DAO DATABROKER - A PLATFORM WHERE YOU CAN BUY AND SELL SENSOR DATA
Many blockchain based platforms emerged recently that offer the purchase and sale of cryptocurrencies. Several people want to make their fortune by investing in such platforms. While many other platforms are offering the similar features, the DAO DataBroker is based on a completely new concept. It is new, it is unique, and quite beneficial in many ways. Continue reading to reveal more about this platform.
What is DAO DataBroker?
It is a blockchain powered ecosystem, designed specifically to promote the monetization of IoT sensor data. This platform is offering solutions to turn sunk cost into continuous revenue generating streams. The internet will soon connect everything we use in our daily life. Currently only a few internet enabled devices generate information, but soon there will be an abundance of such devices. These devices will gather the data via sensors. The information currently collected through those sensors gets wasted today. The DAO DataBroker will provide products that will use that sensor data and monetize it in an open decentralized marketplace for the benefits of individuals, companies, researchers & governments.
Why DAO DataBroker is a great solution?
This platform is a great solution mainly because it is going to offer a decentralized smart contract based marketplace on the ethereum network for selling of sensor data. The developers are offering a unique platform where participants from different fields can trade for the IoT sensor data. The data processors, sensor owners, and the network proprietors will join this platform to share the IoT information staking some of their DTX tokens.
The process involves the gateway operator's which are located all around the world running their own blockchain Ethereum mainnet node and on DatabrokerDAO API which is open source thereby linking buyers through the datacenter to the Sensor owners who are paid 80% of DTX Token for generated data. The plaform and gateway operator's get 10% respectively of each transaction.
Use Cases for DataBroker DAO’s marketplace:
You might be wondering how beneficial DataBroker DAO is. You can assess its value by checking the use cases of DataBroker DAO’s marketplace listed below.
Try out the market place here:
Academia:
The colleges and universities can gain the information via thousands of sensors by paying a very reasonable price. It will help the students in capability of the research projects and introduce them to a never ending world of data.
Agriculture:
All the farmers want to get dependable details on the weather in their region. The DataBroker DAO can generate reliable weather information in real time by using the sensors installed across the nation. It will increase the productivity and efficiency of the farmers.
Smart Cities:
This company believes that the upfront cost of the population towns will reduce if the city management installs the IoT sensors across the city. The details generated through the IoT sensors will be sold to the farmers, environmental agencies, and other agencies. It will generate money for the city.
Environmental studies:
The environmental issues like global warming, pollution, population, etc. are some major issues. The environmental agencies need reliable data to deal with these issues. The IoT sensors can generate the required data that can be shared via DataBroker DAO platform.
Conclusion
After assessing the use cases for DataBroker DAO you might have understood that it is beneficial in many ways. Every business and every agency needs data. The smart devices of this age are generating data, but there is no way of utilizing that Big Data.
DataBroker DAO is offering a unique solution to use that data. This platform is going to bring some revolutionary changes that will be helpful for the people and business organizations across the globe.
Join The DTX Token Sale
Register for the token sale here
Start date: April 26th, 2018 4PM CET
Rate: 8000 DTX Token / ETH
End date: June 30th, 2018 4PM CET
Lock-up: 4000 DTX Token / ETH
There is a referral system in place before and during the token sale, where a bonus of 5% is given on the tokens sold via a referral link.
DTX Token Trading
Starts: July 7th, 2018
Partners
Team
Advisors
For more insight into the project and questions visit these links below:
Social Media Pages
Congratulations @flintcode! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Click on any badge to view your Board of Honor.
To support your work, I also upvoted your post!
For more information about SteemitBoard, click here
If you no longer want to receive notifications, reply to this comment with the word
STOPDo not miss the last announcement from @steemitboard!