DATAREUM - Decentralized Data Marketplace for Everyone in the World based on the Blockchain technology

- Mei 05, 2018

We all generate an unreasonable amount of guidance in our daily life processes. Each (electronics) gets what we make, every Google searches that we create, every site we see, where our bookmarks float on all websites, every published social media we see, sing, share, like, skip, pause and appear in for an addition of half a second — all of it’s exponentially logged in international database increases.

Have you ever had the coincidence of seeing the same product in your Instagram or Facebook feed, under the sponsored category, that you searched just a while ago on an online platform, be it an application or a website? Well, let me tell you, it wasn't any coincidence. This is the way many tech giants have been tracing our activity through the hidden features in their application or website for generating returns through advertisements. We have been continuously providing our personal data to a number of companies without even having the slightest idea about it. We should have the right to own this data but sadly, we don't.

What now?

People have started to know about this process taking place behind their backs and are now getting concerned about it on a large scale but the problem is the availability of a platform that may help them find a solution for this. And to help them with this, Datareum has been designed and launched as a finished product this month itself. Datareum is a decentralized market for the buying and selling of your data that was previously available for free. The fact that it is built on the Ethereum blockchain says it all about the level of security of the transactions of data as well as tokens between providers and receivers of data.

The platform will be focusing on a few main aspects while the sharing of the data such as consent of users, their anonymity, control of data and genuine payments. It should be noticed that when providing data will be a paid process, it is obvious that many more people will be willing to give their personal data in order to generate some profits for themselves which will in return provide a better understanding of a lot of things via that valuable data.

What does it have for you?

If you're planning to be a provider,

The platform will secure your data from being stolen and used by someone else along with offering you the right to own and monetize it. Whatever personal data you store can be directly traded by you to data researchers, analysts and organisations in return of DTN tokens. You can then opt to keep those tokens in your wallet or use it in the cryptocurrency markets or the best option, you can even send it back to the payee from whom you got it and request them for some services or goods worth that many tokens.

If you're planning to be a requester,

The very first thing that needs to be noticed is that the data you are provided will be of a real human and in no case, a bot. It will be cheaper with respect to what you previously paid for that as Datareum removes the use of intermediaries for the exchange of data. The data, once received, can also be resold by refining it and improving its quality which will be beneficial for you as well as for the person who provided you with the original data.

Some young and enthusiastic people work behind it.

The platform has been planned, processed and launched by a team of very young entrepreneurs, marketers and blockchain specialists who know exactly what they're working on. They have set strict milestones in their road map and have time period fixed to achieve all of them. The enthusiasm of these young minds cannot be underestimated.

The ICO

The pre-sale of the DTN tokens will begin from April 28th onwards and will continue to 14th
May while the crowdsale will begin on 2nd June to continue for the next 30 days before ending on 2nd July. Price per DTN token will be $0.03 and the payments can be made through ETH.

Conclusion

Providing insights into the consumer's buying choices is only one of the many features of the data. The data is the greatest asset that any company can have right now. For more sophisticated advertising, they need data. You are unaware of the multiple ways in which your online activity information is utilised by the companies. When did you see the movie? Or where did you go for lunch? And Personal activities like these are part of the humongous database created by big technology firms, who will do anything to collect information about the users.

Data Decentralisation Market is going to be huge in the coming future and If this platform proves successful then, it will be one of the leading companies in the world. Data is the real asset in today's world. We have to be better prepared for the protection of our personal information and identity. High-quality data is the answer to the many problems of the today's businesses. I think that by creating a transparent platform for data exchange, they are building reliable data management solution for today's problems. What do you think about it

So....

Now that you know that your data is worth much more than a "coincidental post" on your social media account, don't you feel that this is the right time for you to set yourself up to earn a few extra bucks for your wallet? Datareum offers a promise to you that most "big ones" of the industry that you trust won't ever. So, the question is, are you ready to make your data worth something?

For More Information :

Author Bitcointalk Profile : Tirta1

ETH Address : 0x14DC29488c379Fa0f1f0D9E4B581025797F02c04