Thursday 31 January 2019

Dataeum - The First Blockchain-based Platform Using Crowdsourcing For Data Generation - Project Review


Dataeum is one of the blockchain platforms that use the crowdsourcing technology in order to enhance the collection of the global physical data which are present anywhere in the world with 100% accuracy. This is done with the help of the collectors that are used to incentivize the people who have purchased the XDT tokens in order to submit the physical data as well. The platform has already had an application that is being used to enable and gather all the physical data that is present anywhere in the world and with 100% accuracy in order to make it available over the decentralized system.

Also, check: Monarch ICO Review


Objectives  

The main objective of this ICO token is to support the small and large scale businesses which are using some kind of data that is required to grow their business. It is estimated that by the year2020 the accumulated growth in the digital business will grow to a larger extent from 4.4 trillion to about 44 trillion gigabytes. It is also estimated that the production is poor in some of the businesses due to the poor availability of the data that is available and the losses are increasing because of this quality. The data instruments are being prepared to solve this problem under the funding of this ICO so that the data is very well established for the overall development of the businesses. 

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