Dinma
Dinma
Sep 8, 2018 · 3 min read

DATUM-The Personal Data Marketplace

The world have gone digital and browsing on the Internet is one of the major part of this civilization. There are alot of social media sites around today, and quite a number of people engage and share posts on it. During browsing on social media, uploading documents etc. alot of data is being collected by these large private organisations. These organisations have alot of personal data of individuals stored, and it is an issue of serious concern cause this organisations can sell or exploit the personal data of of individuals. These secret exploitation of data is a major problem to helpless Internet users and it is unfortunate that most people are not aware of the value of their personal data. DATUM is here to offer solutions to this unfair exploitation of data.

What DATUM is All About

DATUM is a blockchain platform that offers the solution for users to regain the authority over their personal data. DATUM offers users a marketplace were they can sell or share data at their own terms, the data owners set their rules. It allows users to monitor who can assess their personal data. DATUM main goal is to establish a transparent marketplace where every party can benefit from, and for users to monetize their personal data.

Some Advantages of DATUM Network

-DATUM will provide a system that will run on a smart contract blockchain that will enable users to have control over their data.

-DATUM provides a market where users can monetize their valuable data.

-DATUM eliminates middlemen who add no value.

-Data is stored anonymously in DATUM network.

-Data is encrypted, ensuring security.

-DATUM provides a user friendly mobile app, for the effective management of data.

DATUM Mobile App

DATUM has launched a user friendly mobile app that will run on Android and IOS operating system. All data in the app will be encrypted before its sent to the network.By using this app users are given the opportunity to share their information with trusted and reliable researchers, or sell on exchange for DAT token. Data sharing can be disabled easily using this App. You can visit the website https://datum.org/to download the app.

DATUM Token(DAT)

DAT token is a utility token used to pay fees for data submission on the network. DAT token facilitates transactions in DATUM network. DAT token is already trading on top exchanges.

Use of Token — For trade of data

Token supply — 3 billion

Distributed in ICO — 1. 5 billion

Emission rate — no new coin created

Price — 1ETH =25,000 DAT

Blockchain — Etherum

Road Map

This is a detailed explanation of DATUM roadmap

Conclusion

DATUM is here to offer the much needed solution to internet users in protecting and storing their personal data. It is handled by a blockchain ledger that aids in securely data.

For more information about DATUM pls visit

Website : https://datum.org/

Whitepaper : https://datum.network/assets/Datum-WhitePaper.pdf

Medium: https://blog.datum.org/

Telegram : https://t.me/datumnetwork

Twitter : https://twitter.com/datumnetwork

Facebook : https://www.facebook.com/datumnetwork

Bounty 0x Username: Uplifted

This article was created in exchange for a potential token reward through Bounty 0x

Dinma
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