Why DataBlockChain is Poised For Success

in datablockchain •  6 years ago 

In the ever expanding Blockchain space today, there are many projects coming into the fold with interesting ideas and understandable utilities for a world that is quickly adopting the Blockchain and its underlying technologies.

Yet, most projects arriving on the scene today do not have many qualities in place to help ensure their success. DataBlockChain does however have these qualities in place:

Strong Core Team

DataBlockChain’s team is comprised of top-notch data industry executives, seasoned leaders and engineers with decades of experience working in the data and technology industries. DataBlockChain is uniquely positioned to capitalize on the cross section of Big Data, Artificial Intelligence and Blockchain technology to provide customers globally with the critical information they need given the plethora of experience and knowledge that the team has.

Usage of the Blockchain and Underlying Technologies

Many projects based on Blockchain technology that are coming into the mix today simply don’t take advantage of the many features that it has to offer. DataBlockChain however does by giving data providers the layers of transparency, traceability and audibility that is presently missing in the data marketplace today. The usage of Smart Contracts will keep track of all the sources that are used to provide the data to the entity and subsequently calculate and disperse payments to all sources involved in the transaction process.

Nearly Complete MVP

Unlike a number of projects, DataBlockChain has a nearly complete MVP (Minimum Viable Product) already in place before its token sale period begins. This greatly accelerates the development path of the project itself and allows for many features to be added into the platform at a much faster rate than other projects.

Robust Data Ecosystem Already in Place

DataBlockChain has already obtain in excess of over 1 billion records on over 300 million consumers and 16 million businesses in many diverse industries. And as the project grows, DataBlockChain will be merging its own existing proprietary with many of the world’s largest databases to create the one of the most comprehensive and viable databases in the world for its users.

Solving a Real World Issue

DataBlockChain is poised to solve a real world issue that presently exists. The data industry as a whole is both highly fragmented and complicated, making the number of choices available to businesses both confusing and overwhelming. Additionally, these solutions are not often cost-effective and they end up creating a large barrier for small to medium sized businesses to gain access. DataBlockChain solves these issues by providing a robust interface between users and data sources along with eliminating the need for multiple data vendors that overcharge for their data and services. The backend systems of DataBlockChain will also ensure full confidence in the quality of the data being transacted as well.

Overall, DataBlockChain is poised for success given the aforementioned traits that were discussed. It solves a real world issue while also having a robust data ecosystem in place. Additionally, its strong core team along with having a great utility of the Blockchain and its underlying technologies with a nearly complete MVP make it a project that has a recipe for success.

To learn more about DataBlockChain, check out our website: https://www.datablockchain.io/

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