A Closer Look at Databroker Dao
Databroker Dao is a blockchain-based platform with a noble goal of allowing sensor data owners to monetize their data. It is indeed quite problematic yet challenging for the sensor data owners to find someone who is willing to pay for their data since the market for sensor data indeed is highly niche; only those who know what to do with the data are willing to spend money on it. This is the very reason why Databroker’s existence means a lot to these people. This platform acts as a marketplace in which the sensor data owners and seekers meet. Upon meeting, these people may proceed to transactions involving the data they agree to put in line. Thanks to the adoption of blockchain technology, the transactions going on between them are fully reliable and secure, so is the data being transaction. Databroker Dao indeed offers a win-win solution for both data owners and seekers, as sensor data is rarely channelled effectively and, most of the times, being wasted. How Databr...