Data Blockchain Review
About Datablockchain
While BigData has traditionally been available only to big companies, DataBlockChain.io lowers the barrier for entry and expands our potential client base to include small, medium and large businesses around the globe as well as ICOs seeking data for their new ventures.
DataBlockChain.io will collaborate with a network of diverse data partners contributing billions of data points from thousands of sources.DataBlockChain.io will manage and help monetize their data helping those data partners reach a broader global audience of potential customers.
When a customer places an order on DataBlockChain.io that uses the data partners data both DataBlockChain.io and the data partner will get a percentage of the data that was purchased. The DataBlockChain.io approach will streamline and maximize profits for all parties involved.
REVENUE MODEL
While BigData has traditionally been available only to big companies, DataBlockChain.io lowers the barrier for entry and expands our potential client base to include small, medium and large businesses around the globe as well as Token Sales seeking data for their new ventures.
DataBlockChain.io will collaborate with a network of diverse data partners contributing billions of data points from thousands of sources. DataBlockChain. io will manage and help monetize their data helping those data partners reach a broader global audience of potential customers.
When a customer places an order on DataBlockChain.io that utilizes a partner both DataBlockChain.io and the data partner will get a percentage of the sale. The DataBlockChain.io approach will streamline and maximize profits for all parties involved.
There are three distinct revenue models
1. Primary Revenue Model
a. Big Data Partner contributes via API
Data is not hosted by DataBlockChain.io but is Indexed by the SIE 20/80 Rev Share Model
2. Secondary Revenue Model
a. DataBlockChain.io’s Data
Data is Locally Stored in a Secure Data Warehouse 100% Revenue
3. Tertiary Revenue Model
a. Data Partners Onboard Data to DataBlockChain.io
Data is Locally Stored and Secluded in a Secure Data Warehouse 50/50 Rev Share Model
DataBlockChain.io has an exclusive agreement with Appsbar.com, the leading DIY mobile app development community, and its 2+ million small business users to provide consumer data leads from its Blockchain powered platform. Appsbar.com is renowned for its users being early adopters to new technology and embracing multi-channel marketing to best serve their small business users.
ABOUT MEDIA DIRECT
Established in 2008, Media Direct, Inc. is a leader in the digital data industry. Product lines include Email and Digital Marketing, Consumer/Business Data Analytics, Direct Mailing Data, Data Enhancements and Hygiene, and Data Modeling and Analytics. Media Direct, Inc. has a talented team of developers that build in-house proprietary solutions for Data Analytics and Mobile+Web Application Development. Media Direct, Inc. provides data and marketing services to a large portfolio of Fortune 100 Brands and Leading Agencies such as Verizon, AT&T, Wells Fargo, Nissan, Chrysler, Harte Hanks, Ford, Chevy, Lifetime Networks, and Walgreens. Media Direct, Inc.’s core areas of expertise include: Automotive, Consumer Package Goods, Travel, Financial, and Political.
BLOCKCHAIN INTEGRATION
DataBlockChain.io utilizes the Ethereum Blockchain and Smart Contracts for all transactions and payments. Blockchain is a secure transaction ledger database that is shared across a distributed network of computers. Blockchain uses state-of-theart cryptography to keep transactions secure. The ledger stores immutable records and cannot be hacked. The Blockchain adds trust across transactions.
The Ethereum Blockchain empowers DataBlockChain.io to make complex payment contracts to diverse data sources. DataBlockChain.io supports Smart Contracts for transactions, payments and auditing. It allows existing data sources to have full faith in the transactions and payments. Transactional history includes data sources used, records obtained from each source, and payments made to these data sources. Every Transaction can be Audited. The Blockchain protocol keeps these transactions transparent, immutable, and verifiable.
DataBlockChain.io utilizes IPFS to store the completed transaction record. This record allows Data Providers to scrutinize their transactions to check data usage and payouts. A cryptographic hash pointer to the full transaction is stored in the public Ethereum Blockchain for full auditability. Data Providers can view a complete breakdown of their transactions using a Management UI provided by DataBlockChain.io.
DBC WALLET
The current process for using utility tokens is very complex and not user friendly, thereby limiting potential usage.
The user will require multiple wallets and a technical understanding of Exchanges , Ethereum, Wallets, and Token Exchange. The process is complex and involved. The steps include:
1. Creating an Ether wallet that has access to the main Ethereum network. (This is a complex process that involves many steps and an understanding of Private and Public Keys)
2. Use an exchange to purchase Ether which is stored in the exchange wallet. (Some exchanges allow Fiat to Ether purchase but others require you purchase BTC separately and then convert the BTC to ETH)
3. Transfer the Ether from the exchange wallet to the user wallet. (Needs an understanding of wallet addresses and exchange fees)
4. Find the Token Sale for DBCCoin and transfer ETH using a Smart Contract to exchange for DBCCoin. (Requires an understanding of Smart Contracts, Gas, Wei, and Transaction Hashes)
5. Use DBCCoin for purchases by sending DBCCoin to a transaction address.
Information ICO
Token DBCCoin
PreICO Price 1 DBCCoin = 0.08 USD
Price 1 DBCCoin = 0.12 USD
MVP/Prototype Available
Platform Ethereum
Accepting ETH
Minimum investment 1 ETH pre-ICO, 0.1 ETH ICO
Soft cap 10,000,000 USD
Hard cap 50,000,000 USD
Country Cayman Islands
Whitelist/KYC KYC & Whitelist
*MVP, the Minimal Viable Product, will demonstrate the capabilities of the system and have a functional UI for querying and purchasing data. The query system will utilize the Smart Indexing Engine Beta. The payment system will utilize Blockchain technology.