How valuable is your DATA?

Melvin Unana
Aug 31, 2018 · 3 min read

Nowadays there are too many ways on how to get information to other persons for free. Sometimes they use it to make bad things or good things and not giving credit to its original owner.

Data is a convincing weapon that we can get and use it willingly. You can use it to find jobs, lovers, homes and also can use to find a lost relative. Others are using this for their business.

Where can you find this data? There are two common ways to find pieces of data. One is the search engine which the most popular is Google. The other is social media such as Facebook, Twitter, Instagram, and Reddit. This social media’s are receiving information/idea from the people and then make it into data.

You usually use this social media to post a lot of information that you know. But what can you get in return for letting them know your information? Did you earn money for a living? I guess not all of us are business minded.

Imagine you have a multi-million dollar worth of the design that can benefit all society, You post it on social media. And then someone takes that design from you? It hurts right? Now you are thinking on how to get it back, but it won’t.

I do my research and found this amazing project called Datum network. This project let you stored your data at the same time get profit from it. Amazing is it?

Introducing, Datum network. This network can use as storage to protect your valuable data like Apple’s HealthKit. The difference is in the Datum network you can store any types of data. And all the data has been encrypted and protected using AES256-GCM with 256-bit key size for every 128-bit block. If you want to learn more visit https://datum.org/assets/Datum-WhitePaper.pdf

The Datum network holds your valuable data. This network is decentralized meaning no one can access or view about the data you keep unless you set rules on how to share your data. This Project will become the best storage data for big companies.

“ USE CASES “

As you can see above, the picture represents a short version of how to use the datum network.

What is Datum token (DAT)?
Datum token or DAT is a utility token use for paying for utilizing Datum network. The Datum token will become the utility of this project.

How to use?
For users, They must buy DAT to use storage from the network. For consumers, same as the users they must buy DAT to avail the data from users. Simple as drinking a bottle of water.

That way the users can profit from just storing the valuable data and not worrying about the copyright. This project will become the likely marketplace for good and quality data. And also future secured storage.

Remember I am not a financial advisor. It’s just my point of view in the project. Don’t expect too much from me. Still, Datum network is a good project. What are your thoughts?

Full Disclaimer: This article is not to be taken as Financial advice. Before Investing DYOR. This article was created in exchange for a potential token reward through Bounty0x.
Author part of BountyOx, a username of BountyOx: wenker123

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