DATUM NETWORK : A DATA MARKETPLACE FOR ALL.
In this present 21st century, to deny the truth that the use of mobile application have taken the order of the day is as though one is denying that man does not breath in air.It's as vital to our day to day activity.This not only applies to youths using smartphone,businessmen or some category of rich men in our society but to everyone.Even illiterates now make use of smartphone,androids and apple products and its so certain that one can't operate these types of gadgets without making use of data subscription.Therefore,it is very important in our daily activity whether it's acknowledged or not.
However,for some period of years, a whole amount of data seem to have been monopolized by private entities and corporations. According to a recent research that was culled from a reliable source,it was observed that the data used for surfing the web,uploading images/videos,synchronizing some devices and employed to search for goods online is predominantly controlled and kept by big private firms.Thereby,leading to high possibility of wrongfully extracting data also might just destroy the rate at which it is bee consumed when in use.
Most times,The operators loses authority on his data during the attempt to get registered to several media services like twitter,Facebook and the likes by falling to the 'subtle' way by which services are offered to the users for free in transference for data exploitation.
Datum will be a long-term solution to many of these lingering challenges in the market.It will minimize the authority of some sort of so called big 'private' organizations who store up data and sell for their own profit by distributing that privilege amongst all users or originators of the data.This will spell an end to data been concentrated only to some set of groups to being shared across a number of people globally.
THE ESSENCE OF DATUM MODEL
Datum has concrete plans to help in provision of revenues for everyone by giving them opportunity to profit from generating from sources that are unknown.It is a platform that gives its users the privilege to retake access over their data,and this does not just include the daily,personal data consumed on a daily basis but likewise data's from devices they employ.By increasing the rate at which the data is been overseen, it aids to prompt new innovative by their sources to create an environment more suitable for the operator's needs.
The basic significance that Datum brings is that it purposes to enable creators to first own their data(for example,a user uploading a video) and thereby giving the originator the choice of sharing,gaining profit (monetization) or wasting this data on the basis of their viewpoint of using it at that moment.
Researchers,businessmen and companies will benefit a lot from Datum because it will make room for effective access to the usage of data; and at the same time not breaking the 'rules and regulations' stipulated by the data owners.
DATUM CLIENT AND TOKEN : TOOLS THAT MAKES THE PLATFOM UNIQUE
Datum client will come in the mode of application on IoS and mobile(e.g android,apple) including desktop.It provides users of Datum with accessibility of every used data with the option to either transfer or make money through selling of data through the Datum service
Below is the image depicting how data is being minimized efficiently on a smartphone :
The token used in Datum is a versatile token which is used in exchanging some benefits embedded on Datum platform which includes the involvement actively in the market and been registered in form of the storage node.Storage node entails the payment of certain amount to the end that data are kept and transmitted.
*This chart talks about the function of DAT token on the Datum network
CONCLUSION : If truly the market place longs to see a shift in the way data is been managed,how users will be financially buoyant on their own and see a safe way to store and transfer data without much worry or concern,then employing DATUM service is the best way to solve these issues.The DAT token will also allow the origins of data to be rewarded as well as storage nodes as its tools will facilitate a secure and decentralized storage and exchange of data in our world.
TEAM
For more information, please visit;
Website : https://datum.org/
Whitepaper : https://datum.network/assets/Datum-WhitePaper.pdf
Bounty0x Username: Lynkels
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