DAO DataBroker platform is a new development, which in the near future promises to grow into a global market for sales and data exchange.

Opportunities Open DataBrokerDAO for Different Industries and Technologies

As a decentralized market for IOT data sensors using Blockchain technology, DAO DataBroup allows sensor owners to convert the resulting data into revenue streams. This will open up many opportunities for various industries. Data will be used and become more effective.

The DAO DataBroker platform is a new development, which in the near future promises to grow into a global market for sales and data exchange. The system is decentralized and operates based on a reliable blockchain technology. IoT sensor owners are given a unique opportunity to receive unlimited income, generating data on their devices. However, the purpose of DAO DataBroker system is not only to provide stable income for individual owners, but also to open opportunities for various industries and technologies. their work

DataBroker DAO actively promotes the early formation of "intelligent life", when all areas of life activity will be effective and exclusive for the benefit of society and everyone. And for entrepreneurs (both private companies and large companies), this data will be offered at a very affordable price. Considering that about $ 600 million per year is spent on sensor acquisition, their data will be in demand.

How Do DAO DataBroker Work?

The main purpose of DAO DataBroker is to provide a distributed market for IoT sensor data. The company aims to create the first blockchain-based market for sensor data, bringing all the different participants into one place - including sensor owners, data processors, and network owners.

Here’s how the company explains it in their whitepaper:

“Today companies make use of sensor data to optimize and monitor their operations. The result is a single purpose data landscape. What if we could make this data easily accessible to cities, organizations and entrepreneurs at an affordable price? DataBroker drives the evolution towards truly ‘smart living’.”

DataBroker DAO doesn’t just want to openly share user data with the world. The company wants to create a marketplace where anyone can buy or sell that data. If you want to sell data from your fitness tracker to an advertising company, for example, then you’re free to do that. If you want to buy smart device data from all customers in one specific region, then you can do that too.

Or, in a more unique use case, farmers can purchase sensor data from DataBroker DAO to get a live look at weather in a particular region. They can use this information to increase the efficiency of their farming operation.

Ultimately, the DataBroker DAO website explains that there are 9 billion IoT sensors worldwide. Most of those sensors are under-utilized. Together, these sensors are worth over $600 billion per year. However, this value cannot be unlocked because the sensors are locked behind data siloes and walled gardens.

Who’s Behind DataBroker DAO?

DataBroker DAO is led by Matthew van Niekerk (CEO and Co-Founder) and Roderik van der Veer (CTO and Co-Founder).

Van Niekerk has previously founded and exited two companies in Japan. Van der Veer, meanwhile, built one of the largest e-commerce computer store websites in Belgium in 1999, then worked in IT. He co-founded SettleMint, a blockchain technology company, in 2016.

Benefits Of DataBroker DAO

DataBroker DAO aims to benefit three specific parties. Here’s how each of the three parties in the DataBroker DAO ecosystem will benefit:

Sensor Owners:

Sensor owners can monetize their data and turn a sunk cost into a potential money maker. This gives sensor owners the opportunity to recoup some of their investments in IoT sensors.

Network Operators:

Gain scale and speed in the adoption of their network as connected telecommunication companies can present a win-back to their enterprise accounts, giving them a clear unique selling proposition (USP).

Sensor Manufacturers:

Sensor manufacturers can stop “racing to the bottom” for production and pull resources and capital out of manufacturing, then allocate those resources to profitable SaaS offerings.

DataBroker DAO Conclusion

DataBroker DAO is a decentralized autonomous organization that aims to create a distributed marketplace for IoT sensor data. Today, smart devices are all around us – and yet most of the data collected by these smart devices is used for a singular purpose. DataBroker DAO envisions a future where users can sell smart device data on an open marketplace. Farmers can purchase environmental data from sensors across their local area, for example, while universities can access a network of highly precise data points worldwide.

WEBSITE :https://databrokerdao.com/

WHITEPAPER :https://databrokerdao.com/whitepaper/WHITEPAPER_DataBrokerDAO_en.pdf

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