DataBroker DAO - Global market for local data

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In this day and age, in order to improve and supervise their operations, most companies make use of sensor data Due to this, the result is a data landscape with only one purpose. In this specific field, this platform makes the data very easy to be accessed by the users all around the world at a very affordable price allowing them to get one step closer to a futuristic life.

What separates this DataBroker DAO from other platforms is the fact that by using this platform, users can both buy and sale sensor data which use Blockchain technology. The platform enables the owners to gain expenses due to their generated data as a decentralized marketplace for the Internet of Things (IoT). This will be the door that will open many opportunities for different industries.

Unlocking the potential & monetization of IoT sensor data

It’s a known fact that each year hundreds of billions of dollars are spent on acquiring and maintaining IoT sensors. It’s amazing how the investments in IoT are growing so fast but still, all the data recorded by these devices is locked in silos.

Switching from sensor to silo, the data generated flows over gateway operators, giving the sensor owners a two-year time period for their placement and the data generated by them.

DataBroker DAO: The marketplace for sensor data DataBroker

DAO comes with the solution to unlock this value. The secret is using DTX tokens. The sensor owners would use some of their DTX tokens to put their generated data up for sale and the ones who wish to buy it can purchase it using DTX tokens as well. Everything is done via a gateway operator.

The platform has an open-source dAPI (distributed API) ran by the gateway operator. The dAPI receives the data that is generated by the sensors of their clients and then it will then check who has purchased the access to data and then send it to the specific buyers.

After the trade, different percentages from the transaction is directed to the ones who were part of it. The gateway operator is awarded 10%, the platform earns 10% as well, and the rest of the proceeds goes to the sensor owner. Everything is in DTX tokens.

The platform does not stop locally. Due to the many gateway operators around the world, DataBroker DAO is moving to a global marketplace allowing any person from around the world to buy available data, thus making it truly "a global market for local data."

Want to know more about DataBroker DAO?

Find out more about how selling or buying IoT sensor data would work on a Databroker, what DTX tokens, how to turn your investments into earnings are and much more by visiting their: Website, Telegram, ANN and Bounty Thread where you can also learn how to contribute to the platform and help to expand it.

Alternatively, if you want more compact information but at the same time, find out everything about the platform, you can read this OnePage.