DataBroker DAO: Decentralized IoT Data

DataBroker DAO is an IoT data exchange.

DataBroker DAO is an ambitious project to create a truly decentralized P2P exchange for IoT sensor data powered by the Ethereum blockchain. This P2P exchange will allow data to flow more efficiently, providing innumerable benefits for individuals and businesses.

With the rapid advancement of technology, and in particular devices connected to the internet, an ever-increasing amount of data, much of it useful, is being generated. In 2016, there were nine billion IoT sensors globally, whereas in 2019 this figure will reach about 33 billion. This data, potentially monetizable, is largely siloed and kept from individuals and businesses that could make use of it.

Using the Ethereum blockchain, the DataBroker DAO exchange will execute smart contracts that allow IoT sensor data to be exchanged freely. Smart contracts allow parties to execute agreements without the involvement of a third party, making them cost-effective. In the DataBroker DAO ecosystem, the role of gateways, or telecommunications companies, will be crucial, given that data is transmitted over their networks. The DataBroker DAO platform will allow gateways to monetize their infrastructure by making it compliant with the platform, thus earning a percentage of the transactions they facilitate from users of sensors in their network.

The utility token used for transactions on the platform is DTX, an ERC20 token. Of the transactions on the platform, sensor users receive 80 percent of the transactions, and gateways and the platform will each get 10 percent. By rewarding all users, the ecosystem will flourish with activity as users mutually benefit from it.

The potential uses of this data are socially and economically critical. Data from weather sensors in various parts of the country can be used to obtain more accurate data than that given by the National Weather Service. Smart city initiatives spending enormous sums of money deploying sensors will be able to recover these expenses within a few years by selling their data in the exchange. Self-driving technology companies can use sensors from vehicles to develop the best self-driving software to be offered to car manufacturers. These are just some of the possible uses of the data on the exchange.

The presale for DataBroker DAO is taking place from March 19, 2018 to April 25, 2018. During this time, one ETH will buy 6,000 DTX. From April 26 to May 26, 2018 is the main token sale, during which one ETH will buy 4,000 DTX, though a 10 percent bonus will be given on the first day. The respectable 4.1 rating given to it by is a strong statement on the credibility of the project and team behind it. So long as DataBroker DAO fulfills its roadmap, it is likely to play a disruptive role in the market for IoT sensor data.

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

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Nucleus Vision: IoT System for Businesses

Nucleus Vision will build customer loyalty for businesses with IoT.

Using the power of blockchain technology and proprietary sensors, Nucleus Vision aims to help businesses build loyalty with customers by providing customized offers in real-time. By syncing up with the mobile devices of customers and using advanced algorithms, Nucleus Vision will help partners obtain data about their customers that will allow them to better meet their needs and wants. In effect, Nucleus Vision uses the latest developments in IoT  (Internet of Things) to benefit businesses and consumers.

Using proprietary sensors deployed at partnering businesses, and connecting to the mobile devices of customers with their permission and in accordance with applicable laws, businesses will be able to offer customers discounts based on their history of purchases, size and frequency of purchases, aisles visited, and other data. These sensors will thus allow businesses to obtain valuable data that is currently unavailable to them, preventing them from maximizing their sales. Customers who opt in to the Nucleus Vision network can even be rewarded with the native token of the platform, nCash, which can be redeemed for goods and services with participating businesses.

Eventually, Nucleus Vision plans to use its sensors to provide security for businesses. By offering this service, businesses will be better equipped to identify lawbreakers in and around their premises, thus assisting law enforcement and serving as a deterrent to crime. This service will be available to businesses by purchasing nCash tokens.

nCash is ERC20 compatible and runs on top of the Ethereum blockchain. As an ERC20 token, it can be stored in popular Ethereum wallets and can be traded at popular exchanges. In total, 10 billion nCash will be minted, thus ensuring liquidity on the platform and making each token affordable while supporting its value with a fixed supply. With the fixed supply and crucial role in the platform, the value of nCash will grow as more partners join the Nucleus Vision ecosystem.

Because the hard cap of $40 million for the project was reached, the main crowdsale has been canceled. However, those who were unable or unwilling to buy nCash during the presale will be able to buy the token at major exchanges in the near-future. Given the enormous success in raising funds, investors have clearly signaled that Nucleus Vision is a project with great potential to disrupt the retail and security industries, and improve the customer experience.

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

Author: pushups44

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