Datablockchain [ICO] Review

in #datablockchain6 years ago

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Currently millions of new smart devices include the latest cutting-edge security standards. Each application and service provider must fully utilize the embedded protection provided by the latest generation of hardware. In today's mobile market security, whether that means your identity, data, messages, or identity transactions, is on the list of key features that affect consumers on their mobile choices.

There is a strong transition from security to a reflection of the security in it. Built with the security of presenting a more secure mobile phone, the consumer's primary desire. Security as a feature will affect buyers in their decisions and persuade users to upgrade earlier. Integrated security technology provides a higher quality experience to consumers and better value in the services offered. Technology buyers know that not all devices will be the same and competition will drive the safety market. Over the years, mobile users have been upgraded for better resolution, improved camera functionality, significant memory enhancement, enhanced touch screen, ultra-enhanced audio, and even new and improved designs and colors. It's time for consumers to upgrade to make it more secure.

Security devices currently used by many individuals, companies, or governments often experience data security failures, one of which occurs in Cybersecurity Ventures so that security devices are severely damaged up to $ 3 trillion by 2015, because they are caused by data. Protected data is not secure. All assume with firewall tools, virtual private networks and passwords safe enough and not easily hacked, that view does not change the way people think to change the more modern security system.

Today, millions of new smart devices include the most advanced modern security standards. Each application and service provider must fully utilize the built-in protection provided by the latest generation of hardware. In today's mobile security market, whether it's protecting your identity, your data, your messages or transactions, is on the list of the best features that affect consumers about their mobile choices. There is a strong shift from security, which is a thought to mind, to internal security.

The redesigned blockchain technology of how we do our business today has made life much easier and more efficient. Technology has been adopted by key industry days such as financial sector, health sector, music industry, insurance industry and many others who join. This technology is becoming popular because it increases efficiency, reduces costs, improves transparency and is safe and decentralized.

introduces to you the next project, which knows how important your personal data is and will take care of it, the project is Datablockchain

What is DataBlockchain.io?

DataBlockChain.io is a revolutionary data platform that stands to disrupt the way companies and individuals collect premium data. Our product will democratize the data, making it more readily available and less expensive than current data collection and inspection methods. The result is that clients can access certain data sets in a cost-effective and transparent way, collecting what they need without paying for foreign data.

With the market for advertising reaching $ 591 billion in 2017 and $ 209 billion dedicated to digital advertising, the need for accurate data only evolves. The data is the backbone of the marketing explosion, and DataBlockChain.io has the ability to become a category killer. We will combine our own ownership data with many of the world's largest databases, from government data, industry-specific data, voting records, business to business data, property data, credit bureau data, etc. to create a variety of comprehensive data that is valuable to individuals and businesses who want to attract and retain clients. Access level to quality data DataBlockChain.io offers a high cost for most companies outside Fortune 500, but as a result of our platform, all participants will be able to get the exact and nuanced data they are looking for. Because DataBlockChain.io eliminates intermediaries in the data industry who tend to raise prices and lead to inefficiencies, no order sizes are too small to meet. It opens up potential untapped market clients on the global stage.

Problem

The key to acquiring new customers and retaining your current customers is to have critical data that can help you market to the highest trending prospects to use your products and services and help identify your current customer needs, ensuring their long-term loyalty. The current data industry is complex and highly fragmented, offering a number of confusing choices for businesses that desperately need this vital information. Existing data marketing ecosystems data / list owners, managers and brokers are inefficient and often ineffective, unnecessary business expenses of time and money.

Solution

DataBlockChain.io will provide a powerful interface between the user and the data source. DataBlockChain.io will create a single-point solution that will eliminate the need for multiple data vendors and layers of list managers and brokers that create inefficiencies in the marketplace. The backend system will ensure full confidence in data quality for end users as well as transactional finality for data providers.

The main objective of DataBlockChain.io

  • To ensure that data providers can simply monetize their data by providing access to that data.
  • To provide transparency and traceability for data providers using blockchain technology.
  • To provide businesses and individuals with the quality of the verification data they require.
  • To provide customers with a simple and easy to use interface with fast / secure payment (DBC token).
  • To build trust and confidence between end users and data sources.

How does DataBlockchain work?

  • nformation companies are large companies that specialize in selling data to other corporations, such as market analysis, customer testing, and more. Data Blockchain is an ICO trying to break into the industry and change the way it works by using blockchain, as you might guess.
  • The additional transparency of the operation on the blockchain means that they basically change the way the data market operates. Along with this technology, Data Blockchain will also use AI to provide data from scratch, creating a much more efficient process.

DataBlockchain solves what problem?

Data is too expensive: Because data companies refuse to cooperate with absolute suspicion, their information costs are greatly exaggerated, causing the company's resources to shrink. Data Blockchain hopes to provide their information for a much more reasonable price.

It is too hard to find relevant data: From finding suitable human information can be a bit of a slow process, using data from Blockchain AI is one of the creative practices of they.

Advantages of DataBlockChain

  • No need to resort to multiple data providers;
  • Providing end users with an easy-to-use interface with a fast payment system;
  • Ability to monetize data for data source providers;
  • Ensure a high level of trust between the end user and data sources through transparency, the ability to trace and verify the data provided.

Smart Indexing Engine

DataBlockChain.io utilizes an open source Smart Indexing Engine (SIE) to index all data sources and assign confidence scores on the sources. The SIE constantly checks and reevaluates the sources updating the scores.

The SIE uses predictive analytics to create an appropriate score. The AI in the SIE quantifies each of the discrete values to build an evolving quantitative analysis. Through sample population validation, a qualitative component is built to accompany the quantitative analysis. The SIE periodically runs performance evaluations and uses past performance modifiers to learn and adjust the score.

