DataBroker Dao

TL;DR

DataBroker Dao provides a decentralized marketplace where IoT sensor owners can sell the sensor data they accumulate to provide a secondary market to fulfill the massive demand for sensor data.

What is the Internet of Things (IoT)?

You might have seen the Amazon Alexa ad in which a parent is shown helping her daughter with homework, answering her e-mails with voice-to-text technology, ordering her son's extracurricular materials, controlling the house's lighting, and a myriad other things entirely through Alexa.

So, how do so many things in a household connect to a single device? Through the IoT.

IoT, short for the internet of things, has seen exponential growth in the past few years. It's simply the network that holds together all devices that connect to the internet. Any "smart" device has the capability to connect to the internet of things (IoT), and if you take a moment to consider the scope of this market, you will realize everything from (new) fridges to automobiles is now characterized as a smart thing.

By being a part of the IoT, the devices within the network can transfer data to each other.

While certain gadgets and technological equipment exist to be in direct contact with the IoT, many other products can be made to connect to the IoT with the aid of IoT sensors.

The most common type of IoT sensors are shown in the image on the left. These are everyday sensors like proximity sensors, IR sensors, motion detection sensors, and so on. These can be attached to any everyday thing and make it connected with the internet of things, becoming a smart device able to share and receive data with other things in the network. The collected data has an aggregate impact as it allows each independent device in the system to evolve its capabilities based off the improvements derived from the shared data within the IoT.

This market clearly has huge benefits and has seen wide-spread adoption. At present, the IoT market requires companies to expense 100s of billions every year. Much of the data acquired goes unused after the sensor owner has derived personal usage. There is sufficient existing supply of IoT sensor data spread across the market and there is a massive demand for IoT sensor data, and a lot of it already exists.

DataBroker Dao Connects the Market

As the name hints, DataBroker Dao is going to be a marketplace for data--specifically IoT sensor data.

DataBroker Dao connects an existing supply with an existing demand and thereby removes the economic deadweight loss in this market. Every participant in the market benefits.

• Owners of sensors are able to gain additional monetizable value from the data they have already used
• Data buyers are going to be able to have access to a secondary market of data that fulfills their needs at a lower cost
• The IoT as a whole improves as more data is being processed due to lower costs, and this improves the services and products available in the consumer markets

DatabBroker Dao, as the provider of this market efficiency through its marketplace, is able to leverage an income stream for itself and its stakeholders.

Due to the great market value DataBroker Dao brings to the table, the company has already been able to establish a partner network.

You can be a part of the revolution in one of the largest growing markets in the world ny participating in the DataBroker Dao ICO.

Part 2: Essential Information

🌐 Website: https://databrokerdao.com/
💡 Whitepaper: https://databrokerdao.com/whitepaper/WHITEPAPER_DataBrokerDAO_en.pdf
👨 ANN Thread: https://bitcointalk.org/index.php?topic=2113309.0
💻 Telegram: https://t.me/databrokerdao
⌚️ Token Sale: March 26
📃 Ticker: DTX
👂🏻 Token Type: ERC20
🔗 KYC: YES
💰 Accepts: ETH
👔 County: Belgium

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