What Is Databroker DAO?
DataBroker DAO is the first open market for selling and buying sensor data. Being a regionalized marketplace for IoT sensor data that utilizes blockchain technology, Databroker DAO allows for sensor owners to convert generated data to revenue streams. This opens up an opportunity for wealth generation in various industries. Data will be used and become more efficient.
In the present day, companies utilize sensor data to improve and keep track of their operations. The outcome is a single-purpose data landscape. DataBroker DAO initiates the evolution towards ‘smart living’ ensuring the data is ready and easily accessible to cities, organizations, businesses, and entrepreneurs at a reasonable price.
How Databroker DAO Uses Sensor Data To Facilitate Conversion Ideas Into Value Adding Services
First, Databroker DAO provides a distributed foundational layer for buying and selling of the IoT sensor data. As a result, the expectation is that unimagined uses of data that the entrepreneurs, researchers, and organizations from around the world have in their minds will materialize to create incredible value-adding services which improve the quality of life in the cities as well as our societies as a whole.
DataBroker DAO is the first and leading marketplace for IoT Sensor data that looks forward to connecting sensor owners to potential purchasers of the data directly. It utilizes the existing infrastructure from telecommunication services providers in charge of sensor connectivity networks founded on LoRa, GSM, SigFox or through a patented gateway of the owner of the sensor. To some extent, DataBroker DAO can be compared to a “secondary market” for IoT sensor data and has been dubbed an “eBay” or “Amazon” for IoT sensor data.
Data Processors
Data Processors are the Data Buyers who purchase data with the apparent intention of enriching the data then handling it or reselling it to their clients. This enrichment may assume many forms, at the same time, the level of insight provided can categorize data Processors.
a. Simple data services are the commonest. Data brokers amass data from several sources and offer it in collected and conditioned form. This data would otherwise be fragmented, conflicted or unreliable at times.
b. Smart data services provide calculated and conditioned data, with methodical rules and calculations, applied to develop further insight from the data collected and further assist in the process of the decision-making. (for instance; Artificial Intelligence).
c. Adaptive data services apply analysis to request-specific data of customers combined with data in a context store. This form of service is more advanced than the forms above.
Why Databroker DAO Is The Best Marketplace For Blockchain IoT Sensor Data
Sensor owners :They can monetize their data and turn a sunk cost into a prospective money maker and at least the opportunity to recover some of their investments in the IoT sensors.
Network operators : They gain speed and scale in the network adoption process since connected telcos can present a win-back to their enterprise accounts, a clear USP.
Sensor manufacturers : The makers of sensors can stop the 'race to the bottom' for production and as well pull resources and capital out of manufacturing then assign them to profitable SaaS offerings.
Smart city initiatives : These can bound the upfront cost of inhibiting the town with sufficient sensors and turn the expense to investment with a 2 to 3 year payback period as well as a continuous income stream after that.
Agricultural sector : The Agricultural sector in Belgium today, about 10% of the farmers are 'techie.' They install sensors for wind, barometric pressure, temperature, humidity, soil PH level. The Databroker DAO platform provides the possibility to do all these.
Academics : They are likely to access thousands of sensors and buy data directly at a reasonable price in the marketplace, thus wounding out the established data providers.
Summary
Databroker DAO in simple terms is a devolved marketplace for IoT sensor data that utilizes the Blockchain technology. The platform enables sensor owners to convert generated data into income streams. It opens up a fortune, opportunities for several industries and the data used become even more effective.
Token Sale Detail
Pre sale starts : MARCH 19TH, 2018 - 4PM CET
Public sale starts : MARCH 26TH, 2018 - 4PM CET
Ticker : DTX
Public sale Token Price : 1 DTX = 0.15 USD (0.00025 ETH)
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