DataBlockChain [Review]
There are data-driven companies that rely on Artificial Intelligence (AI) and Machine Learning data for the creation of new products and services. Most companies must pay hefty prices for obtaining data and most times its authenticity cannot be determined. DataBlockChain (see: https://www.dbc.io) solves this issue by becoming the single interface between data producers and data users. They would guarantee the authenticity of data to the buyers, thus ensuring that end users have full confidence in the quality of data it purchases. To implement this system, they have used the cryptocurrency system, where Ethereum is the currency for the platform.
This company seeks to solve two major issues. The first is solving the high cost of data by offering it at a more affordable price and the second is the lack of relevant data where this company would implement the use for AI for sourcing data, ensuring a much more efficient process than relying on humans. By implementing the use of AI, it eliminates the need of manually sifting through large chunks of data for extrapolating what is relevant to the needs of data companies. The technology is very transparent, ensuring that all the data it receives are authenticated and data producers are traceable. DataBlockChain would make data accessible to ensure that smaller companies or even individuals, would be able to obtain whatever data they need.
The company uses a Wallet called the DBCWallet where users can store their DBCCoins for purchasing services on its website. DBCCoins can be purchased through the Token Sale using the Token Mechanism as follows:
• Sign up on the website and create a profile, then install the DBCWallet
• Use the DBCWallet to purchase or exchange ETH for DBCCoin Tokens
• Create a Query Request for the data that you need and you would then receive a data count and the price
• Purchase the data using the DBCWallet and a small contract would be executed to send the payment to the data provider.
• The Data Source Provider would receive the payment in the form of DBCCoin which can be converted to ETH or USD.
This process eliminates the need for middle men such as brokers and list managers as well as multiple data vendors who create drastic inefficiencies in these types of systems. All you need is to follow 3 simple steps, run a count, pay for your purchase and download the files. More information can be obtained from the white paper found via the links below:
Official DataBlockchain Links:
🌐 Website - https://www.datablockchain.io/
⬜️ Whitepaper - https://www.datablockchain.io/pdf/whitepaper.pdf
🔶 One Page - https://www.datablockchain.io/pdf/onepager.pdf
💬 Twitter - https://twitter.com/DBC_IO
👥 Facebook - https://www.facebook.com/datablockchainio-210421122875853/
🗣 Linkedin - https://www.linkedin.com/company/datablockchain/
👀 Reddit - https://www.reddit.com/r/datablockchain_io
📘 Medium - https://medium.com/dbc-io
📧 Inquiries:
Marketing proposals: [email protected]
Support: [email protected]
Pre-Sale/Main Token Sale Info
1 DBCC = 0.00024ETH
Total Tokens Created:
870 Million DBCC
Total Tokens Being Sold:
522 Million DBCC (60%)
Private Sale:
100 Million DBCC Tokens
Pre-Sale (5/27 - 6/21)
Total Tokens Being Sold: 164.58 Million DBCC
Token Price: $0.08 ($0.12 w/ 50% bonus)
Main Token Sale (6/27 - 7/21)
Total Tokens Being Sold: 257.42MM
Token Price: $0.12
• Team/Advisors Allocated: 221.1MM (25%)
• Bounty Campaign: 10MM (1%)
• Air Drop/Marketing: 10MM (1%)
• Exchanges/Reserve: 106.9MM (12%)
• Min purchase for Pre-Sale: 0.5 ETH
• Min purchase for Main Sale: 0.1 ETH • All Unsold Tokens will be burned
• Team members will be on a 12 month vesting schedule with 25% released quarterly
• Soft Cap: $10 Million | Hard Cap: $50 Million P
Author details
Bitcointalk Username :- Cryptopal2