DataBroker DAO Launches An Internet of Things (IoT) Sensor Data Marketplace
DataBroker DAO Has Gone Ahead to Launch the IoT Data Marketplace
With the current world that data keeps growing each given day, DataBroker DAO has found a way that users will be able to monetize their data for the very first time. This is by selling data that other companies in the market will be able to profit from, but this is not all as it will also allow others in the market to have an opportunity to purchase some quality data all at a reasonable price.
It has been found that the IOT data is around $80 billion, and this is expected to grow at a rate of about 20% to 30% by the year 2020.
DataBroker DAO was not able to meet its funding goal in the last token sale, but this did not stop them from securing a strategic partnership with some of the various governments and the communities around the globe. This is to ensure they are able to make some impactful steps that will help in the integration of the company’s offerings across the world.
The Future Plans For The Company
DataBroker has a couple of things in store; the first is they have been working behind the scenes to deliver a product that users and investors on the platform will start to use. But this is not all as the team of the company has also been working on a better appearance, plus some convections that will be taking place this year, thus, there is a lot to look out for.
Earlier this year the DAO team was able to attend the Smart Island World Congress.
It was an event that was able to bring together the various island nations where they are able to meet and find the appropriate innovative solutions for different issues, like waste management. Islands have proved to be a perfect sandbox for the IoT technology to flourish.
The reason being the Islands are isolated enough, thus, are able to effectively measure the effects that arise from a change of a single variable without having any interference from the border countries. With all this, it still contains all the aspects that are present in a typical nation, so this means the improvements that are witnessed here will quickly be scaled to the larger countries around.
The upcoming event is the Expo World Congress that will be held on 13th to 15th November in Barcelona.
The event has been designed to be a little similar to the event the company had attended this year; the event will allow the company to talk about the different ways in which IoT technology will be able to improve the quality of life within the various cities around the globe, thanks to the revolutionary methods.
The event will attract a large group of visitors plus exhibitors and other speakers; thus, this will allow the team to have the opportunity to connect with some of the potential users plus partnerships during this event. Besides the presence of innovative cities and islands, DataBroker will be looking to invest in some of the innovative countries, this is the likes of China.
With the Fourth Industrial Revolution having Internet of Things (IoT) being a critical factor, China has gone ahead to prepare itself so that it is a world leader when we think of IoT sensor hardware and data.
Accordingly, it is only normal for the company to adequately position itself to be accessible in this huge and fast-growing market.