Databroker DAO: marketplace sensors on a blockchain
About ten years ago the sensation around a phrase "The Internet of things" has begun. No, at that time it was no revolutionary break in technologies. Just following the results of 2009 analysts have realized that the quantity of the most usual things for our life connected to the Internet has appeared more than people users of network.
And we devote this review to the DataBroker DAO project which wants to put the market of these sensors — IoT-devices — on blockchain rails.
The market of IoT isn't so small. He is estimated in hundreds of billions of US dollars. According to data of Statista cumulative expenses installation of new IoT in 2017 made 847 billion US dollars that is 10% more than previous year.
According to analysts this branch will continue to grow because represents big network of sensors which work together on data collection and to independently perform operations a part of these data at once gives in to the analysis at the hardware level. IoT — very perspective concept considering development of other technology — artificial intelligence. But we will talk about it in other part of the review.
Now let's deal with problems of this market as to whom the DataBroker DAO team offers. This not just the craze is an opportunity to unite given to give access to these to these the interested consumers, third-party from the owner, from a set of proprietary sensors to give the chance to owners of sensors to reduce the costs for sensors and their infrastructure. And as a result to create the new market — the market of IoT-data.
Owners of sensors invest considerable money in their installation and service for needs of the business, at home, of the city. And analysts say that these expenses will grow at Statista.
"Why also here blockchain?" — you will think. The specifics of the majority of sensors consist that they are installed for personal needs (production, logistics, a research) data from them will be transformed through locks in clear for a signal and transferred to servers or the owner's cloud. Then they are used for "personal needs" and most often on it all. But information from many such sensors can be necessary also to producers of adjacent area to researchers to various funds.
For purchase of data it is necessary to find whether there are they to whom belong will agree about purchase and even during perfectly carried out work data can be incomplete. Though the market of services in collecting and consolidation and enrichment of data exists for a long time and develops.
Now it is a high time to think of advantages of the DataBroker DAO platform:
- an opportunity "to beat off" the investments in IoT;
- to avoid costs for IoT by purchase of the data collected by someone else's sensors;
- will increase the level of analytics having supplemented the data with data from other sensors;
- one more niche for investment — to invest money in sensors for expansion of network of those this on which there is demand;
- studying of international experience by gaining access to data of IoT-sensors worldwide.
Advantages it is possible to find much. And one of the reasons is that authors of DataBroker DAO don't suggest to change cardinally existing IoT-network and only to connect those data which they are ready to share to the platform.
For this reason will mainly use not dAPP and dAPI application of which is directed to interaction with the operator of a lock by handlers of data and sets of big data on the party of the buyer but not on the party of the owner of the sensor or light buyers.
Such approach removes a problem of system failure because of an overload on confirmations of record of a chain. But use of a blockchain of Ethereum allows to use smart contracts which will work for transactions with data.
Concerning transactions and in general monetization of this process that authors of the project arrive very nobly taking away the commission of only 10%.
The team seriously to treat the project and has ordered in ZK Labs audit of the smart contract for sale DTX token. It is possible to study the report on the page the project in Github. Who wants to participate in public sale of DTX — it is necessary to hurry — she will begin already on April 26 and not to forget will study the instruction for purchase.
In the following parts of the review we will consider what is already made for implementation of plans and more specifically we will consider the possibilities of application of this platform as it will change our life to the best.
Links:
Website: databrokerdao.com
White paper: whitepaper
Telegram: https://t.me/databrokerdao
Twitter: https://twitter.com/DataBrokerDAO
Facebook: https://www.facebook.com/DataBrokerDAO/
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