In this article, I will be putting into perspective the strategy Databroker DAO choose to employ to make its vision a reality. Databroker DAO employs a passable strategy that will involve four key players/ Participants namely; The data owner, The data buyer, The data processor and the gateway operator.
The IOT sensor owner:These set of people distributed all around the world, are those who purchase IOT sensors ordinarily in other to enchance or better the effectiveness and efficiency of their operations. The keyrole of the iot sensor owners is to provide/supply data generated from their self owned sensor and put it up for sale on the databroker dao.Sensor owners have to stake some of their DTX(data dao token) to be able to put up data for sale on the databroker dao platform.
Data buyer:These diversed set of people come on the platform for the sole purpose of acquiring data they require for their own use or for other reasons. These set of people necessarily don't need to expend funds on hardwares making upthe IOT and sensor, they can just go on to purchase the data of their choice with the DTX token as long as it is available.
Data processor: These are individuals or companies that need data for further enchancement than its was in its former state. They purchase data for the sole intention of fortifying it further than its raw form for a further usage or resale.
gateway operator: These are companies, telecommunication firms and others located in different countries which interprete and control the flow of data from the sensor to the platform. The operators controls the data straight to the location where access was purchased as indicated by the purchaser. The data generated from the sensor flow through wireless sensor network powered by telecom companies in the different geographical locations. As stated in the whitepaper, I quote:The gateway operator is expected to run on their own ethereum mainenet blockchain node and run the open source ethereum based blockchain databroker dao distributed API on top for routing. Ten percent of the revenue generated from the data goes to the gateway operator as a compensation.
Databroker DAO is a win-win situation for every party involved in the process.
Token sale is live ending by 30th june.
ico price: 1DTX= 0.12USD
website: https://databrokerdao.com
telegram:https://t.me/databrokerdao
Bitcointalk Ann:https://bitcointalk.org/index.php?topic=2113309.0