Securing, Storing And Exchanging Your Data Is Possible With Datum Ecosystem

Data collection is one of the most lucrative and profitable business in the 21st century as it entails our personal information. Different platform have been put in place to effectively manage our data but none have been able to live up to expectations.

Research shows that data creates a direct source of value as it has become part of our lives. It is possible for big companies like Facebook, Google, Yahoo to get more of our personal information as it is part of their requirement when an individual decides to create an account with them and some individual took it upon themselves to utilize this platform as medium for storing their data.

The data marketplace is a fast growing one because of the needs for data. Research also shows that the markets keep increasing at a record of over 250 billion dollars yearly. Most big companies today are in dire need of data. The need for data creates an avenue for different cyber-criminal activities such as hacking to take place and there is an urgent need to curb and reduce this activities.

In this content i shall be analyzing the Datum ecosystem in general and Datum as the best solution to all the existing problems data owners have face over the years.

The DATUM Ecosystem
Datum is an organize platform as it provides additional security for users data and also help in creating an extensive solutions to the existing data problems as well as ensuring users get rewarded for their data by monetizing it for them. Hence, Datum is a blockchain base platform with aim to completely decentralized the existing data marketplace for user's satisfaction.

Datum is a platform that enhance trust and bring transparency among both parties as it create a platform that is scalable and highly dependable in the marketplace. As a revolutionary platform, Datum will finally put an end to data exploitation's by the big company and help user's to manage their data effectively.

As part of its development to monetize data for user's, Datum platform will reward data collectors in form of token and also data owners are not left out as they will be allow to sell their data to any company of their choice and get rewards in form of datum token.

The ecosystem is made up of various components put in place to ensure the smooth running of the ecosystem and i shall be analyzing these components briefly;

1. Users: This can be refer to as the backbone of the data ecosystem as they are the sole purpose for the creation of this platform. User's are those set of individuals that generate these data from the developed technology.
2. Storage Nodes: This aid in providing additional security for user data. It is a decentralized database with maximum capacity.
3. Datum Marketplace: This help to connect the user's in the ecosystem directly with the data consumers and this has been made easy with the datum client app which is in Web, Android and iOS version. The beauty about the datum client app is that it has a friendly interface.
4. Data Consumers: These are big tech companies that are in of these data and Datum create a suitable avenue for them to easily purchase data through the datum marketplace with the help of the datum client app.
5. Datum Token User's: this can be refer to as the holders of the Datum tokens and they can get access to this token either from the sale of their data or from the various cryptocurrency exchanges. The Datum token is an etherum base token, ERC-20 compatible with symbol DAT

The Datum Token Economy
Token Symbol: DAT
Token Type: Utility
Token Platform: ERC-20 compatible
Token Standard: Ethereum
Token Total Supply: 3,000,000,000 DAT

In conclusion, Datum will completely transform the data marketplace and creates an effective platform that will help users to have full access over their data as well as being able to manage, store, transfer and sell their data to any big data company with maximum profits and guarantee security.

For More Information, Kindly Visit these links:
Website: https://datum.org/
WhitePaper: https://datum.org/assets/Datum-WhitePaper.pdf
Telegram: https://t.me/datumnetwork
Twitter: https://twitter.com/datumnetwork
Facebook: https://www.facebook.com/datumnetwork
LinkedIn: https://www.linkedin.com/company/datumfoundation
ANN Thread : https://bitcointalk.org/index.php?topic=2049312.0

Author's Bounty0x Username: capableuwa