DATA BROKERAGE INDUSTRY
The data broker industry, calculates over Two Hundred billion dollars ($200B) for each year the industry, gathers, store and sell customer's personal data and offer it as an "item" to organizations needing it without the original owner knowledge. A larger part of these data business firms disregard users privacy protection rights by taking their data and by not notwithstanding repaying them consequently makes it fraudulent and unfair.
Ongoing disclosure of this fraudulent practices have made users to be more watchful and treat their own data with most extreme security and secrecy through both basic and complex means. Likewise the recently implemented general data protection regulation (GDPR) by the European association will make it considerably difficult for the data broker industry to get to users personal informations the manner in which they did in the past without lawful outcomes or punishment.
WHAT IS DATABLOCKCHAIN?
Datablockchain platform is building the principal Ethereum blockchain based market place for the transparent and protected selling and buying of data. Datablockchain platform empowers customers to make an automated revenue stream by selling their own data. Organizations and individual can purchase data from users. DBCC token is the money that communicates the value of individual data.
WHAT WILL DATABLOCKCHAIN BE DOING?
Datablockchain platform and DBCC token choose to give the power back to the customers by making a decentralized ecosystem where transparent and secured selling and buying of users data happens. This platform will be a worldwide center stage for organizations who requires users personal information and users who will exchange their own information to whomever they need to without abusing their data protection rights. The DBCC Token will fill in as the main currency of the biological community and will be utilized as an payments and measure of trade for the information shared. Datablockchain and DBCC token is a chance to make that automated revenue you have dependably longed for through selling your own data rather than simply sharing it for nothing.
HOW IT WORKS
The DBCC token ecosystem comprises of organizations and consumers, encouraging a two-sided token economy. Organizations can buy individual data specifically from the direct consumers by remunerating them with DBCC tokens. Users get DBCC tokens for giving out their data to organizations. The consumers can choose which data they reveal and who gains access to it. Due to blockchain components customer's privacy and security is completely ensured.
The Datablockchain system is a completely open market place for safe exchanging of data with no broker. The DBCC token places an incentive in personal data and makes price that precisely communicates their value.
Organizations get simple access to individual data from users by repaying them with DBCC tokens. Organizations get more particular information of higher quality and will have the capacity to settle on the correct choices when structuring new services and products and in addition to all the more likely target advertising and deals activities.
DATABLOCKCHAIN VISION
To build up a worldwide decentralized market place for the transparent and protected exchanging of personal data dependent on the blockchain. Set up DBCC token as the money that communicates the exact value of these data.
Project Team
To get more and adequate imformation about this project visit the website and read the whitepaper through the links provided below.
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