DATABROKER: GLOBAL MARKET FOR LOCAL DATA

Introduction:

Automatic sensors are the future in research and development strategies, they have numerous uses in each and every field be it related to lifestyle to military grade purposes, they make life easy. It would not be an exaggeration to say that the IoT is solely built on the strong roots of sensors. The global market share for IoT sensors has increased and it has crossed over 600 Billion USD per year and increasing gradually, which as estimated by experts is that will be doubled within the span of three years. And with the innovation of blockchain technology and its implementation in the IoT sector has increased the possibilities towards innovative solutions thus the growth. There are a lot of investment opportunities pouring in the marketplace as there have been increased deployments in sensors, the global market is expected to grow up to 1.2 Trillion USD by the year 2019. But the main issue that is holding back is the high operating costs. This is avoiding the data collected by the sensors to reach its best potential limit, which is holding back the society altogether.

Here comes the savior Databroker DAO unleashes the potential of and provides the creation of new transversal value-added services. Databroker DAO will be the first of its kind in the IoT marketplace that will connect the developers, sensor owners to the right purchasers, who will create a healthy ecosystem of supply and demand, in the simplest of words the Databroker DAO platform will behave as a marketplace for IoT sensors as 'eBay' or 'Amazon'.

ABOUT THE COMPANY

Databroker DAO was founded online as a website in the early stages as databrokerdao.com

This company is totally backed by the blockchain technology with an aim to monetize the IoT sensors on a larger scale, by providing a stable revenue return system. Databroker DAO wants to sell the sensor data and get the right price for it in the marketplace.

In, today's digital world people are completely surrounded by digital devices and the human lives are dependent on it, all these devices stack up some data which are put to no use and are just stored away, Databroker wants to be the change that helps people generate some income with the stored away data.

The main aim of the company is to create a marketplace that brings together all the different sectors of sensors into one big platform.

All the data being collected is just stored, and never utilized but the data is still collected anyway, thus Databroker DAO wants to change these terms, such that the data must be put into good use for research purposes and whatnot, and while it gets used why not people be benefited with it.

This business will be having a great future in the following sectors as they have the largest number of sensors in use.

Manufacturing and natural resources-

There are a lot of companies that have initiated the use of sensors for various operations. The sensors take down data of a particular quantity that helps in making decisions and improving the product better so that the efficiency is increased.

Transportation-

The traffic mapping and statistic data are uploaded in the mainframe of the system, with these data inputs companies or vehicles track their travelling period, for a certain piece of work. It may be even planning for an efficient route that helps chart out a shortcut that will help reach the vehicle or container in time. This also covers the public transit vehicles like bus trains or goods carrier services. These sensors help in measuring everything from CO2 emissions to troubleshooting diagnostics.

Utilities and Government-

The sensors help in this sectors for micromanaging things and the course of events, for providing services to the clients including smart grids and smart meters that work automatically with a single command of a button and electricity and water is supplied to places out of reach. These sensors are auto detectors for any mishaps, like from water level sensors to detect flooding possibilities. These sensors reduce human effort and provide the best diagnostics.

Smart city Initiatives-

The whole idea is to build on the base of sensors, a smart city would be fully equipped with sensors making human life survival easy, the Databroker DAO platform is supposed to provide a mean to turn the current scenario into a much more creative and beneficial ecosystem.

Agriculture -

With the help of the sensors, farmers can now micromanage even the smallest of things, right from controlling the water flow to making sure that full field gets the equal supply of resources. The sensors are capable enough to measure temperatures, pH level of the soil. With these inputs, it makes it easy for the farmer to make sure that the crops receive the resources as needed and how much is needed. This saves a lot of costs for the farmers.

TOKEN DETAILS :

108,000,000 tokens will be made available for the token sale period for fund generation which accounts for 46% of the total token count.

There will be two phases of the token offering, pre-sale and main sale.

The pre-sale event will commence on 19th March 2018 At an ETH price of 1000 USD / ETH, 1ETH will get 4000 DTX tokens. With an additional bonus of 2000 tokens.

The main sale will be a 4-week event which will commence on 26th March 2018, here the tokens will be sold at an exchange rate of 1 ETH= 4000 DTX.

CONCLUDING REMARKS:

DataBroker DAO is a decentralized autonomous organization that aims to create a distributed marketplace for IoT sensor data. This is quite a revolutionary idea, which has a great demand and will grow easily in the coming near future, it would definitely change the way we walk into the future and will define the way we are tomorrow, and this idea is definitely unique and has a lot of potential.

For more details visit:

Website: https://databrokerdao.com

Whitepaper: https://databrokerdao.com/whitepaper/WHITEPAPER_DataBrokerDAO_ENG.pdf

Btalk ANN: https://bitcointalk.org/index.php?topic=2113309.0

Telegram: https://t.me/databrokerdao

Blog By: Lanirm Knayam

Btalk profile: https://bitcointalk.org/index.php?action=profile;u=1308391