Databroker Dao -monetize your sensor data- ico is live
Since the popularization of the blockchain technology, it has proven itself to be able to challenge the status quo and change all aspects of how things were been done in the past for good.
The aspect blockchain is going to change around this time is the use of data from IoT sensors through the DataDao platform;
Organisations,companies, as well as the government invest billions of dollars yearly on sensors inorder to obtain,generate and interprete data that will promote the efficiency of its operations, forsee unseen circumstances and reduce cost. However the data generated from this billion dollar devices or equipment or facilities after it has been used for its primary purposes are locked up away to waste with no usefulness or utilization whatsoever. Also the owners of these sensors see the cost incurred in purchasing,installing and maintaing IOT sensors as a sunk cost which cannot be recovered, however Databroker DAO wants to change this trajectory.
what is Databroker DAO?
Databroker DAO is a decentralised market place where trading of data generated from IOT sensors happens between the sensor owners and data buyers. Databroker DAO,a platform built on the ethereum blockchain gives an opportunity for this data to be monetized and never under-utilized unlike the way it used to be in the past. Through DAO, owners of sensors would be able to recoup part or if not all(on the long run) of their investment.It will also save individuals or organisation the cost of buying hardware devices that will serve as sensors. This category of people will be known as data buyers on the databroker dao ecosystem. You can just go on to DatabrokerDAO to purchase any data on any field of any location you need. For instance a farmer that wants to check the soil moisture of a farm or an area can just go on databroker DAO platform to buy that data without stress.
Databroker DAO will make this happen through implementation of replicated multitude sensor gateway operators around the world. Anybody will be able to buy data available anywhere irrespective of the location thereby making the databroker dao platform a global market for local data.
Not only the sensor owners, data buyers and gateway operators will be a beneficiary of this project, data processors or data processing companies will be opportuned to be able to buy raw data for the sole purpose of enriching it either for a resale on the platform or for an external use.
The DTX token will be used for every operation on the platform and will serve as the currency of the ecosystem.
Token sale details
Token sale is currently live to the 30th of june. So buy your DTX now.
Token price: 1DTX= 0.12USD
For more details;
website:https://databrokerdao.com
Telegram:https://t.me/databrokerdao
Bitcointalk Ann: https://bitcointalk.org/index.php?topic=2113309.0
With too many noise in the crypto space. The DLT has brought a great Change to how business operates and shed light into the workings of corporate entities in handling our data.
I do await to see the improvement of data management through the DLT