DataBroker DAO Decentralized IoT Data Marketplace

The Internet of Things [IoT] is the concept of everyday objects – from industrial machines to wearable devices – using built-in sensors to gather data and take action on that data across a network. So it’s a building that uses sensors to automatically adjust heating and lighting. Or production equipment alerting maintenance personnel to an impending failure. Simply put, the Internet of Things is the future of technology that can make our lives more efficient.
To make the Internet of Things useful, we need an Analytics of Things. This will mean new data management and integration approaches, and new ways to analyze streaming data continuously.

DataBroker DAO leverages the blockchain technology to create a market for data collected by a variety of sensors that are integral to the IoT devices and systems. By doing so, the platform offers an opportunity for individuals, companies, researchers, and governments to not only monetize the data generated by the devices they own but also purchase the relevant data from the community for research, analytics and other purposes.

The platform is catering to a growing industry with an enormous potential. With over 9 billion IoT sensors currently operational around the globe, the data generated by these sensors represent a $600 billion market. However, due to a lack of right infrastructure for monetization, hundreds, if not thousands of gigabytes of information are presently locked away in data silos and walled gardens

DataBroker DAO, with the help of Smart Contracts and dApps, solves the issue by presenting a decentralized peer-to-peer marketplace for IoT sensor data. The platform's model is designed to benefit sensor owners, network operators, sensor manufacturers, smart city initiatives, agricultural sector, and academics by providing secure and easy access for conducting "big data" transactions using DATA utility tokens.

By focusing on the niche monetization of sensor data, it would be easier for the Databroker Dao team to specify its target market, as well as deliver its branding and advertising strategies. However, considering that the people who would be involved in the marketplace are quite limited, Databroker Dao should be very specific in marketing its services

Presale

Start: March 19th, 2018 4PM CET
Rate: 1 ETH = 4000 DTX + 2000 bonus
Minimum: 10 ETH

Token sale

Start: April 26th, 2018 4PM CET - May 26th, 2018 4PM CET
Rate: 1ETH = 4000 DTX

Learn more about DataBroker DAO at – https://databrokerdao.com/?ref=btctalk
White paper - https://databrokerdao.com/whitepaper/WHITEPAPER_DataBrokerDAO_en.pdf
Join DataBroker DAO Telegram channel at – https://t.me/databrokerdao
Find DataBroker DAO on Facebook at –https://www.facebook.com/DataBrokerDAO/
Follow DataBroker DAO on Twitter at –https://twitter.com/databrokerdao

author : raidal

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