The scoring algorithm takes into account the speed of the data source, the age
of the data, the amount of data available, the quality of the data based on source metrics, the attributes available, coherence with other data sources and validation of a sample population.

The data sources with higher scores receive preferential treatment as long as query parameters are observed.

The SIE connects to data sources using smart Blockchain oracles called DBCOracles (based on Chainlink/ Oraclize).

Smart Contracts generated by DataBlockChain.io contain the signatures of the DBCOracle for full traceability.
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Blockchain Integration

DataBlockChain.io utilizes the Ethereum Blockchain and Smart Contracts for all transactions and payments. Blockchain is a secure transaction ledger database that is shared across a distributed network of computers. Blockchain uses state-of-the- art cryptography to keep transactions secure. The ledger stores immutable records and cannot be hacked. The Blockchain adds trust across transactions.

The Ethereum Blockchain empowers DataBlockChain.io to make complex payment contracts to diverse data sources. DataBlockChain.io supports Smart Contracts for transactions, payments and auditing. It allows existing data sources to have full faith in the transactions and payments. Transactional history includes data sources used, records obtained from each source, and payments made to these data sources. Every Transaction can be Audited. The Blockchain protocol keeps these transactions transparent, immutable, and verifiable.
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DataBlockChain.io utilizes IPFS to store the completed transaction record. This record allows Data Providers to scrutinize their transactions to
check data usage and payouts. A cryptographic hash pointer to the full transaction is stored in the public Ethereum Blockchain for full auditability. Data Providers can view a complete breakdown of their transactions using a Management UI provided by DataBlockChain.io.

DBC Wallet

The current process for using utility tokens is very complex and not user friendly, thereby limiting potential usage.

The user will require multiple wallets and a technical understanding of Exchanges , Ethereum, Wallets, and Token Exchange. The process is complex and involved. The steps include:

  • Creating an Ether wallet that has access to the main Ethereum network. (This is a complex process that involves many steps and an understanding of Private and Public Keys)
  • Use an exchange to purchase Ether which is stored in the exchange wallet. (Some exchanges allow Fiat to Ether purchase but others require you purchase BTC separately and then convert the BTC to ETH)
  • Transfer the Ether from the exchange wallet to the user wallet. (Needs an understanding of wallet addresses and exchange fees)
  • Find the Token Sale for DBCCoin and transfer ETH using a Smart Contract to exchange for DBCCoin. (Requires an understanding of Smart Contracts, Gas, Wei, and Transaction Hashes)
  • Use DBCCoin for purchases by sending DBCCoin to a transaction address.

THE DBC WALLET MAKES A COMPLEX PROCESS SIMPLE
DBCWallet is a browser extension that allows the user to store DBCCoins and use them to purchase services on DataBlockChain.io with a few clicks.
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The DBCWallet creates a secure local Ether wallet that is stored on the user’s computer. DBCWallet creates a simple process for the user to purchase Ether through a trusted exchange. The Ether can then be easily exchanged for DBCCoin with one click using the wallet. The DBCWallet can be used to pay for transactions on the website like a credit card.

DataBlockChain Token & ICO

DBCCoin is an ERC-20 Token (with ERC-677 functionality) that is implemented on the Ethereum blockchain. DataBlockChain.io utilizes Smart Contracts written in Solidity for transactions, auditing and payments. The DBCCoin tokens will be used for transactions on DataBlockChain.io and be used to remunerate Data Providers. The DBCCoin token will also function as an essential marketing tool for DataBlockChain.io as it will serve as the basis for the Rewards Program as well as incentivizing partners through a Promotion Program. These functionalities will be fully supported in the Smart Contract using Solidity.
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  • Total Token: 870MM
  • Token Code: DBCCoin - Platform: ERC-20
  • Total number of sold shares: 522MM (60%)
    Pre-Sale: 100M Tokens
  • Pre-Sale (27/05-21/06)
    Total code sold: 164.58MM
    Price: $ 0.08 ($ 0.12 / 50% Bonus)
  • Public-Sale (27/06-21/07)
    Code for sale: in sale code: 257.42M
    Price: $ 0.12
  • Group / Advisor Allocation: 221.1MM (25.41%)
  • Bounty Campaign: 10MM (1.15%)
  • Air Drop / Marketing: 10MM (1.15%)
  • Exchange / Reserve: 106.9MM (12.29%)
  • Minimum purchase for Pre-Sale: 1 ETH
  • Minimum purchase for Public-Sale: 0.1 ETH
  • All unsigned Tokens will be burned
  • Team members will be on a 12 month vesting
    Schedule with 25% released quarterly
  • Soft Cap: $ 10 million
  • Hard Cap: $ 50 million

Roadmap

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Team & Advisor

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Project Partners

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For More Information About Datablockchain, Visit Us:
Website: https://www.datablockchain.io
Whitepaper: https://www.datablockchain.io/pdf/whitepaper.pdf
Bitcointalk ANN Thread: https://bitcointalk.org/index.php?topic=3361159
Telegram: https://t.me/DBCIO
Twitter: https://twitter.com/DBC_IO
Facebook: https://www.facebook.com/datablockchainio-210421122875853
Medium: https://medium.com/dbc-io
Reddit: https://icobench.com/ico/www.reddit.com/r/DataBlockChain_IO
GitHub: https://github.com/DataBlockChainIO

Author: tommisetiyawan
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1930443
Eth Address: 0x851db1653D006AaC0fB4fa19cE826b2a135600ff

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