How Blockchain will change the way we generate and store data

Dataeum
Dataeum
Published in
1 min readMay 29, 2018

Has blockchain already changed your life? Even if your answer is no, it’s probably not entirely true. This innovative technology is making giant steps towards taking a huge place in your daily routine and becoming the underlying basis of every other technology you’re used to.

Now we’d like to shed some light on how exactly blockchain will change the way we generate and store data — because it most certainly will. We’re on it.

As the amount of data keeps increasing worldwide, it needs to be decentralized, disintermediated, and incentivized. Blockchain and Smart Contracts are exactly what makes it possible.

Dataeum will be the first collaborative and decentralized platform for data generation. Any individual will be able to collect a high quantity of physical data through a mobile application and get rewarded for it. Data generation will no longer exploited by large corporations at the expense of the individuals who create it.

Inside Dataeum platform data will flow freely and securely between data collectors and acquirers. We are creating an ultra-scalable and highly reliable platform and secure the relationship between both parties.

The decentralization enabled by the Blockchain suppresses the middlemen and directly connects users to data acquirers. The Blockchain and Smart Contracts technologies provide full transparency on how data is collected, verified, updated and guarantees the reward of the collectors.

By putting individuals at the center of a decentralized data generation protocol, Dataeum’s solution will provide unequalled data quality to the market.

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Dataeum
Dataeum
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