DATAREUM-Decentralized Markets For Data
long run, will ensure the availability of superior quality custom data, providing an indispensable tool for researchers of all types.
Operating mostly behind the scenes, data brokering is a business that collects and stores personal information about consumers and sells it to organizations that need that data to design their marketing strategies. The report of the US Federal Trade Commission of 2014 identifies data brokers as companies "gaining and sharing large amounts
consumer information, usually behind the scenes, without the knowledge of consumers, "
Data brokers collect this information from various sources such as government records, browser cookies and credit / debit card transactions. The various data types associated with this market include consumer data, commercial data, scientific data, real estate data and geo-location data.
Value Data
Actually measuring the true value of the data is not easy because the application for its use is growing rapidly. But as an example we can see that by 2016 Microsoft acquired a LinkedIn online professional network for $ 26.2 billion. Globally, LinkedIn has approximately 100 million active users per month prior to acquisition. A simple calculation tells us that Microsoft pays about $ 260 per month 'active users.
For companies seeking profit, data has significant value. In 2013, analysts predict that investment ROI in Big Data will increase from 50 cents per dollar invested at that time to $ 3.50 per dollar within three to five years 2. According to McKinsey Research, the use of better data analytics by marketers can increase ROI by 10720% 3.
DATA SURVEY ECOSYSTEM RESOURCES
Expanding on applicant A basis, if they choose, can resell the data. To do so, they use the initial case, Datareum simply inputs the data they have paid to go back into creating an ecosystem that, the data market, sets whatever price they choose to as we will see, the data 'Other applicants can choose to buy the including the data stream.
Results for data sold are shared between data, tokens, and sellers of goods and original data providers with regular services and offered by commissions extracted into Datareum funds. In this way, the applicant through the original data applicant to subsidize and potentially sell the voucher. even benefit from the data they have assigned. The providers of the data are temporarily compensated for additional sales. Note that only original data has been assigned to a resale platform to additional requester (data can not be brought from outside the platform and offered for sale in it) '
DATAREUM PROFIT MODEL
Wntten For all smart contracts in the data market IS the cost of transactlon is taken whenever there is a successful data trading for DTN. Thls transactlon feere presents Datareum's praclclclple earnings method of Creation lt. Infrastructure lt. What is not lost to Datareum that it is, m [hlS considers to act as an intermediate, the essential difference that the envwlon network is dlstributed and decentralized. Datareum does not maintain centralized servers from sensitive mformatlons but only builds infrastructure for a decentralized data market. Thus, the intermediate cost can be greatly reduced compared to the legacy platform.
And for more information about DATAREUM you can visit our official website and our social media below:
- WEBSITE: https://datareum.net
- WHITEPAPPER: https://www.datareum.net/whitepaper.pdf
- TELEGRAM: https://t.me/datareum
- TWITTER: https://twitter.com/datareum
- MEDIUM: https://medium.com/datareum
- ANN: https://bitcointalk.org/index.php?topic=3115745
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