A New Frontier in Data Utilization:DataBroker DAO

in #databroker6 years ago (edited)

As the world becomes more interconnected with technology converging our activities, a huge amount of data is being generated. Data from sensors in our homes and industries are commodities with values that can be traded. The goal of Databroker DAO is to provide a platform(a global market place in a sense) where these commodities can be exchanged between sensor owners and buyers that need them .

There are billions of data available from sensors located in homes and industries owing to the fact that the world is approaching a point where virtually every of our items will be interconnected(internet of things) . Whereas billions of data are being churned out globally every day from billions of sensors used in homes, industries research institutes and government agencies it will require an aggregated, analyzed and enhanced data stream for the kind of value anticipated by DataBroker DAO to be achievable. With Databroker DAO data that would have been dormant and would be made available in a global marketplace for exchange between sensor owners and end users.

While the market potential for databroker might not be easily estimated, one could draw an inference from the market value of the sensors which runs into billions to conclude that the databroker market should be in billions too. DataBroker DAO is pioneering a business revolution to tap into a locked up utility. With this amount of data in view, the expectation is that more businesses will be spinning off thereby widening and broadening business opportunities. The data sensor environment is a virgin ground waiting to be tapped into by investors. It is therefore a no brainier that investors more especially those that have seen the abounding opportunities in the crypto currency ecosystem should embrace what DataBroker Dao is offering
The Databroker DAO has DTX as its utility token. This will be used for the buying and selling of data under the DataBroker DAO platform

OFFICIAL LINKS

ANN THREAD https://databrokerdao.com/?ref=btctalk Website:https://databrokerdao.com
Telegram:https://t.me/databrokerdao Whitepaper:https://databrokerdao.com/whitepaper/WHITEPAPER_DataBrokerDAO_en.pdf
My bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=2184825

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Sensor data is quiet useful because it mitigates charges which other people could have incured while purchasing a new IoT device.

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