DATABLOCKCHAIN.io Review

icolisting (25)in #ico • 6 years ago

SMART INDEXING ENGINE

DataBlockChain.io utilizes an open source Smart Indexing Engine (SIE) to index all data sources and assign confidence scores on the sources. The SIE constantly checks and reevaluates the sources updating the scores.The SIE uses predictive analytics to create an appropriate score.

The AI in the SIE quantifies each of the discrete values to build an evolving quantitative analysis. Through sample population validation, a qualitative component is built to accompany the quantitative analysis. The SIE periodically runs performance evaluations and uses past performance modifiers to learn and adjust the score.The scoring algorithm takes into account the speed of the data source, the age of the data, the amount of data available, the quality of the data based on source metrics, the attributes available, coherence with other data sources and validation of a sample population. The data sources with higher scores receive preferential treatment as long as query parameters are observed.

The SIE connects to data sources using smart Blockchain oracles called DBCOracles (based on Chainlink/ Oraclize).Smart Contracts generated by DataBlockChain.io contain the signatures of the DBCOracle for full traceability.

MISSION

DataBlockChain.io aims to democratize Big Data and level the data playing field by providing the most comprehensive marketing data solution to all businesses and individuals

DATABLOCKCHAIN.IO

DataBlockChain.io, in association with Media Direct, Inc. aims to democratize big data and level the data playing field by providing the most comprehensive marketing data solution to all businesses and individuals. DataBlockChain.io will provide a robust interface between the business or individual and the data sources. The backend systems will ensure full confidence in data quality for the end user as well as transactional finality for the data providers.

Our main objectives are:

1) To empower Data Source Providers to provide access to their data and monetize it

2) To provide full transparency, traceability, and auditability to the data providers

3) To build confidence between the end user and data sources

4) To give Businesses and Consumers quality verified data

5) To give End Users a simplified easy-to-use interface with a quick payment systemDataBlockChain.io will comply with applicable privacy rules and regulations including the General Protection Regulation Act. DataBlockChain.io will not offer financial data covered in the Graham Leach Bill.

EMERGING BLOCKCHAIN INDUSTRY

The pipeline for new token sales is deep and growing daily. Thousands of new and existing businesses are embracing blockchain technology. Many are drawn in by the transparency offered by the public ledger, the decentralization of databases and the allure of creating a new cryptocurrency.

While these new blockchain projects and the crypto entrepreneurs behind them differ greatly from one another in many ways, they are all early adopters who have embraced a disruptive technology before the masses. Virtually all of these new varying blockchain projects will require critical data to optimize their performance in this new business paradigm.

As the reconfigured, efficient, and transparent way for these businesses to access the data and information they need to succeed, DataBlockChain.io will be uniquely positioned to capitalize on the rapidly growing needs of blockchain pioneers.

THREE REVENUE MODELS

1. Big Data Partner contributes via API

2. DataBlockChain.io’s Data

3. Data Partners Onboard Data to DataBlockChain.io

TOKEN

The DBCCoin tokens will be used for transactions on DataBlockChain.io and be used to remunerate Data Providers. The DBCCoin token will also function as an essential marketing tool for DataBlockChain.io as it will serve as the basis for the Rewards Program as well as incentivizing partners through a Promotion Program. These functionalities will be fully supported in the Smart Contract using Solidity.

Pre-Sale/Main Token Sale Info

• Total Tokens Created: 870MM

• Total Tokens Being Sold: 522MM (60%) Private Sale: 100MM Tokens

• Pre-Sale (5/27 - 6/27)

Total Tokens Being Sold: 164.58MM

Token Price: $0.08 ($0.12 main sale price)

• Main Token Sale (9/10)

Total Tokens Being Sold: 257.42MM

Token Price: $0.12

• Team/Advisors Allocated: 221.1MM (25%)

• Bounty Campaign: 10MM (1%)

• Air Drop/Marketing: 10MM (1%)