Datum Turns Data into a New Asset Class and Plans to Launch the First Decentralized Data Marketplace in 2018
TAGS: Sponsored Stories
Internet applications play a very important part in our everyday life. Given the number of applications and the critical role they play in various settings have made it necessary for the creation of secure, high-performance IT infrastructure. Datum Network is on the path to solve this issue by making use of cryptocurrencyâs underlying blockchain technology.
Datum is a decentralized and distributed high-performance NoSQL database thatâs backed blockchain ledger. By way of using the cryptocurrency technology, the platform ensures privacy, security, and anonymity of all the structured backup data from the social network, wearable devices, smart homes and IoT devices stored in the NoSQL database.
In the present information age, data monetization is a lucrative business. Until now, large corporations like Google and Facebook have been collecting data from millions of users and deriving profits out of it. Datum is here to change that. The platform puts the power back into the hands of people by providing them with a marketplace and associated tokens to help them share or sell the data stored in its decentralized database on their own terms.
The Datum Network is powered by DAT tokens which act as a medium of transaction over the platform. As Datum continues with the development of the network including DAT token driven smart contracts for secure data trading, it has announced the launch of its token sale.
Datum Network invites the cryptocurrency and technology community to become part of its initiative and help create a better internet. The platform is presently running a DATG presale campaign, where investors can buy into the platform early on, much before the official ICO. The presale started on August 11, 2017, and will go on until September 11, 2017. It will be soon followed by the ICO/Token sale, starting September 12, 2017.
The funds collected during the crowdsale will be used for development (60%), marketing (15%), operations (15%), legal requirements (5%) and platform security (5%). With the development process on track, the platform is looking forward to launching the first ever decentralized data marketplace in 2018.
Petro Debut: What We Learned About Venezuela's Cryptocurrency Today
The government of Venezuela published several guides Tuesday in support of the presale for its "petro" cryptocurrency.
Announcing the oil-backed token as a form of legal tender that can be used to
US Securities Regulator Rejects BitConnect Records Request
The U.S. Securities and Exchange Commission (SEC) has denied a Freedom of Information Request (FOIA) regarding the BitConnect cryptocurrency investment scheme, citing an exemption usually applied to r
Dutch Bank ING Says Crypto Exchange Bitfinex Is An Account Holder
ING Groep NV confirmed Tuesday that cryptocurrency exchange Bitfinex has an account with the Dutch bank.
According to Bloomberg News and Reuters, a spokesperson for the financial services company a
Report: Japanese Crypto Exchanges Unite to Form Self-Regulatory Group
A group of Japanese cryptocurrency exchanges is reportedly uniting to form a new self-regulatory body in the wake of the recent Coincheck hack.
According to Reuters, which cites unnamed sources clo
Bitcoin’s bouncing back, here are the next big catalysts for the cryptocurrency
Bitcoin is back. The cryptocurrency surged Tuesday, closing in on the $12,000 level. One bitcoin bull says progress on the regulatory front could send it even higher. According to CNBC "Fast
EU Regulators to Discuss Crypto Regulation Next Week
A group of European Union regulators will meet next week to discuss the regulation of cryptocurrencies.
Speaking to reporters on Tuesday, European Commission vice president Valdis Dombrovskis said
Lisk Relaunches Blockchain Project With 'Accessibility' in Mind
The team behind the Lisk blockchain network is hosting a relaunch event in Berlin today, boasting a new look and long-term plan for the project.
"Rebranding normally only involves a change of desig
Finland Mandates Cold Storage, Public Auctions for Seized Bitcoins
Finland's government released new guidelines today that set out how law enforcement officials must handle cryptocurrencies they confiscate.
The official agencies in charge of storing the cryptocurr