Countless number of data is always formed by different persons or by organisations; ranging from surfing of the net, to discussion on various networks that are social, from individual personal file uploading, to devices syncing and shopping which are carried out online. This accumulated data belong to an organization that store them. This organizations are usually large organisations own by private companies which stores silos of data that are huge where they can easily be sold, tampered with, extracted and carry out other exploring gimmicks. At times, the owner of data in most case always finds it difficult to control his stored data during the period of joining different platform by registering to those platforms. Like Google, telegram, facebook, twitter, Instagram and so on that give services free of charge so as to be able to exploit your data. For instance, the Gmail service of Google reads an email to show ads as a targeted result. Thanks to the founder and CEO of Datum who has opened our understanding to this fact and also made available a platform where all this our data and be monetized by the owner of the data.
The economy that we live in now is one filled with the knowledge of which data is made an asset strategically thereby giving room to the establishment to get and maintain their edge over their competitors. The amount of value of data that are raw ranges between one hundred cent and over one hundred dollars per person. The greater and enriched it is, leveraged and analyze, the greater the level of the value of the data.
BENEFITS OF TRANSACTING WITH DATUM
Datum network permits every one to keep their data which is structured securely. This is made possible because Datum uses a decentralized method on blockchain which is smart in its contract. Every day, about 2.5 Quintillion bytes of data are created and about 90 percent of the data in the world today was created only two years past. The rate at which the stored data increases is about four times faster than the economy of the world and equally add to an imaginary shift in the power of the economy and how the value of the economy is rotten. This is why we need to start using Datum storage process so that our data can stand a test of time.
Datum network has made available a marketplace for data, which allows everyone to get their data monetized. Your Datum Token (DAT) gives you access to pay as you store and share your data. Datum has made available DAT token which makes data storage and sharing possible. Datum’s platform network shall consist 1.53 DAT token present in the public crowd sale of the token.
Datum network will help in disrupting present model for the broker of data through the giving of values that are better and direct access to people that are involved in data usage. This will grant more power to users by the regaining of control on how user data see shared and used.
Datum platform client gives users the privilege to control the data that belong to them. They also have the opportunity to sell and make money with there data. Datum is the future way to store and process data.
Meet the Datum Team
For more information, please visit:
Official Website: https://tokensale.datum.org
Whitepaper: https://tokensale.datum.org/assets/Datum-WhitePaper.pdf
Official Telegram:https://t.me/datumnetwork
Author: Lyndieline (Bounty0x)