Datum: a global data marketplace that allows you to make money from your own data.

in #cryptocurrency6 years ago

Datum The personal data marketplace:
All of us create lots of data everyday but this Data is not utilized efficiently and not treated responsibly and it goes to vast amount of value and knowledge locked in data silos and controlled by large companies and organizations.
Datum tries to build a system where it can reward all the stakeholders along this value chain, they trying to build a public infrastructure to store and trade data, you have to put data somewhere and this data store shouldn’t be controlled by facebook or Google or anyone else, should be controlled by you and the other part is how do you exchange and trade this data.
What they building includes self sovereign identity and data ownership, it is the account that you own and digital identity that you control and they building the data base where all the data is encrypted and your private keys, your privacy is guaranteed and open to anyone and you decide who gets access to your data which developers can use your data to provide services to you and which advertisers you want to allow to target you.

How Much Is Your Data Worth?
Valuing personal data is difficult. Even though consumer data — like age, gender, location, purchase history, and browsing behavior — has become an increasingly critical ingredient for the fast-growing digital advertising industry that now generates tens of billions of dollars annually, there still aren’t any high-volume marketplaces where personal data is transparently priced and traded. In other words, the average person doesn’t have any good way to determine the value of their own personal data.

Most likely that’s on purpose. Big digital players know that if consumer data was an efficiently and transparently priced asset, consumers would be less likely to provide the advertisers, data brokers, and tech giants that dominate the personal data economy the nearly unfettered access to the information that they now enjoy.

In datum platform allows developers to return value directly to you as data source or as an individual but depending on the use case, you also allowing them to return a percentage of the data per seats to various intermediaries that they validate, analyze, and aggregate the data
Datum build an off-chain data data based storage network that is decentralized and it is not owned by anyone they don’t run it and store your data. The other important part is the encryption piece, all the data that goes in, is encrypted was your private key and that means you have full control of this data.
Own and control your data, datum stores safely your data, a global network that is not owned or control by any large entity, a network where all your data is encrypted securely and you’re the only one who has the keys; a network where decide whom to share with and under what terms and this is a wonderful thing because it protects your privacy and reward you for what is yours .

For more information about the project please visit the Following Links:

website: https://datum.org
telegram: https://t.me/datumnetwork
twitter: https://twitter.com/datumnetwork
facebook: https://www.facebook.com/datumnetwork

Created by:
Bitcointalk username: among
Bitcointalk url: https://bitcointalk.org/index.php?action=profile;u=1112442

Bounty0x username: hassan500

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