DataBroker DAO - Global market for sensor data

juv3ntus11 (37)in #crypto • 6 years ago

The Internet of Things (IoT) networks become every day bigger and bigger develops more and more device ,in 2017 8.4 billion of IoT devices was been create , and it is estimated that there will be 30 billion devices create by 2020.One of the most important think for the iot networks and companies its sensor data,they make use of sensor data to optimize and monitor their operations . but what is a senor data? Sensor data is the output of a device that detects and responds to some type of input from the physical environment. The output may be used to provide information or input to another system or to guide a process. With the all networks growing so big market prices have been significantly increased for the sensor data.

Databroker DAO build a platform where sensor data will be easily accessible to cities, organizations and entrepreneurs at an affordable price.

Using a smart contract based marketplace on the Ethereum network,via their gateway operator, the sensor owners place the data generated by their sensors up for sale , and buyers can discover and purchase access to the data.
On the Databroker DAO buyer after used the data can resell the sensor data to recover at least o part of investment,new types of buyers have unprecedented access to data and options to monetize their own data, in this category we see the entire booming and vibrant startup scene,data processors have an ecosystem to sell their services to the right people.

The DTX token is a utility token in the Databroker DAO platform. The DTX token is a ERC20 compliant token who will serve as the credits to buy and sell sensor data within the platform.