DataBlockChain.io - democratization of data based on the block
The new DataBlockchain project is a decentralized platform where you can perform search queries of various topics. Information provided to the platform will be reliable and will help simplify the mechanism for obtaining the necessary information, as well as reduce the time spent searching for it.
DataBlockchain together with Media Direct intend to democratize large amounts of information and the role that information plays in the activities of various firms and private traders.
DataBlockchain will be able to ensure reliable communication between the enterprise / private person and sources of information. Backend systems guarantee absolute confidentiality and quality of information to the end user as well as completion of transactions to information providers.
Project objectives: to provide information providers with access to their own information and monetize it; Provide suppliers with transparency, traceability and the ability to conduct audits; to build trust between the final user and the source of information; ensure the quality of information for firms and users; to provide end users with a simple and easy-to-use interface with an accelerated payment system.
The goal of the DataBlockchain project is to provide a comprehensive solution that will serve both the updating of requests and the updating of the offer on the market. At the same time, this project will solve two important market problems: the disparity of data sources and the lack of trust and confidence between users.
How it works?
DataBlockChain doubts the existing methods of collecting and verifying large amounts of data. Not all service providers are trustworthy. DataBlockChain will only cooperate with established organizations.
The basis of the charter will be databases of credit bureaus, information from government agencies (for example, records of votes), various industry data, etc. In the future, the system will respond to the demand of any customers, be it companies or individuals, due to a variety of information.
DataBlockChain will be able to take advantage of two types of users - suppliers and buyers of data. Suppliers can download information via the API. The data will not be stored on the DataBlockChain servers - they will remain on the servers of the service providers. After processing with the help of an intelligent indexing mechanism (which includes automatic learning mechanisms and artificial intelligence mechanisms), its "level of trust" will be established.
The higher the level of trust, the higher the cost of data and the greater the reward that the person who provided the large data receives.
Why invest in DataBlockChain?
Marketplace DataBlockChain should interest investors. Already on the pre-Hersh collected significant funds. In addition, by the way, the starter team has enough stars: technical director Jesse Brown managed to work as a consultant in Ford; Head of Digital Marketing Dennis John worked for Google for 2 years; behind Brad Mitchell's arms - founded (and sold in good hands) Entiera, the Big Data trading floor.
The substantial amount raised through the ICO is explained by the substantial expenses for advertising and conclusion of agreements with data providers. At the moment, DataBlockChain services are used by the telecommunications holding company Comcast, the credit history bureau Equifax and the Internet analytics service Neustar - all these are large American companies. DataBlockChain partners are Appsbar and Media Direct.
DataBlockchain is ready for success, taking into account the above mentioned features, which were discussed. The project solves the problem of the real world, providing a reliable data ecosystem. In addition, its strong team and its core technologies make the DataBlockChain project for those who have a recipe for success!
More information about the project can be found on the links below:
Site - https://www.datablockchain.io
Whitepaper - https://www.datablockchain.io/pdf/whitepaper.pdf
Bitcointalk ANN Thread - https://bitcointalk.org/index.php?topic=3361159
Bounty - https://bitcointalk.org/index.php?topic=5026029
Telegram - https://t.me/DBCIO
Twitter - https://twitter.com/DBC_IO
Facebook - https://www.facebook.com/datablockchainio-210421122875853
Information about the author:
Chamika888
My BTT Profile: https://bitcointalk.org/index.php?action=profile;u=1261329