Alena is a single mum, her son Toby is 12 years old and goes to one of the best schools around ,only last month he joined the weather report club, and as a member of the club it is required to have a gadget that detects changes in temperature ,humidity and wind speed after getting this gadget at a very expensive cost, two weeks later her son is no longer interested and being a member of the club he claims is too simple and boring, Alena is feeling a little cheated as she tries to return it but it won't be collected back ,so she leaves it in her garden as it continues to gather information for nothing.
What if there was a system in place where the information got him by Alena's son's gadget can be rewarded for the data it generates? How will it feel for her to get paid and recoup some of the money she spent on buying the gadgets in the first place ?that would not be a bad thing at all now would it?
Well I tell you ,this is about to become a reality introducing databroker DAO, a platform that uses blockchain technology to enable trading off internet of things sensor data from sensor owners to consumers that need the data to either improve a service they provided or to support a research, IoT sensor owners are compensated for data their sensors provides to the platform.
The currency used in these transactions are the DTX tokens which will be used to pay the sensor owners, the gateway operators which are telecom companies that facilitate the transfer of data from the IoT sensors to the databroker platform and the databroker DAO platform itself for the brokering of the transaction.
It will be a smart move to invest in this project as market for iot sensors is currently a multi billion dollr per year industry industry industry industry and estimated to reach about a trillion dollars by the year 2019...
f ffor more information on data broker and the details tokens visit
Databroker DAO website
https://databrokerdao.com/?ref=btctalk
ANN thread
https://bitcointalk.org/index.php?topic=2113309.0
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