DATAREUM-Decentralized Data Markets

Maret 22, 2018

A decentralized online survey market built on the block architecture has the potential to solve the above problem by providing secure peer-to-peer access between applicant data. and data providers. The market should contain all the incentive mechanisms needed to ensure its proliferation. We have explained this in our whitepaper and will soon post a summary in this blog space.

What is Datareum?

This is decentralized, high-quality market data. Data providers get DTN tokens for data transmission. Buyer - pay DTN to use this data. Decentralization ensures the uniqueness and uniqueness of data that can never be erased or duplicated. A more detailed outline of project activities can be found on the project's website.

How does the Datareum platform work?

To provide high quality data, a verification channel has been created. If channels check them in terms of quality, they reach the data market and suppliers are rewarded with tokens.Then, data goes into the data market, where interested parties can buy it at the right price. The first customer buys data from the database and after using it - he can resell it to the platform.

This is primarily an innovation of a decentralized database - the owner is one entity. Resale data from customer A can be purchased by client B. Part of the funds from the data sold is transferred to the fund database to continue to develop it. More specifically, the way the platform works can be seen on the project whitepaper.

In short, the project is promising, which can be expressed by project ideas, functioning platforms and a solid team. They are not random and not anonymous. We have a lot of success in this project.

How will this work?

The applicant issued a survey showing target data such as age, gender, location, salary, etc.
Conditions for the survey, the conditions become smart contracts in the data market.The applicant stores a DTN token as a trust account to provide answers to survey solution providers.

Providers lead to collect and enter the data market.The results taken from the data are analyzed by smart contract rules and either transfers or deviations.If conditions are met, payments are transferred from a trust account to a data provider.When DTN is released from trust, a small commission pays for the Datareum network.

In the market for data, their quality is very important. Datareum will use a combination of data verification mechanisms that achieve the highest level of potential market value. Data generated by bots, as well as inferior or misbehaving data generated by individuals who are only interested in rewards, are removed to form a functioning market.

Distribution and use of tokens

Our sales team will be audited twice with all vouchers stored in escrow and buyers will be suspended if softcap is not reached.

Requests for DTN tokens are required to create a liquid market. This market is a market for data and markets for goods and services.

People's sales, with all benchmarks held by trust, are double-checked and returned to the buyer if the soft cover is not reached. Pre-ICO will commence on 28 April 2018, 12:00 UTC