Good day everyone many investors who get interested in data broker their project expressed their concerns about similarities between data broker with IOTA for some reason they thought that the former is trying to compete with the latter well the short answer is definite no, they are not competitors.
Iota should be more concerned with HDAC project, the long answer is the following data broker Dao is network agnostic it can use any network which supports smart contracts while iota is one of the networks and is not a blockchain but at angle ledger that enables interoperability between IOT devices.
If data broker Dao exists for creating marketplace for sellers of IOT sensors data and buyers of this data Iota enables devices to transmit data to communicate and transact directly, there are nine billion sensors worldwide that can be currently be connected to data broker down network while Iota supported devices need installation of special equipment to communicate with an Iota network.
So the question appears can data brokered our collaborate with Iota to use the sensors data from this network to sell on its market place, here's the accept from the CEO of data brokers article.
"As iota is getting a lot of attention these days we did carry out a technical skin and contacted one of the founders in July to determine whether it would make sense to include them as a network operator for data broker Dao our conclusion based on the mail exchanges and technical scale was that given the infant's taint of the network and the fact that there are no sensors actually working in production that utilize their network it simply doesn't make sense to work with them at this point in time"
So it means that there is a possible collaboration in the future when Iota will have devices connected and used in this network the main problems of the industry are the growth of investments in this industry is staggering while the marketplace infrastructure is lacking.
All data captured by the IOT devices go into locked up silos it means that in the majority of cases the data is not monetized, IOT sensors cost a lot of money the maintenance is also expensive there must be a way to earn some money by providing information to interested parties and DataBroker DAO is the first marketplace that will connect sensor owners with purchasers of the data directly of course we shouldn't forget about the competitors we talked about IOTA but what but forgot streamer is concentrated on replacing IOT stack from top to bottom with the streamer solution basically they need to replace the industry with 30 billion sensors and what about Ocean Protocol their focus is a new kind of big chain DB based network specifically for buying and selling AI datasets the roadmaps specify several years before their solution will be ready.
While data broker Dao will have white label platform at the end of 2018 a little bit about this project in general data broker is stepping into a six hundred billion dollars market of IOT sensors we will take a closer look at this information on the business model slide this project already had work in prototype since the beginning of 2017.
DTX tokens will be in a native cryptocurrency in the system we will see how they are used on the business model slide the project created Alliance where 15 companies already participate all of them will be either consuming the sensor data or selling it to the interested parties.
DTX tokens will be used as credits to buy and sell sensor data on data broker platform the token is based on minimis standard that the last creation of new tokens with an initial distribution identical to the original token the primary market for IOT sensors grew from 600 billion euro in 2015 to 900 billion euro in 2017.
48% of tokens will be sold 30 percent unlocked until 2021 10 percent goes to platform 5 percent goes to team 6.5 percent goes to early supporters pre-sale starts on the 19th of March you will get for one if six thousand DTX tokens.
The main sale will go from 27-26 of march where you will get 4,000 DTX tokens for money if trading will commence on the 30th of April currently the developers made an agreement with Shaniqua exchange to other exchanges are in process so here it is we see a dashboard streams datasets.
My streets packages admin stance I'll log out features so dashboard shows our balance showed your purchase data streams on streams you can take a look at all the available streams which you can subscribe to so there are temperature co2 sensors then there's air quality in India the only problem I see here is that they don't show geographic position but I think that in it I am sure that in the future they will include the detailed information where they will show where exactly this sensor is also there is humidity in Madrid sensor one also as far as I understand this is the price in tokens and this is the price in euros then we have datasets then my streams as I understand you can add your IOT sensors here.
In packages, in order to become a provider of sensor data, you need a node and you can choose from those three options finally we can see the platform the platform statistics. ok, thanks for watching if you liked this article, Vote now, and I hope to see you in my next article bye.
Website: https://databrokerdao.com/
Telegram: https://t.me/databrokerdao
Bounty: https://bitcointalk.org/index.php?topic=2909180.0
ANN: https://bitcointalk.org/index.php?topic=2113309.0
About Me :
Yogi21 https://bitcointalk.org/index.php?action=profile;u=1240228
Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:
https://steemit.com/ethereum/@cryptoportfolio/databroker-dao-ico-review
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit