DATABLOCKCHAIN: Merging Big Data, AI and Blockchain

 

DataBlockChain.io is a revolutionary data platform that stands to disrupt the way that companies and individuals gather premium data. Our product will democratize data, making it more readily available and less expensive than the current methods of data gathering and vetting. The result is that clients can access specific data sets in a cost-effective and transparent way, collecting exactly what they need without paying for extraneous data.   

With the market for advertising reaching $591 billion in 2017 and $209 billion of it dedicated to digital advertising, the need for accurate data is only growing. Data is the backbone of the marketing boom, and DataBlockChain.io has the capability to be the category killer  We will merge our own proprietary data with many of the world's largest databases ranging from government data, industry specific data, voting records, business to business data, property data, credit bureau data, etc. to create a comprehensive variety of data sets valuable to individuals and businesses looking to both attract and retain clients.  The level of access to quality data DataBlockChain.io offers has been cost prohibitive for most companies outside of the Fortune 500, but as a result of our platform, all participants will be able to obtain the exact, nuanced data they are seeking. Because DataBlockChain.io removes the middlemen in the data industry that tend to drive prices up and cause inefficiencies, no order size will be too small to fulfill. This opens up an untapped market of potential clients on a global stage.

The Problem

In order a business can continue to exist and compete in the market today or even expand its business is how the business can offer products/services needed by consumers. This is very important for a business to retain existing customers and get new customers. However, what is happening now is that businesses have difficulty identifying the needs of consumers because of the lack of complete and quality data sources, which results in the loss of customers.The existing data marketing ecosystem is not efficient, effective, and even costs a lot of time and money, so the demand for quality and complete data is increasing. On the other hand, data providers are also faced with various problems, such as data monetization guarantees, trusted organizations to store and manage data, and data abuse.

The Solution

DataBlockChain.io aims to democratize large data and level of data by providing the most comprehensive data marketing solutions for all businesses and individuals.DataBlockChain.io will revolutionize the data listing industry by eliminating intermediaries and creating more efficient data sources and delivery processes. DataBlockChain.io. will be very beneficial for users and data providers.

BLOCKCHAIN INTEGRATION

DataBlockChain.io utilizes the Ethereum Blockchain and Smart Contracts for all transactions and payments. Blockchain is a secure transaction ledger database that is shared across a distributed network of computers. Blockchain uses state-of-theart cryptography to keep transactions secure. The ledger stores immutable records and cannot be hacked. The Blockchain adds trust across transactions.

The Ethereum Blockchain empowers DataBlockChain.io to make complex payment contracts to diverse data sources. DataBlockChain.io supports Smart Contracts for transactions, payments and auditing. It allows existing data sources to have full faith in the transactions and payments. Transactional history includes data sources used, records obtained from each source, and payments made to these data sources. Every Transaction can be Audited. The Blockchain protocol keeps these transactions transparent, immutable, and verifiable.DataBlockChain.io utilizes IPFS to store the completed transaction record. This record allows Data Providers to scrutinize their transactions to check data usage and payouts. A cryptographic hash pointer to the full transaction is stored in the public Ethereum Blockchain for full auditability. Data Providers can view a complete breakdown of their transactions using a Management UI provided by DataBlockChain.io.

DBC WALLET

The current process for using utility tokens is very complex and not user friendly, thereby limiting potential usage.The user will require multiple wallets and a technical understanding of Exchanges , Ethereum, Wallets, and Token Exchange. The process is complex and involved. The steps include:

·  Creating an Ether wallet that has access to the main Ethereum network

. (This is a complex process that involves many steps and an understanding of Private and Public Keys)

·  Use an exchange to purchase Ether which is stored in the exchange wallet

. (Some exchanges allow Fiat to Ether purchase but others require you purchase BTC separately and then convert the BTC to ETH)

·  Transfer the Ether from the exchange wallet to the user wallet

. (Needs an understanding of wallet addresses and exchange fees)

·  Find the Token Sale for DBCCoin and transfer ETH using a Smart Contract to exchange for DBCCoin. (Requires an understanding of Smart Contracts, Gas, Wei, and Transaction Hashes)

·  Use DBCCoin for purchases by sending DBCCoin to a transaction address. 

THE DBC WALLET MAKES A COMPLEX PROCESS SIMPLE

DBCWallet is a browser extension that allows the user to store DBCCoins and use them to purchase services on DataBlockChain.io with a few clicks. 

The DBCWallet creates a secure local Ether wallet that is stored on the user’s computer. DBCWallet creates a simple process for the user to purchase Ether through a trusted exchange. The Ether can then be easily exchanged for DBCCoin with one click using the wallet. The DBCWallet can be used to pay for transactions on the website like a credit card.

DEVELOPMENT ROADMAP 

*MVP, the Minimal Viable Product, will demonstrate the capabilities of the system and have a functional UI for querying and purchasing data. The query system will utilize the Smart Indexing Engine Beta. The payment system will utilize Blockchain technology.

Website : https://www.datablockchain.io/

Whitepaper : https://www.datablockchain.io/pdf/whitepaper.pdf

Telegram : https://t.me/dbcio

MVP: https://www.dbc.io/

ANN Thread : https://bitcointalk.org/index.php?topic=3361166.0

Bounty Thread : https://bitcointalk.org/index.php?topic=5026029.msg45504370#msg45504370 

Bitcointalk Username : Elsa20000

Profile Bitcointalk  : https://bitcointalk.org/index.php?action=profile;u=1691648;sa=summary