The Ecosystem
Datum is a decentralized storage network and personal data marketplace powered by the Data Access Token (DAT). You can earn tokens for sharing your personal data with Datum’s pre-screened partners.
The Ecosystem:
The Datum network relies on the DAT Token Smart Contract to provide secure trading of data while respecting the terms set out by data owners.
How To Use Datum:
Here’s the basic step by step process a user will use to interact with Datum:
+Step 1: User submits data: Data is encrypted with specific usage terms attached.
+Step 2: Storage node miners save data, and storage nodes earn DAT tokens in exchange for providing that storage space.
+Step 3: Buyers acquire data under terms. The buyer will purchase DAT tokens. Then, a smart contract will initiate off-chain key exchange to release data. DAT tokens are transferred to the owner of the data, and the buyer uses that data according to the terms.
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