My Blog About Blockchain: DATAREUM - Decentralized Data Market

In today's world our data it is the economic asset created by a combination of our fundamental identity (including age, location, gender), our behavior (including interests, the relations, and opinions) and our purchases. We send data permanently when we register for different services, and also we show ongoings when we subscribe to different pages or we click likes. Ourselves generate this information, but we, unfortunately, don’t own it, and we don’t get from it profit directly.

At the same time, the companies profit from it a lot of money, and then more understandable be interests of the user, that more precisely will be shown advertising. So, in Facebook offer the user pre-paid stories, proceeding from the pages which were pleasant to it, and available information in his profile. Insurance companies use data aggregations to build pricing models for new customers based on the perceived willingness of similar customers to pay. Online vendors similarly profile customers based on, for example, whether they are located in the suburbs or the city-center, adjusting displayed prices accordingly.

But with Datareum everyone will be able to monetize their data, selling it directly to market researchers, academic researchers, and other interested parties. The Datareum platform built on the Ethereum public blockchain will protect this personal and confidential information from cracking. Using online surveys as a starting point for the creation of the market, Datareum will use stimulation mechanisms which in the long term will provide accessibility of high-quality user data, providing the valuable tool for researchers of all types.

Datareum’s platform provides a marketplace for high quality data. Data Providers continuously earn DTN as the data they have provided is resold. Data Requesters pay for customized data, which can be resold for profit.
Built on the Ethereum public blockchain, Datareum’s platform will facilitate this peer-to-peer transaction of sensitive personal information securely, without the risk of hacking. Using online surveys as a starting point for building the marketplace, Datareum will employ incentive mechanisms that, over the long-term, will ensure the availability of superior quality custom data, providing an indispensable tool for researchers of all kinds.

The Datareum platform creates the fair and open world where data providers has complete control of the data they produce, and data requester have access to ethically sourced, high-quality, structured data at a fair price. In this world, providers will reasonably compensate for the value of their data and researchers of all kinds will have access to the high-quality data they need.

HOW IT WORKS?
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BUSINESS MODEL OF DATREUM

The ecosystem aims to streamline a platform where the users of the information will provide their data. The data must be high quality and verified. This will be enabled by a decentralized platform which will use a peer-to-peer marketplace. The data will be sourced from genuine sources, structured strategically for easy access, and when sold, the owners will be conveniently compensated. The users will total freedom of their data and determine how personal information and data will be used and shared.

BENEFITS

The following are the benefits which are offered to the data providers:
• Anonymity
• Monetizing the information
• Take full control of the data
• Earn residual income on your data
• Sell the data which only you want
• Earn money by filling out the surveys
• Get the payment immediately.

The following are the benefits which are offered to the data Requesters:
• Reduce cost by eliminating the mediator in the data collection process
• Getting relevant data from the specific demographics only
• High speed and convenient performance
• Specify the research budget
• Trustworthy data are taken from humans, not a bot
• Resell the result on the platform of Datareum
• Make survey as per your need.

FEATURES

• Token Wallet
This will give both Data Provider and Data Requester the ability to send and receive DTN to/from an exchanger or personal ERC-20 wallets.

• My DataVault
This is where all the information the Data Provider wishes to share is stored and managed. Decisions like who to share the data with and who to sell to can also be set here.

• Marketplace For Goods and Services
Data Providers and Requesters can offer goods and services in exchange for DTN. This would be done entirely on the platform eventually but at the early stage, the DTN would be exchanged for vouchers which can then be taken off-platform to complete the purchase.

• Easy Earnings For Early Adopters
A particular percentage (15%) Of token distribution has been set aside to reward early users and supporters. All you have to do is connect your social media and refer your friends!

Dataerum offers features that benefit not only providers but also requesters. Even after the technological issues that act as drawbacks in today’s era, datareum has managed to save the interests of the data providers and provide best of the data to the requesters. It has proven to be the best platform for data providers and requesters. One can know more about the datareum and the blockchain via the internet or the people associated with this.

TOKEN AND ICO DETAILS

Datareum (DTN) is the native token which will be used to conduct all transactions on the Datareum platform. It’s an ERC-20 token.
1 Billion DTN tokens are created for the project in which 600,000,000 tokens are reserved for the ICO.
The initial token price of 1 DTN is currently valued at approximately $0.03.

Demand for the DTN token required for the creation of a liquid marketplace. This marketplace is both a data marketplace and a goods and services marketplace. Crowd sale will be double-audited with all tokens held in escrow and returned to buyers if the soft cap not reached. Prе-ICO starts аt Aрril 28, 2018 12PM UTC

Token Distribution and Use of Funds