Data vendors in today’s data marketplace are searching for a new way to help them leverage their data to help them expand their customer reachability while doing so in a way that is transparent, efficient, democratized and secure.
DataBlockchain.io helps data vendors achieve these goals in a few different manners that will be discussed in the following:
Transparency
DataBlockchain.io is able to provide a new level of transparency to the data marketplace that has been largely missing since its inception. Data vendors will now be able to see the transacting data between the prospective buyer and themselves on the Blockchain in real-time. No longer will data vendors wonder if or when their payment will be received for the data that’s been sold. Thanks to the Blockchain and its many underlying features, data vendors will be provided a new layer of transparency to the purchasing process of their data that was previously not afforded to them.
Efficiency
To start, DataBlockchain.io will have over 3 billion records already in place for its platform. The system has been meticulously crafted to handle large transaction volumes and large amounts of data records at the same time. This greatly helps data vendors in ensuring them that their data gets transacted in an efficient manner that satisfies their customers requirements while also allowing for large sums of their data to sold at the same time.
Democratization
DataBlockchain.io also helps data vendors in that their data can now have the opportunity to become globalized. If a business is seeking to enter a new market internationally, data vendors will now have the opportunity to market their data to this said organization through DataBlockchain.io and thus have enormous growth opportunities afforded to them. In addition, data vendors now can sell as much or as little data as they want, paving the way for them to reach a whole new market of customers that previously would not have been available to them.
Security
In today’s ever-expanding data world, security is of utmost importance. DataBlockchain.io uses industry-standard security for its in-house data and ensures that data from third party vendors on the platform is secured as well. Not only this, the data transaction is secured in real-time on the Blockchain, ensuring that the data vendor knows exact details such as the time and cost of a transaction.
Overall, DataBlockchain.io will help data vendors in many different ways from being a more secure platform for data transactions to adding new layers of transparency and efficiency to the data marketplace. The future remains bright for data vendors in a globalized data marketplace.