DataBrokerDAO - Global market for local data
Today we will talk about IoT sensors and their data. And also consider what it is, why it is necessary, what problems exist around this topic, and what company has decided to change the existing situation for the better.
Let's start with the most elementary, namely the definition of what is an IoT-sensor and what data it transmits?
IoT (Internet of Things English) translates as the “Internet of things”, that is, in simple terms is a network of objects which surround us around. This network includes computers, tablets, smartphones, TVs, industrial machines, notification systems, and so on. Every year the number of devices connected to the Internet is growing at a crazy pace. Just imagine, but over the past year the volume of the world market of IoT sensors has amounted to more than six hundred billion US dollars. And this volume includes not only the purchase of these sensors, but also their installation, as well as maintenance and purchase of software packages for data enrichment.
Thus, every year hundreds of thousands of companies, organizations and entrepreneurs spend a lot of money on the purchase and maintenance of Those IOT-sensors or as they can be called (IoT-sensors). It is expected that by 2019 this amount will grow to 1.2 trillion us dollars. But anyway, the primary use, processing and resale of data is the low utilization, which leads to low public use. This leads to constraints in the development of innovation.
To solve the existing problems in this area offers - DataBroker DAO.
DataBroker DAO is the first IoT data market in the world, which aims to unite all:
1) Sensor Owners – the primary role of these owners is to sell IoT data using the DataBroker Dao platform;
2) Customers data is, the following participants of the system, which will be purchased via platforms DataBroker DAO, IoT data;
3) Data Processors – enrich the purchased data, with the further aim of reselling it and processing it for its customers. At the moment, there are more than five thousand data processing companies in the world;
4) Gateway-gateway Operators – play a key role in the operation of DataBroker DAO. They make sure that sensor owners can easily sell their IoT data on this platform.
Thus, using DataBroker DAO data providers will be able to directly monetize their data, generating passive income. As far as data buyers and data processors are concerned, they will use the data as a service, so they do not have to make any initial investment. In doing so, DataBroker DAO will provide them with free access to all the data that could remain in the data warehouse of sensor owners.
Who will actually sell all this data? Ask you.
In fact, there are already groups of industries that are investing in IoT sensors. For example, Gartner consulting company plans to divide potential sellers into several groups (see below):
The leading sectors are the same:
- Natural resources and production: the main purpose of the companies introducing sensors into this category is to improve the efficiency of its activities, as well as reducing operating costs;
- Transport and shipping: sensors in this sector collect data on traffic congestion and congestion. And also the temperature readings of containers that are used for the transportation of both food and non-food products are washed away. The same category includes sensors for the control of trains, buses, cars and trucks;
- Utilities and governments: using IOT sensors, utility providers can use state-level "smart meters" for water and electricity, thereby warning in advance of possible flooding, perform air purification and manage street lighting;
- Agricultural sector: today, about 10% of the Belgian farmers can be called techies and innovators. In their household they use from 5 to 20 IoT-sensors, as well as drones-drones. All of these technologies help them measure wind speed, soil temperature and air temperature, as well as atmospheric pressure, air humidity, and soil pH. All this farmers use to manage their economy, while spending from ten to fifty thousand euros per year.
Who will buy this data? Ask you, but in fact this data will be relevant for many:
- national meteorological services;
- fertilizer companies;
- smart city initiatives;
- research and development;
- public transport companies;
- companies engaged in the creation of unmanned vehicles;
- natural organizations;
- energy corporations and so on.
Thus, in addition to the data, IoT sensors are the most important in the DataBroker Dao ecosystem. And to make it easy to view all the necessary information on these sensors, a team of specialists has developed a platform that is already available in beta. However, this platform interacts not only with Ethereum addresses, but also with other multi-signature contracts.
As you already dared to assume, this company also did not do without technology of the 21st century, namely blockchain technology. Why still need it and what advantages it carries in itself?! From the point of view of experts, the use of Ethereum blockchain in this market is simply necessary. First, it allows you to build an entire financial ecosystem with minimal transaction fees. Secondly, a decentralized network is a secure, transparent and secure space for the exchange of any data.
Based on blockchain DataBroker DAO offers US its DTX (DaTa eXchange) tokens ERC20 standard. These tokens will serve as means for which it will be possible to make purchases and sales of sensors on the platform. Also, these tokens are based on the MiniMe tokens (contracts), which will easily allow you to create a copy of the token, repeating its entire history, for an upgrade or for its fork. The approximate price of one token will be 1 ETH = 4000 DTX tokens. And their total number will amount to 225 million tokens DTX. The distribution of tokens will look as follows:
This project I think is very promising and with great potential, so I recommend that you pay attention to it and study the whole concept of the project in more detail on these links:
WEBSITE: https://databrokerdao.com/
TELEGRAM: https://t.me/databrokerdao
WHITEPAPER: https://databrokerdao.com/whitepaper/WHITEPAPER_DataBrokerDAO_ENG.pdf
TWITTER: https://twitter.com/databrokerdao
FACEBOOK: https://www.facebook.com/DataBrokerDAO/
ANN THREAD: https://bitcointalk.org/index.php?topic=2113309.0
BOUNTY: https://bitcointalk.org/index.php?topic=2909180.0
MY BITCOINTALK: https://bitcointalk.org/index.php?action=profile;u=1238493
Very interesting project, which give easy an opportunity to earn!
Consonant! A very promising project!
Blockchain and IoT will make the modern world better!
iot is the future!
I, too, see for this future!
Interesting project, a project worthy of attention
Yes, a worthy project!
Nice post @sergeyklimenok
Thank You!
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when you reading whitepaper - you understand that didn't think of such global market. Interesting project
Surprisingly, Data Broker is the first market to sell and buy sensor data, and allows sensor owners to turn generated data into revenue streams. A unique project!
The project is really unique with a great idea and a strong team!