DATAEUM – The First Blockchain-based Platform Using Crowdsourcing for Data Generation
A storm has hit the investment market which we are not going to recover from. Crypto investment is that storm. With strict capital controls in place by most countries to control the flow of money and charge high taxes, cryptocurrency gained usage in circumventing capital controls and taxes, leading to an increase in demand. Cryptocurrency has been able to present an easy to use digital alternative to fiat currencies. Offering frictionless transactions and inflation control, investors have been prudent enough to add these currencies in their diversified portfolios as an asset, as the size of the market does not represent a systemic risk. Cryptocurrency employs the use of cryptography that assures high-security processes and verifies transactions personal to each user. Hence, counterfeiting and anonymous transactions are impossible to achieve.
While this revolution is gaining wide acceptance, Dataeum, a blockchain-based platform which uses crowdsourcing to enable the collection of 100% of all global physical data (such as stores, gas stations, traffic signs) anywhere in the world, with 100% accuracy has arrived.
Check out this video presentation
Dataeum is a blockchain-based platform which uses crowdsourcing to enable the collection of 100% of all global physical data (such as stores, gas stations, traffic signs) anywhere in the world, with 100% accuracy. It does this by using a distributed workforce of “collectors” who are incentivised in XDT Tokens to submit physical data.
Dataeum already has an App which makes it the only company that enables to gather 100% of any physical data, anywhere in the world, with 100% accuracy and make it available on a decentralized marketplace.
The collection solution has proven its scalability during successful tests in three major European cities — London, Barcelona and Paris with a large community of collectors.
Dataeum has attracted not only highly experienced and devoted team members, but also such well-known advisors as Simon Cocking (TedX speaker, top ICO advisor on Icobench), Sébastien Bourguignon (digital blockchain expert), Anders Larsson (VP at Ericsson, founder of Allcoinwiki), Mikhail Zelenin (Smart contract RnD, Blockchain architect at Naviaddress) and Ian Scarffe (leading expert in blockchain ranked #2 advisor on Icobench).
Dataeum Aims to Put Humans at the Center of the Data Ecosystem.
The Data market is estimated at over 3 Trillion Dollars. Without even knowing it, humans have become instruments of data collection through their actions, movements and behaviors, creating value for others.
Dataeum aims to disrupt the existing paradigm, by creating the first blockchain-based platform which uses crowdsourcing to enable the collection of 100% of all global physical data (such as stores, gas stations, traffic signs, etc) anywhere in the world, with 100% accuracy.
It does this through a mobile app and by using a distributed workforce of “collectors” who are incentivised in XDT tokens.
The solution’s efficiency has already been proven during three collection campaigns completed in Paris, Barcelona and London.
Dataeum will become the most used data blockchain in the real world thanks to its community that will collect millions of physical data around the globe.
Based on blockchain, smart contracts technology and using crowdsourcing, Dataeum’s solution enables reliable and accurate collection of any physical data.
Humans are the core element of our solution. By using crowdsourcing to answer the current data generation methods’ limits (database matching, content analysis, tracking devices, etc) we will enable the collection of 100% of any physical data in the world.
We will enable our collectors, through a mobile application using deep learning and augmented reality, to be paid for the collection, verification and update of any physical data. Blockchain and Smart Contracts technology guarantee the transparency of the process.
Each validated data will be available on a decentralized marketplace that will allow any token holder to retrieve data for consultation, rental, or acquisition.
How does it work?
The crowdsourcing community (collectors) initiate the process of generating real world data;
Other collectors verify the data;
If the data match, collectors get remuneration in tokens (70% for initial generation of data and 30% for verification);
Validated data becomes available on the decentralized marketplace;
All players searching for real world data, including maps, private companies, urban development companies and local authorities can rent the data from the marketplace.
Dataeum and Blockchain Technology
Blockchain based and using smart contracts technology Dataeum relies on a solid technological solution that enables transparency and reliability for data collection.
Dataeum’s platform is based on technology layers to ensure efficiency, security and flexibility from the data collection to its availability on the marketplace.
BigchainDB is used as a storage solution for the collected data. Its immutability ensures a transparent process of data verification and update. The data validation triggers the collectors’ remuneration using a Smart Contract on the Ethereum blockchain. IPFS is used for any image linked to the visual element of the collection.
This real-time process ensures a high scalability of the system. It guarantees the collectors’ reward transparency, and ensures a real-time interaction for the token holders within the marketplace.
Token Sale and ICO
Price 1 ETH = 12,000 XDT
Accepting ETH, BTC, Fiat
Hard cap 35,000 ETH
Whitelist/KYC – KYC & Whitelist
50% Token Sale
20% Team, Investors & Bounty
Use of Proceeds
Funds will mainly be allocated to the technical developments of the platform, from data collection to the development of the marketplace.
To expand the data collection at scale, 25% of the funds raised will be allocated to build the activity and driving adoption.
20% of the funds will be used for communication, partnership efforts and integrations with exchanges to promote the solution visibility and ensure a quick growth.
10% of the funds will be allocated to operating and other expenses such as legal or administrative.
MEET THE AMAZING TEAM MEMBERS AND ADVISORS
Be a part of this incredible project. Download the whitepaper for the full scoop.
Till next time…
For more information, please visit:
Bountyhive Username: TheMichael
Referral Link: bountyhive.io/r/TheMichael
My BitcoinTalk Profile: https://bitcointalk.org/index.php?action=profile;u=1326035
Disclaimer: This article was published in terms of the bounty campaign. I am not a project team member or its representative but a supporter of this incredible project.