DATUM DESIGNS A PLATFORM TO ORGANISE DATA IN A DECENTRALISED WAY BASED ON BLOCKCHAIN SMART CONTRACT
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INTRODUCTION TO DATUM AND IDENTIFICATION OF ISSUES
Organisations ,institutions or individuals often generates data by scanning through or navigating internet,exchange or conversation done between people through networks of personal or business contact who share same interest via web interface,transfering of data from peripheral or subordinate system to a larger or more central one,synchronisation of peripheral devices,searching or purchasing goods and services available or delivered from the internet.
Data mostly registered by big institutions are easily influenced and sold and subject to alteration by making unathorised changes,vulnerability,which also might not be under control as more service providers such as Facebook,Google,Instagram,Twitter etc is being accessed which usually proffer free services for utilisation of data.
Datum steps in,designs and offers a structure based on blockchain smart contract that is free from risk and reliable,which makes possible all client to regain full influence over their data,which include data from the (IOT) devices,individual or regular data that is generated on a daily basis. Datum is designed to acknowledge the accumulation and keeping of organised data in a safe decentralised method via the use of blockchain smart contract.
Datum comprehensively include within its scope,a decentralised platform that is rapid and swift,makes possible and enable individual to safely accumulate and register information operating and execution on blockchain smart contract. Users present where actual market operates have the opportunity to make an information a business activity profit-generating based on the biding condition.
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Datum expliots and takes full advantage of BigchainDB and IPFS making possible to a surpassingly large extent a data storage that is decentralised. Datum structure aspire to make available effective and non-conflicting accessibility to information at the same time observing specifications of restrictions of the rightful ownership of data. By the means one individual or user where the data or information is acquired from is able to have full influence on the manner and how their data is being used by multiple entities for multiple purpose or in multiple ways. This regulation is DAT token smart contract influenced. Datum created a foundation for device platform that is firmly or securely surrounded which would be utilise in IOT devices and electric cars etc to undo and obtain access to the worth of the device data.
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TOKENIZATION
The token to be utilised in the Datum ecosystem as a medium of exchange is called DAT. DAT is a utility token.
Tokens traded basically via the data market and for registration such as storage node will be burned.
DATwill bring about and make easier the exchange or transfering of funds in and out and from Datum structure,also adding value to information or data available on the platform. DAT token will furnish with means the exchange of data among the owners of data and buyers. Datum acknowledges and grants individual user to incentivised data on their own basis of condition.
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TEAM
Datum is comprised of a proficient team,vast and skilled in their specialty. Here are Datum team members.
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For more details please visit the links below;
Website:https://datum.org/
White paper :https://datum.org/assets/Datum-WhitePaper.pdf
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