Data Blockchain creates better algorithms for big data processing

In today's digital world, the success of your business and the functioning of companies requires competent marketing companies to advertise their products and services, while relying on comprehensive research based on the processing of large amounts of information. The cost of such services is often highly inflated, companies or information professionals who possess such information, require for their services a lot of money. As an alternative, you can keep your own analytical Department, which will collect and process the necessary information. Even taking into account modern database technologies, with the growing amount of information, the staff of such Department will be significant, which may result in significant costs for the company. However, such data is often collected long and quickly out-of-date, and may not be accurate and may not show what may be important. At the same time, the value and demand for targeted and effective information for the digital advertising market, which amounted to $209 billion in 2017, has significantly increased. Thus, it is not possible with the help of such outdated technologies to process big data effectively, so the Data Blockchain project introduces innovative methods of information processing using blockchain technology and smart contracts, thereby helping to optimize various types of business.

Platform Data the Blockchain is a tool for the democratization of big data and create high-quality data to marketing for a variety of business enterprises and individuals. The project Developers created a convenient and consistent user interface, by which clients will access the data sources. The data thus obtained are qualitative, accurate and relevant to the needs of the existing digital economy. Smart contracts and the blockchain ensures the safety, adherence and instant transaction for data producers.

Creating a data Blockchain platform pursues specific goals and objectives. Data providers are well positioned to publish and monetize their data. On the other hand, it is possible to monitor and verify data sources and providers, as the system has a proper level of transparency. Thus, the trust between the end user and the data sources is significantly increased. The main objective of this project is the delivery of reliable and high-quality data for businesses and individuals. In addition, the creation of various applications with a convenient, fast and reliable user interface to access the information provided. Now it will be a single interface that eliminates the need for aprons and a variety of information providers, gives confidence in the reliability of information and guarantees the security of transactions.

Data Blockchain aims to create a unique system with patented information processing technology that is able to combine a variety of databases, such as trade data on customer behavior, credit histories, data from government resources, data processing from various sectors of the economy from industry to agriculture, data properties, etc. At the same time, access to these data will be directly without intermediaries, thus reducing their cost and increasing efficiency. As a result, easy access to quality data will open up for a wide range of business projects, even for small businesses, helping them to retain and increase the number of their customers. Customers will purchase only the data they need, without imposing additional conditions for the purchase of the information they need. In this case, the purchase process will be fully open to any verification, and the delivery of data to the client is guaranteed through the use of smart contracts.

Data Blockchain services fully comply with the legislation adopted in the European Union, namely the General Protection Regulation Act. It is also worth noting trustworthy partners of the Data Blockchain project, such as Media Direct, Virtual DBS, Omni Point, Appsbar.

To monetize the Data Blockchain, it will use the DBCCoin token created on the Ethereum platform. With DBCCoin transactions are carried out, for example, you can pay for services to data owners. Smart contracts of the project are written in the programming language Solidity. The project is already available in alpha version at https://www.dbc.io/. At the time of this writing, the token sale procedure is under way, more details can be found on the links below.