DataBrokerDAO: IoT Sensor Data Market

DatabrokerDAO is a decentralized sensor data market.

DataBroker DAO is the first ever decentralized P2P marketplace for trading Internet of Things (IoT) sensor data. Using this marketplace, individuals and businesses will be able to monetize their data or buy the data for various reasons.

The market for IoT sensors has grown to $600 billion worldwide, showing just how valuable data is for businesses. In 2019, this number is expected to double to $1.2 trillion. In 2016, less than nine billion IoT sensors were deployed globally, whereas their number is expected to grow to 33 billion in 2019. With this backdrop of exponential growth, DataBroker DAO will create a secondary P2P marketplace where this data can be freely traded. By entering this burgeoning market as a first-mover, the potential growth for DataBroker DAO is enormous.

The DataBroker DAO is a Dapp (decentralized application) that will run on top of the Ethereum blockchain. This platform will instantly connect buyers and sellers using smart contracts — automatically executing contracts that do not require intermediaries — so that the sensor data is sent from users of the sensors directly to those who purchase it. The lack of intermediaries or brokers involved in these transactions will make this valuable data less costly for businesses that acquire it.

There are many potential uses of the data in this exchange. Buyers may use the data in raw form for their own use or may analyze the data and resell it with value-added data or information. Data can be purchased to develop artificial intelligence (AI) to aid in decision-making. Moreover, there would be a wealth of critical data in the exchange for researchers and scientists. Businesses can buy the data to more effectively market their goods and services to consumers.

The means of exchange or currency on the platform is the DTX token that is ERC20 compliant. DTX tokens will be required for buying data on the platform, and can be traded at exchanges for other cryptocurrencies or fiat currencies. The platform will collect 10 percent of each transaction for continuous development.

From March 19, 2018 to April 25, 2018 DataBroker DAO will be conducing its pre-ICO. During this time, one ETH will buy 6,000 DTX. During the ICO that begins April 26, 2018, one ETH will buy 4,000 DTX. Notably, this project has a solid 4.1 rating at ICOBench. Those interested in blockchain and its application to the growing IoT market may want to look further into this cutting-edge project.

*I am receiving DTX tokens for the growth of the community.

To find more information about DataBroker DAO:

Website: https://databrokerdao.com/

Whitepaper: https://databrokerdao.com/whitepaper/WHITEPAPER_DataBrokerDAO_en.pdf

Bitcoin ANN: https://bitcointalk.org/index.php?topic=2113309.0

Telegram: https://t.me/databrokerdao

 

Nucleus Vision: Integrating IoT into Businesses

Nucleus Vision integrates IoT into businesses.

Nucleus Vision aims to allow businesses to take full advantage of the Internet of Things (IoT) by deploying proprietary sensors at businesses to sync up with the mobile devices of customers to provide individualized attention and offers to them. By giving customers individualized offers at participating businesses, Nucleus Vision is able to build customer loyalty and revenues for its partners.

Using proprietary software on top of the blockchain, Nucleus Vision is able to track customer habits, visits to a business, the aisles the customer walks through, and previous purchases to predict future purchases. By merging all of this data, Nucleus Vision is able to give customers special offers in real-time once they visit a business by linking with their mobile devices. Importantly, Nucleus Vision will obtain data from mobile devices with the permission of users and will abide by all applicable privacy laws in various jurisdictions. Customers will even be offered nCash, the native token of the platform, for their participation in a loyalty program.

By contrast, brick-and-mortar businesses today generally lack information about customers visiting them and are thus unable to immediately determine their wants and needs. Thus, customer service is generalized to serve the needs of the greatest number, preventing businesses from generating as much sales as they potentially can. Nucleus Vision will finally integrate the capabilities of IoT into businesses, creating powerful incentives for customers, and building their loyalty and repeat business.

Additionally, Nucleus Vision aims to establish itself within the security industry. Businesses can obtain valuable data to identify lawbreakers who use mobile or other electronic devices while committing a crime on their property. Businesses will be able to purchase this service by using nCash.

The nCash token is ERC20 compliant and runs on top of the Ethereum blockchain, which will allow consumers to store the token in popular Ethereum wallets and trade it on exchanges. In total, no more than 10 billion nCash will be minted, thus allowing the value of nCash to increase as the Nucleus Vision ecosystem grows in use.

The Nucleus Vision crowdsale will take place in the first quarter of 2018, with the starting and ending dates yet to be determined. Investors can purchase nCash tokens at a discount using Ether. The hard cap for the project is $40 million. Investors who are interested in IoT should consider this promising project full of novel ideas.

*I am receiving Nucleus Vision tokens for the growth of the community.

Author: pushups44

To learn more about Nucleus Vision:

Website: https://nucleus.vision/

Bitcoin ANN: https://bitcointalk.org/index.php?topic=2455575