DTX

DTX Tokens: Data monetization solution for IOT data sensor


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Databroker DAO could easily be called the Amazon of IOT data sensors where all the stakeholders of Internet of Things (IoT) data sensors can easily access data through an efficient blockchain-backed platform. This platform provides an easy access to data to all the stockholders. It will replace the traditional practice of Sensor-Data travel where it travels in a linear form starting from sensor owners, transmitted to sensors and then to network operators and becomes unacceptable after reaching Datasilos.
On the other hand, this platform gives an easy and convenient access to data users, sensor buyers, IOT data market and other relevant parties.
Who will be the seller?
There are number of potential data sellers in the market, business groups, consumers and their subgroups are the potential sellers of this system.
The future feature of DataBroker DAO:
The management of DataBroker DAO has announced to launch a new feature where people could be selling their own data. Because of the blockchain technology the integration is smooth and successful and it will provide a new monetization opportunity to data owners, vendors and data consumers.
Approach of DataBroker DAO:
This platform is announced to be launch soon this year and it ensures that to use a proven technology will give the users an added advantage in the market. The big names of the industry will participate in this ecosystem in a non invasive way and will help the participants to get market scale fast.
This platform is compatible to be integrated with IOTA, OceanProtocol and Streamer in the near future.
Security features:
Unlike the most of the blockchain based business where the trade cannot be reversed and a wrong transaction could cost the trader a fortune, DataBroker DAO system provides a security feature to data buyers by giving them the option to report bad data to regain the lost funds. However, there are restrictions and penalties for reporting a false data transaction.
This platform efficiently resolves such disputes to give a good experience to the users and establish its credibility in the market.
Databroker DAO management:
It is a peer to peer marketplace where IoT sensor data is treated. The data in question is created by the sensors and there are billions of sensors owned by a large number of owners mostly related with Telcos or manufacturers. They transport the data on the internet to be consumed by their respective stakeholders.
Network operators keep a check on the data flowing through their gateway. They also verify and validate the data, sensors and the owners before permitting it to be accessible to the users. They make it secure by guarding the system against any illegal.
What makes it more transparent?
There are several network operators to this platform which are performing their security related tasks to allow the data to be traveled to their targeted users. The encouraging thing is that they cannot create a monopoly and because of this factor, large amount of potential partners are turning up to participate in this system.
DTX Token Sale:
The presale of DTX Token is to start on March 19 th , 2018. Initial rate will take 4000 DTX token equaling 1 ETH, and with 50 presale bonus the DTX tokens equaling 1ETH will be counted to 6000 DTX tokens. The actual token sale will start from March 26 th 2018 and it will end on April 23 rd , 2018. The first day of the token sale will offer 10% bonus for the investors.
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The DTX token trading will start from April 30 th , 2018 at Chankura exchange.

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