Datum Review

The Datum network allows anyone to store structured data securely in a decentralized way on a smart contract blockchain. The DAT keen token empowers discretionary offering and purchasing of put away data while upholding data use controls as set by the data proprietor. A great deal of this data is made by people or associations; perusing the web, connecting on interpersonal organizations, transferring individual records, adjusting gadgets and shopping on the web. This data is possessed and put away by extensive private associations in colossal data storehouses where it is powerless to offering, altering, extraction and other abuse. Datum proposes a system keep running on a safe brilliant contract blockchain that enables the majority of its clients to retake control of their data, not only the individual and ongoing data they create each day, yet in addition data from the (IoT) gadgets that they control. The Datum organize plans to give substances, for example, scientists, organizations or people the most effective and frictionless access to data while regarding the data proprietor's terms and conditions. By becoming a dominant data marketplace.
Datum aims to revolutionize the existing data market where data creators are rarely paid for the data and the monetization happens by middle men who do not add any value. The Datum arrange plans to help activities that intend to build control of data by their sources. This thus enables clients by 2 recovering control of how their data gets utilized and shared. Clients are boosted to utilize the Datum arrange for data stockpiling by security as well as by adaptation motivations. The more clients utilizing the Datum arrange the all the more intense the force turns out to be, inevitably clients can demand that data is put away and took care of through the Datum organize. Datum can be thought of as a decentralized rendition of Apple's HealthKit, yet for an data rather than just social insurance data. HealthKit has prompted a gigantic opening of data by taking part applications, anyway it is put away with an incorporated element, Apple Inc., and is just accessible inside Apple's biological community. Datum organize is being worked to empower the contribution of different kinds of data, and permit client control of the said data composes. Datum will start an adjustment in how individuals consider data. By engaging data makers with a protected method to store and trade their data, and an energetic commercial center to adapt this data, another financial model will be made that enables purchasers rather than extensive privately owned businesses. The DAT token will encourage remuneration of data sources and capacity hubs and empower another period of secure and decentralized data stockpiling and trade. You know we live in a learning economy where data is a vital resource that enables organizations to procure and keep up their aggressive edge. The estimation of crude data differs from a hundred pennies to more than a few hundred dollars for every person. The more it is enhanced, broke down and utilized for particular uses, the more its esteem increments, Despite the extensive scale adaptation of individual and business data, the main player in the chain that is as of now not getting paid is incomprehensibly the person who happens to be the wellspring of gathered 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. Datum is the secure and decentralized alternative.
In Datum Users Submit data. Data can be personal or business data and collections thereof or data from IOT devices and any other data source. While 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. 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. 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. Each piece of data in the Datum network is marked with usage terms during the encryption. This way the user 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
   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.
   Data Network Incentives, Datum network have different incentives.
   Users:
6. Control of use of data
7. Secure and infinitely scalable data storage
8. Monetization of data Data
   Consumers:
9. Direct access to validated and verifiable data
10. Lower costs by eliminating “data broker” middlemen
    Storage Node:
11. Rewards for hosting data and providing compute power
    In addition, Datum Network will rely on buyers to validate data and regulate fake or invalid data. However, the data validation mechanism can be implemented going forward and Datum also plans to implement a trust ranking system for all users. Data Consumers can request for data. Ultimately, it is down to individual network users to grant access to data. The credibility of data consumers is an important aspect to datum. As such data consumers will be incentivized to build a trusted track record in handling data responsibly. The Datum network fixes this by empowering its users to determine who gets access to their data.
    DAT tokens are utility token and cannot have a performance or a particular value outside the Datum Platform. While the platform is so important is that Datum network is being built to enable the input of multiple types of data, and allow user control of the said data types.
    https://datum.org/assets/Datum-WhitePaper.pdf
    https://datum.org/