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Databroker DAO - platform for monetization of IoT-data

Many modern companies use information that sensors and sensors read. These data are necessary for carrying out a full valuation, as well as optimizing the ongoing operations. Thanks to this approach, it is possible to create a unified information landscape. Service Databroker DAO provides these data at a bargain price. They can get representatives of city administrations, company executives on favorable terms. The owners of sensors, in turn, can turn the received data into a channel for ensuring a regular profit. This opens up many opportunities in various industries. Using these data will increase their value many times.

Features of the Databroker DAO project

Service Databroker DAO - this is a market that was created to purchase, implement special sensors. In the role of a sensor platform, Internet of Things (IoT) is implemented using Blockchain-technology. The service helps device owners turn ordinary data streams into lucrative streams. Accordingly, it turns out to create opportunities for different industries. The platform performs active interaction with multi-sig contracts, as well as with Ethereum addresses. They are necessary for the implementation of key functions.

The key element of the Databroker DAO platform is the list of sensors, information flows. Due to the availability of the DataStreamRegistry tool, all information will be reliably preserved. Streaming information allows data to be sent in real time. Information in this case comes from the IoT sensor. Its sale will be carried out for a certain period of time. The registry contains data files that can be purchased.

You can select the groups of the following participants who are interested in the DAO DataBroker system:

  • equipment owners;
  • data processors;
  • buyers of information;
  • gateway operators.

Owners of the equipment will sell information from their own sensors. From the amount available to data owners, 80% is assumed. For the location of the sensor on the platform, you must pay a small commission. The purchase of material is carried out in most cases by data processors for resale, as well as processing information for customers. Participants who need data will be able to buy information directly on the platform.

Thanks to the carefully designed structure of the platform, project participants no longer have to invest in equipment to obtain the necessary resources. Gateway operators will help to transfer information to the DAO. Today, billions of devices are functioning to obtain useful information. The equipment is connected via a sensory network (WSN). It is managed by various telecommunications companies. Its opening is provided by the gateway operators. Due to this, the owners of sensors can sell the available information on the platform. As noted above, 80% of revenue goes to the sensor holders, 10% is supposed to the gateway operators, the remaining 10% goes to the DAO to pay off the existing costs.

Architecture Databroker DAO

A key component of the service is a registry of passwords, special sensors, and data files located on the platform. The DataStreamRegistry is planned to store all IoT data streams received from sensors. In this case, streaming information can be transmitted at the required time intervals. In this case, the buyer of the information must transfer the means to gain access to them. The DataSetRegistry will store data that can be purchased later. Users will pay for this information ex post.

The developers of Databroker DAO provided for the buyer's ability to refute the quality of the information received. A protest in this case will be demonstrated in the user interface. Potential buyers will see a negative rating in the overall rating. If the necessary number of protests accumulates, the data will be checked by the administration. Experts can determine that the material corresponds to the declared quality. In this case, the rates of the users who submitted the protest will be distributed between the information seller and the platform.

Such measures encourage sellers of information to maintain a good reputation, as well as to provide data in accordance with established standards of quality. Buyers of the material are advised to report only on poor-quality information in order to recover the existing losses. Users who purchase data are not recommended to file an unreasonable request. Platform administrators handle the disputes that arise as quickly and efficiently as possible. Therefore, in case of questions it is recommended to contact the official representatives of the Databroker DAO platform.

Opportunities for project participants

Databroker members can take advantage of the following features provided by Databroker:

  • network operators: they are guaranteed prompt income accrual. This group of participants provides a clear USP;
  • sensor suppliers: can fully realize their capabilities, and also distribute capital to the optimal SaaS offers;
  • research organizations: access to a huge number of sensors on the platform. They can buy materials directly from the owners at the most favorable prices, rather than from other existing information providers;
  • owners of sensors: can monetize data that can be obtained during the use of special equipment. Due to this, it will be possible to recoup some of the investments that were previously invested in the acquisition of IoT sensors.

DTX token

DTX token Is an ERC-20 compliant cryptocurrency. Members can use it to issue loans on the platform, purchase, and also sell these sources through the Databroker service. DTX Pre-ICO starts on March 19, 2018. At the same time, a 50% bonus is included (the minimum purchase is 10 ETH). The main stage of the sale will take place from March 26 to April 23, 2018. On the first day, customers receive a 10 percent bonus. The cost of 1 ETH is 4000 DTX. For the ICO Databroker 225 million DTX were issued. Hard Cap - 108 million DTX.

DTX token distribution


45% - conducting an open sale

30% - company reserve

10% - for platform development

6,5% - for the first investors

5% - tokens for the team

0,5% - Bounty campaign

Roadmap

In March 2018, preliminary sale of DTX tokens will take place. At this stage, participants will have a bonus of 50%. The minimum purchase amount for this period is 10 ETH. In late April, there will be a trading opening. In the second quarter of 2018, specialists plan to expand the Databroker team. This is necessary to cope with all the requirements that exist in the market. During this period, the integration of gateway operators will also take place. The Databroker service will be implemented with gateways of new operators. Specialists will work on libraries, common standards. Thus, the integration of the system will be simplified to a minimum.

Team

Matthew van Niekerk - Director

Roderick van der Vier - technical manager

Frank Van Gertruyden - Director of MarCom

Els Mayvaert - Project Manager

Tom de Block - Blockchain Architect

Magomet Tsanaev - content creator

The DataBroker DAO project is designed to monetize data coming from sensors in the Internet. Thanks to this, users will be able to obtain information that they did not have access to before. We can say with confidence that the project has a promising future. Entrepreneurs, representatives of organizations will be able to get services on favorable terms.

ANN Thread: https://bitcointalk.org/index.php?topic=2113309.0

Website: https://databrokerdao.com/

Whitepaper: https://databrokerdao.com/whitepaper/WHITEPAPER_DataBrokerDAO_ru.pdf

Facebook: https://www.facebook.com/DataBrokerDAO/

Twitter: https://twitter.com/DataBrokerDAO

Telegram: https://t.me/databrokerdao

Github: https://github.com/DataBrokerDAO

Reddit: https://www.reddit.com/r/DatabrokerDAO/

* Our BTT account - https://bitcointalk.org/index.php?action=profile;u=1473358;sa=summa