DataBroker DAO is making a historic entry into the concept of the Internet of Things with the decentralized data market that they are creating.
Since the incorporation of sensor data collection in IoT devices, all the data that has been gathered has been locked up in data silos. In more explanatory terms, these sensor data generating companies use the data gathered by the sensor devices for their benefit only and most of it is not actually utilized but just locked up. This data is also very valid by many other companies for better work flow and customer behavior studies: an example is an insurance company using IoT sensor data to access how devices that have been insured are being handled.
The DataBroker DAO platform will be a peer to peer market place for IoT Sensor data based on smart contracts off the ethereum blockchain. The IoT data will be valued using the DTX token and will be put up for sale by the data sensor owners on the platform. Other companies or individuals that need this data can now pay in DTX tokens and access this data. Data can even be bought, processed and then resold in more organized form to other companies.
The DTX token is a utility token in the Databroker DAO platform. The DTX token is an ERC20 compliant token. The token will serve as the credits to buy and sell sensor data within the platform.
Details on the token sale are as follows:
TOKEN NAME: DTX
TOKEN PRICE: 4000 DTX per ETH.
CURRENCY ACCEPTED: ETHEREUM
PRE-SALE DATE: MARCH 19TH, 2018 4PM CET (50% OFF)
MAIN SALE DATE: MARCH 26TH, 2018 4PM CET
A beta version of their platform can be tested at beta.databrokerdao.com
For more info:
Telegram: t.me/databrokerdao
Thread: https://bitcointalk.org/index.php?topic=2113309.0
Website :https://databrokerdao.com
Twitter: @databrokerdao
FIN!
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