Enabling the monetisation of IoT sensor data, turning sunk costs into perpetual revenue streams
Smart contract blockchain
Today companies make use of sensor data to optimise and monitor their operations. The result is a single purpose data landscape. What if we could make this data easily accessible to cities, organisations and entrepreneurs at an affordable price? DataBroker drives the evolution towards truly ‘smart living’. DataBroker is the first marketplace for sensor data using blockchain technology. It brings together all different participants in one place: sensor owners, data processors, and network owners.
DatabrokerDAO allows any owner of IoT sensors to automatically sell the data that he collects. The problem that the project solves really does exist. It is possible that in future the details of the concept will change, but the technology underlying the product in any case will be useful and the project will be able to continue development. DataBroker DAO is the first marketplace to sell and buy sensor data. As a decentralized marketplace for IoT sensor data using Blockchain technology, Databroker DAO enables sensor owners to turn generated data into revenue streams. The project can also benefit academics and researchers, as they can simply get access to thousands of sensors and can buy data directly and cheaper on the marketplace, cutting out established data providers. The beta of the platform is already available to check. There are multiple companies and projects that want to support DatabrokerDAO and the partner list is very well developed with big names like Panasonic. The team is quite big and consists of many blockchain-focused developers.
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