DAO DataBroker releases the currently inaccessible low value potential of data into the creation of the new Added Transversal Value Service. It prevents people with powerful ideas to rely on people with strong operational resources, in MVP, pay-as-you-grow models, as well as financial markets, where the importance and value of corporate data has been seen during several decades, leading to Bloomberg Market Data, Thomson Reuters, FactSet, and more vendors, a similar opportunity will emerge for IoT sensor data.
Doing it with a distributed base layer for purchase and sale of IoT Our sensor data hope that unimaginable data usage will appear to create value-added services that enrich the quality of life in our cities and ours society as a whole.
There are a number of stakeholders in DAO DataBroker including owner sensors, gateway operators, data processors, and data buyers. Below is the definition of each of these stakeholders.
The censor owner is the stakeholder who has purchased the IoT sensor and made it the data emitted from their sensors is available for sale through the DAO DataBroker platform. These are diverse groups who generally buy sensors in sequence to improve the efficiency of their operations. The key role of Sensor Owners in DAO DataBroker is to sell data from those sensors on the platform.
Data Buyers are stakeholders who will buy data on the platform. These purchases may use data in raw form for their own purposes or for buy data with the intention of converting / enriching raw data into resale with added value through DAO DataBroker (see Data Processor below). The use of data purchased by Data Buyers can be very easy, for example, purchasing temperature and rainfall data provided by the neighboring office building to have an accurate local reading to a more complex one.
Data Processors are Data Buyers who purchase data with explicit intent to enrich the data and resell it or handle it for their clients. Enrichment can take many forms and Data Processors can be categorized by the level of insight provided:
- Simple data service is the most common. Data brokers collect data from various sources and offer it in a collected and conditioned form data that would otherwise be fragmented, contradictory and sometimes unreliable.
- The intelligent data service provides conditioned and calculated data, with analytical rules and calculations applied to gain further insights from collecting data and assisting the decision-making process. (for example, Artificial Intelligence)
- Adaptive data services apply analysis to customer-specific data requests that are combined with data in context storage. This is a more advanced form of service.
Sensor owners (data providers) can instantly monetize their data generating passive income that will convert charred expenses into potential money-makers and at least a chance to regain some of their investment in IoT censorship (purchase, installation, maintenance, software licensing to interpret data sensors ). A censor owner will get 80% of the amount received and pay a little
recurring costs to place the sensor on the platform.
Data buyers and data processors get data as a service so there is no need to create them upfront investment in hardware to get the data they need. Another advantage for both types of buyers is DAO DataBroker provides access to data that otherwise would be stuck in the sensor owner data silos.
Gain scale and speed in the application of their network / device because the partners connected to the DAO DataBroker can present a win-back to their company account, a clear USP. This gateway operator is a gateway where data flows into DAO, and as such, they are also immediately paid for each sale on the platform and will receive 10% of the cost. DAO takes the remaining 10% of all funds, depending on market conditions, received on the platform to cover operating costs.
The DTX token is a utility token in the DAO Databroker platform. The DTX token is a token corresponding to ERC20 with 18 decimal places. Token will serve as credit to buy and sell sensor data within the platform.
Regardless of initial usage in the platform, tokens are based on the MiniMe standard.MiniMe Token is easily cloned. This means allowing us to create a new token with an initial distribution identical to the original token in a particular block to increase the token contract, or create a token spin for eg. government.
To determine the market potential and token value in the future, we need to see deeper in potential markets for IoT data.The market size of the main market for IOT sensors grew from 600 billion euros in 2015, to a staggering 900 billion by 2017. The market is projected to reach 1.3 trillion by 2020 and up to 1.6 trillion by 2024.
DatabrokerDAO itself is the result of teamwork in collaboration with managers, developers, consultants, marketing professionals who are skilled and experienced in their respective fields. who strive to give their best abilities in this project. In addition, the team also strives to provide the best benefits and services, to anyone interested in joining the project.
So our ICO review of this project this time, hopefully can increase your knowledge in choosing the best project ICO to you invest. If you are interested in joining this project, or intend to buy token. You can visit their official website and page below:
By, Naldocool2404
Bitcointalk id; https://bitcointalk.org/index.php?action=profile;u=1593008
DatabrokerDAO - Global Market for Local Data
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