The decentralized personal data bank account
Smart contract blockchain
Florian Honegger - Smart Contract Expert
Datum is a secure and decentralized personal data bank account powered by Ethereum, BlockchainDB and IPFS. It lets individuals take ownership of their information so they can share it with businesses on their terms. The Datum Network builds the foundation for the new personal data information economy, a USD 120 billion market by 2022.
Nowadays, we are basically giving out our data to big companies for free. On the other hand, these companies sell it for millions of dollars. Datum wants to allow user to choose what data they want to share and sell it personally on the marketplace they provide. Such movement can gather a lot of supporters and potential users. We are using the internet everyday, so why shouldn't we profit from the data we create? This technology allows anyone to securely and anonymously manage and sell data, information, browsing habits from social networks, wearables, smart homes, and other IoT devices. The platform and app prototypes look very promising. The designs are looking good and it seems to be easy to use for any user. The team is wide and have required skills to develop such technology.
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