Hello,
Did you know: Data turns out to be more important than Software?
Well, this is what Tim O’Reilly, Founder of O’Reilly Media has to say! Of course, you read it correctly, we are now fast moving towards a world where ‘data’ seems to be power packed than ‘software’. This shall further lead us to a whole new lot of opportunities while letting ‘data originators’ either lose out or take complete control of their data is a reality.
Difficult Times Resolved
It is indeed quite a tricky situation because the data that you, me or any other alive or dead person has is evenly shared by various social networking sites even without our knowledge! Such news may come as shocking to most of us readers but that is what these websites or portals are doing.
Have you anytime noticed that whenever you open your email account, you witness advertisements similar to the emails you received? The answer for this lies right before you: brains behind these networking sites make use of email message and display specific ads only. In other words, your data is kind of shared by third-party users.
Solution to the Game called Data Privacy
Hence, ‘Datum’, the new age warrior is here in order to provide a network that is built on ‘Secure Smart Contract Blockchain’. In case you question as to why is Blockchain being used as a platform then continue reading to find the answers for this :
Use of Blockchain Technology in Datum
->Decentralized Data Store System is responsible for storing ‘data’ in a secured fashion.
->It runs on ‘Smart Contract Blockchain’.
->‘Earn Revenue’ from your data as per your terms.
->DAT Tokens enable ‘sharing as well as data storage’.
->DAT Tokens responsible for payment.
->Datum makes use of ‘BigchainDB and IPFS’ for ‘decentralized data storage backend’.
In short, Datum Network permits users to control their data and if they wish then monetize it for their benefit.
This is the ‘future of data storage techniques’ say some experts. Let us wait and decide for the same.
For More Information Please Visit : -
Information Source-->Website, White Paper
All Image Source--> Website, White Paper
Thanks And Regards,
@yuvadeep
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Bounty0x Username : - yuvadeep
Bitcoin Talk Profile : - https://bitcointalk.org/index.php?action=profile;u=1172066
Ethereum Address : - 0xdbe3c3b75036d7443824e875a09fc8359a6132b1