The Use of Datum to Benefit Users in terms Of thier Data

 

Our present day, with the coming of the Internet as well as the smartphone and devices, its usage is very high. As users utilize this forms of technology, a lot of data is being generated and this could be in the form of location data, history, and other sorts. This data are so very important that even companies offer a fortune to get their hands on them.
This data is usually sourced by the data brokers who then sell them to companies and corporations for a price and in turn they will be able to use such data to their benefits. If such data has a very detailed information as well as being very rich, it will attract a much more higher pay.
But one of the major issue here is the fact that users who generate this data are usually left out of the loop. He doesn't get a share of the profit made from the sale of his or her data and that's not fair.
Another issue was the fact that most of these user aren't aware or even if they are aware, have no control over their data, their data is still being siphoned by this corporations and t
We use a lot of mobile applications as well as social network and we generate a lot of data from the usage of them, yet we don't get paid at all for this data. Only this large corporation benefit from it and pocket the whole profit to themselves.
This now created a very serious concern for a lot of users and after a serious thought and deliberation came a platform that will forever change the life of this users and its called DATUM.

WHAT IS DATUM?

This is a platform that is blockchain based and was developed to solve the problem of users in relation to their data. With the platform, users will be able to store their data very securely on the blockchain network and will have a total control over their data. They will be able to control the data they are willing to share to other and can be able to monetize this data.
All this are made possible with the creation of a data marketplace that users can buy and sell data.
All the above processes take place on the platform with the use of the DAT token, a native cryptocurrency for the platform.

Features of the DATUM Platform

The platform was made to be very user friendly and it has the following features

• Privacy and Control - with the datum platform, users will be able to control and store their data securely without it being taken by the data brokers. They have a full control over this data and can control what they want to share with the data brokers
• DATUM Client - this is an interface where users can interact with in order to have control or if possible monetize their data. This will be in the form of a Web interface or an android/IOS application.
• Datum Marketplace - a virtual market where users can access in order to sell or buy data.

Conclusion

Thus, with the coming of the Datum platform, users will have no fear in terms of their data and will be able to safely store it in the blockchain network and anytime they wish will be able to monetize such data.

MORE INFORMATIONS ON THE LINKS BELOW:
WEBSITE: https://www.datum.org/
WHITEPAPER: https://datum.org/assets/Datum-WhitePaper.pdf
"This article was created in exchange for a potential token  reward through Bounty0x"
@vertyujg