DataBroker DAO - Global market for local data

chipchip2017 (28)in #dao • 6 years ago (edited)

What is DataBroker DAO?

DataBroker DAO is the first marketplace to sell & buy sensor data. As a decentralized marketplace for IoT sensor data using Blockchain technology, Databroker DAO enables sensor owners to turn generated data into revenue streams. This will open up a wealth of opportunities for various industries. Data will be used and become more effective.

Why is our solution the best?

DATABROKER DAO: A PEER TO PEER MARKETPLACE FOR IOT SENSOR DATA

Using a smart contract based marketplace on the Ethereum network, it becomes possible to unlock this value. Via their gateway operator, the sensor owners place the data generated by their sensors up for sale (while staking some of their DTX tokens), and buyers can discover and purchase access to the data using that same DTX token.

The gateway operator will run their own Ethereum mainnet blockchain node and run the open-source DataBrokerDAO dAPI (distributed API) on top. Data generated by the sensors of their clients is sent (within the same datacenter) to their dAPI which check who has purchased access and send the data directly on to the location specified by the buyer on purchasing.

THE BENEFITS FOR STAKEHOLDERS

Sensor owners: are able to monetize their data and turn a sunk cost into a potential money maker and at least the opportunity to recoup some of their investments in IoT sensors.
Network operators: Gain scale and speed in the adoption of their network as connected telcos can present a win-back to their enterprise accounts, a clear USP.
Sensor manufacturers: Can stop the 'race to the bottom' for production and pull resources and capital out of manufacturing and allocate these to profitable SaaS offerings.
Smart city initiatives: Can limit the upfront cost of populating the town with sufficient sensors and turn the expense into an investment with a 2-3 year payback period and a continuous income stream after that.
Agricultural sector: In the Agricultural sector in Belgium today, 10% of farmers are 'techie'. They deploy sensors include for wind, temperature, barometric pressure, humidity, PH level in the soil. The platform will provide the possibility to recoup some of this cost.
Academics: Can get access to thousands of sensors and can buy data directly and more cheap on the marketplace, cutting out established data providers.

DTX token sale