Datum: Your data has a price.

What Is Datum?

Datum is a decentralized global scale database with blockchain characteristics that allows anyone to securely store structured data. Datum returns data ownership to individuals and lets them monetize their data on their own terms. This lays the foundation to a new marketplace powered by a new asset class. Datum turns structured data into a tradeable commodity and is building the $120 Bln Data Economy

Background

We live in a knowledge economy where data is a strategic asset that allows companies to acquire and maintain their competitive edge. The value of raw data varies from a hundred cents to over several hundred dollars per individual. The more it is enriched, analyzed and leveraged for specialized uses, the more its value increases. Despite the large-scale monetization of personal and business data, the only player in the chain that is currently not getting paid is paradoxically the individual him/her/itself — who happens to be the source of harvested data. Your personal or corporate data is worth a lot of money. Facebook, Google and co. all happily collect data in return for nothing. This is the chance to gain back control of your data and determine if and when you want to sell it or share it. There is a quote which most certainly define the world we all live in today: “If you are not paying for the product, you are the product.” — Andrew Lewis, 2010. The Datum network model could provide a basic income for everyone by allowing them to monetize their anonymized data. As user of Facebook, Google, LinkedIn, Twitter, Yahoo and similar services — every year you create an excess of US $2,000, created directly from your personal data alone. For corporate entities, the value is even greater. This is only the value represented by data in each of these “data silos”, when you connect this data, the richer and wider the information, the more money it is worth. What if you could monetize this data yourself, deciding yourself how much you are willing to share in return for rewards and new opportunities.

Stakeholders

Users

Submit data. Data can be personal or business data and collections thereof or data from IOT devices and any other data source.

Storage

Nodes Provide compute power and storage capacity to store data in the de-centralized network. Storage Nodes are part of the BigchainDB cluster that allows Datum to provide global scale storage of submitted data.

Data Consumers

Any entity wishing to access data. Users can grant data under their precise terms, either for free or for a fee.

DAT Token Holders

Govern the Datum network and provide the “fuel” enabling transactions on the Datum network.

Datum focuses on empowering the users (the source of data).

Datum is Open Source and Free to participate. Fees are paid to store data, access stored data and rewards are paid out for submitting data.

Privacy

Each piece of data in the Datum network is marked with usage terms during the encryption. This way the user (the source of the data) can control in what way their data is to be shared and used by others. The usage terms are controlled by the DAT token smart contract.

Users have full control over privacy settings and can fine tune with whom to share data:

1. Share disabled

2. Share with specific, identified and known data consumers

3. Share with specific, identified and known data consumers for a minimum fee

4. Share with everyone

5. Share with everyone for a minimum fee Datum Client

Datum Client

The Datum Client empowers users to take control of all their data and optionally share or sell their data through the Datum network. The Datum Client is being designed for a large number of various platforms such as mobile and desktop. We are also designing support for embedded device platforms used in IoT devices, electric cars etc. to unlock the value of such device data. In the first phase the datum client will be offered as mobile app for iOS and Android. Focusing on the following key development goals:

● Overview of stored data

● Overview of DAT token holdings

● Simple privacy controls

● Detailed data access reports

● Focused on end user adoption

How to register for the Datum Presale

Register through the form here with your Email/ETH Address/Min Amount/Max Amount
Minimum Amount must be at least 5 ETH
Maximum Amount must not be more than 5 times the Minimum Amount. For example if your Minimum Amount is 10 ETH your highest permissible Maximum Amount would be 50 ETH
The presale offers a bonus of 50%, each 1 ETH contribution will receive 15'000 DAT tokens instead of the regular rate of 10'000 DAT

Token Distribution Information

Tokens will be distributed one week after the crowdsale is complete, between October 19–26, 2017.

There is a total of 3,000,000,000 DAT being created, and 1,530,000,000 will be available during the crowdsale.

Allocation:

51% of all minted DAT tokens will be offered for purchase across the pre-sale and crowdsale.

29% of all minted DAT tokens will be held in a reserve by the Datum Foundation for community initiatives, user growth, business development, academic research, and future market expansion.

20% of all minted DAT Tokens will be allocated to DAT core developers, founders, and advisors over a two year vesting period as incentive to ensure long-term alignments of interest and commitments towards the future value of the tokens.

Use of Crowdsale Proceeds

The proceeds from the crowdsale will be used as follows:

60%: Development

15%: Marketing

15%: Operations

5%: Legal

5%: Security

Team

Roger Haenni, Co-Founder and CEO

Roger is a serial entrepreneur with 17 years of experience with big data systems. He is also the co-founder of StockX, SwissInvest, PCP.ch, and Kosi. Most recently, Roger founded Clever Baby, a business focused on wearable smart-devices for children.

Gebhard Scherrer, Co-Founder

Gebhard is an operations product and service specialist with 20 years of experience in operations and sales. He is the co-founder of Gelid Thermal Solutions and Arctic Cooling. He has his master’s degree in business administration, with a focus in finance and capital markets.

VC Tran, Co-Founder

VC is a branding and marketing expert with 10 years of experience. He joined Gelid Thermal Solutions at launch and helped turn them into one of the leading CPU cooler and fan brands. Most recently, he co-founded Kosi, Ltd. with Roger.

Theo Valich, Head of Growth

Theo is an entrepreneur and analyst with 21 years of experience in technology related fields. His experience ranges from GPU to supercomputer design and he was the co-founder of Space Image Network, Robotic Systems, and VR World.

Florian Honegger, Smart Contract Expert

Florian has 15 years experience as an enterprise document and data management architect.

Vitaly Krinitsin, Community Manager

Vitaly has experience as a community liaison and marketer. Most recently, he held the position of technical marketing manager at GELID Solutions.

Website : https://datum.org/

WhitePaper : https://datum.org/assets/Datum-WhitePaper.pdf

My Bitcointalk Link Address :https://bitcointalk.org/index.php?action=profile;u=1273699

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