXs bought. Since May 30, 2018, the CoinFalcon exchange will start selling a token.

The development team realized its idea and exerted maximum efforts at each stage. As a result, it turned out a ready-made, accessible platform, which will rapidly develop and gain popularity among its audience of users.

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You can find detailed information on the following links:
Official website
Whitepaper
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