Making Sense of Sensor Data: Blockchain Startup DataBroker DAO Updates IoT Marketplace Platform to V2 and Begins Token Pre-Sale
A relatively under-discussed topic at present is the dramatic increase of investment and value within the Internet of Things (IoT) sensor data market; while it is expected to be worth 1.2 Trillion USD in 2019, it is still being hindered by companies and industries that reserve their sensor data within data silos.The majority of sensor data is locked away within their respective sensor owners, and 10% of that data is ‘sought for others’ - that’s roughly 120 Billion USD worth of data that will be unavailable.
A Blockchain startup in Dubai, DataBroker DAO, have sought to make sense of this mess and open up an IoT sensor data marketplace that is built on blockchain technology.The DataBroker DAO team have developed a platform on which users, companies and any owner of any IoT sensor device can buy and sell their data to any individual or organisation in the world. IoT sensor data can enlighten city governments with the lifestyle habits of their citizens, and marketing companies can better design their campaigns, academics and researchers can benefit from the enormous wealth of data and so on.
Read the details in the article of Coinidol dot com, the world blockchain news outlet:
https://coinidol.com/databroker-dao-upd ... -platform/
