Token/Coin ID: DAT
Business Category: Platform, Cryptocurrency, Business services, Investment, Internet, Software
Launch Date: 2017-10-17
|Datum Market Cap|
Data is the new Oil. Datum is creating a global data exchange by turning data into tradeable commodities. Powered by Ethereum, BigchainDB and IPFS.
Datum is a decentralized and distributed high performance NOSQL database backed by a blockchain ledger. This technology allows anyone to backup structured data like social network data, data from wearables, smart home and other IOT devices in a secure, private and anonymous manner. Datum provides a marketplace where users can share or sell data on their own terms.
- Decentralized Data Store
Secure, private and anonymous storage of structured data
- Storage Nodes
Miners running Storage Nodes are paid for storing and providing low latency access to data
Users can choose to share their data selectively or even sell their data to trusted entities
The Datum network relies on the DAT token smart contract to provide secure trading of data while respecting the terms set out by data owners.
- Data owners pay small amounts of DAT tokens to store data
- Storage node miners earn DAT tokens for storing and transmitting data
- Data can be purchased by spending DAT tokens, on the owners terms
Datum successfully raised 5,000 ETH on their presale.
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