DataBroker DAO: marketplace of IoT data on the blockchain

Internet of Things provides great opportunities for the development of a wide variety of industries. Today companies have a lot of resources to purchase IoT-data. In order to simplify this process the DataBroker DAO platform was created which will increase the value of IoT-sensors, give their owners profit for the information provided, and purchase data for entrepreneurs, researchers, and organizations on a distributed trading platform. All this opens tremendous opportunities and will allow to realize new ideas that improve the quality of life.

The DataBroker DAO platform provides a peer-to-peer Internet of Things data market. It combines the blockchain technology and so popular Internet of Things. The purpose of the DataBroker DAO is to enable IoT sensors to be purchased or sold in a single distributed market.

To implement transactions on the platform will use its own cryptocurrency DTX. Token sale will begin in late April, 2018. Until this moment you can buy tokens with 5% cashback via referral links. The starting price of the tokens is equivalent to 0.00025 ETH for 1 DTX.

The mission of the project is to accelerate the evolution of the "smart" use of IoT sensor data. Today they have been used by various companies to monitor and improve their operations. However, with the help of such information it is possible to successfully develop new services that help to improve the quality of life. DataBroker DAO strives to eliminate the single-purpose use of IoT-data and make them available for megacities, small cities, and companies around the globe.

In addition, the maintenance of IoT-sensors requires a lot of money which leads to the lack of available information in free access (corporations strictly store them in unique "golden cells"). With DataBroker DAO the data can be monetized and the cost of obtaining it can be recouped. Such an opportunity should serve as a motivation for a mutually beneficial exchange of available information.

The creation of a single site for the sale and purchase of IoT data will bring significant benefits to the numerous stakeholders. First of all, we are talking about the owners of sensors. Now the receipt of IoT-data belongs to the category of irreplaceable costs. With the help of DataBroker DAO this activity can be turned into a source of profit. Therefore, the owners of sensors have a chance to recover the incurred costs or partially recoup the invested funds.

Not less benefit DataBroker DAO will bring to network operators. With the help of the platform they can make their clients a truly unique offer for sale scaling and speeding up their network on mutually beneficial terms with partners. Also, manufacturers of IoT-sensors will be able to stop endless concessions in trying to sell equipment because with the advent of DataBroker DAO the demand for it will increase. For manufacturing companies it is possible to direct available resources to generate more profitable SaaS offers.

The main advantage of DataBroker DAO is that the platform will make available data of IoT-sensors for city authorities, representatives of the agro-industrial complex and agriculture, research organizations. Thus, "smart" city initiatives will be made easier in communication. The initial costs for equipping the urban environment with a sufficient number of IoT-sensors will be significantly reduced. These investments will pay off within 2-3 years and will gradually grow into a source of profit.

Significant costs for obtaining data from the IoT are borne by the owners of farms. Thus, according to statistical data 10% of Belgian farmers use IoT-information to increase the efficiency of their production. They measure with their help the speed of the wind, the exact temperature, humidity, atmospheric air pressure, and even the pH level in the ground. DataBroker DAO will not only make this information publicly available, it will also allow technologically advanced representatives of the agro-industrial complex to recoup the costs incurred.

Research organizations currently have limited access to IoT-data and are forced to contact suppliers of such to purchase information at a very high cost. Thanks to DataBroker DAO prices will become more acceptable and the necessary information can be purchased directly from the owner.

DataBroker DAO created its alliance for business owners, IoT sensors, buyers and data processors, gateway operators to make it easier to restructure into a new interaction format. A separate multifunctional ecosystem in the form of the DataBroker DAO platform will help to build effective and safe ways of cooperation. At the same time, blockchain technologies ensure complete safety and guarantee the authenticity of IoT-data.

To learn more about the details of this project as well as to participate in the purchase of platform tokens visit the official website https://databrokerdao.com/ and read the whitepaper: https://databrokerdao.com/whitepaper/WHITEPAPER_DataBrokerDAO_en.pdf

The official group in Telegram: https://t.me/databrokerdao

Also, you can find a lot of useful information on the bitcointalk forum (ANN thread): https://bitcointalk.org/index.php?topic=2113309.0