Dataeum Aims to Put Humans at the Center of the Data Ecosystem.
The Data market is estimated at over 3 Trillion Dollars. Without even knowing it, humans have become instruments of data collection through their actions, movements and behaviors, creating value for others.
Dataeum aims to disrupt the existing paradigm, by creating the first blockchain-based platform which uses crowdsourcing to enable the collection of 100% of all global physical data (such as stores, gas stations, traffic signs, etc) anywhere in the world, with 100% accuracy.
It does this through a mobile app and by using a distributed workforce of “collectors” who are incentivised in XDT tokens.
The solution’s efficiency has already been proven during three collection campaigns completed in Paris, Barcelona and London.
Dataeum will become the most used data blockchain in the real world thanks to its community that will collect millions of physical data around the globe.
BASED ON BLOCKCHAIN, SMART CONTRACTS TECHNOLOGY AND USING CROWDSOURCING, DATAEUM’S SOLUTION ENABLES RELIABLE AND ACCURATE COLLECTION OF ANY PHYSICAL DATA.
Humans are the core element of our solution. By using crowdsourcing to answer the current data generation methods’ limits (database matching, content analysis, tracking devices, etc) we will enable the collection of 100% of any physical data in the world.
We will enable our collectors, through a mobile application using deep learning and augmented reality, to be paid for the collection, verification and update of any physical data. Blockchain and Smart Contracts technology guarantee the transparency of the process.
Each validated data will be available on a decentralized marketplace that will allow any token holder to retrieve data for consultation, rental, or acquisition.
How IT Work
DATAEUM’S SOLUTION USES THREE PROOF OF PROCESSES TO GENERATE THE MOST ACCURATE PHYSICAL DATA WHILE USING CROWDSOURCING.
PROOF OF EXISTING DATA
A comparison of the collected data is made from two different collectors. If both data match, the data will be considered valid. If not, the data remains invalid until a further collector validates it.
PROOF OF CONSTANT DATA
To ensure a constant accuracy, data will be regularly updated. Its accuracy rate will decrease progressively on a monthly basis. An algorithm will guide the collectors to maintain up-to-date data.
PROOF OF TRUST
The collector will get a “quality score” for his or her collection actions. The more collectors initiate, update and verify data correctly, the higher their “quality score” will be. This ensures collection quality.
TECHNOLOGICAL DEVELOPMENTS WILL SUPPORT DATAEUM’S PROVEN SOLUTION IN CREATING THE MOST INNOVATIVE PLATFORM FOR DATA GENERATION
By using a mobile application to gather this data, Dataeum’s solution has already proven its efficiency and profitability during three collection campaigns completed in Paris, Barcelona and London where 250 000 physical data have been successfully collected.
The implementation of Artificial Intelligence and Augmented Reality technologies will enable automatic and instant recognition of any available visual information. This will be speed up the data collection process. In the end, the collector will only have to carry out validation work as the initial input is fully automated
BLOCKCHAIN BASED AND USING SMART CONTRACTS TECHNOLOGY DATAEUM RELIES ON A SOLID TECHNOLOGICAL SOLUTION THAT ENABLES TRANSPARENCY AND RELIABILITY FOR DATA COLLECTION.
Dataeum’s platform is based on technology layers to ensure efficiency, security and flexibility from the data collection to its availability on the marketplace.
BigchainDB is used as a storage solution for the collected data. Its immutability ensures a transparent process of data verification and update. The data validation triggers the collectors’ remuneration using a Smart Contract on the Ethereum blockchain. IPFS is used for any image linked to the visual element of the collection.
This real-time process ensures a high scalability of the system. It guarantees the collectors’ reward transparency, and ensures a real-time interaction for the token holders within the marketplace.
USE OF PROCEEDS
1.Funds will mainly be allocated to the technical developments of the platform, from data collection to the development of the marketplace.
2.To expand the data collection at scale, 25% of the funds raised will be allocated to build the activity and driving adoption.
3.20% of the funds will be used for communication, partnership efforts and integrations with exchanges to promote the solution visibility and ensure a quick growth.
4.10% of the funds will be allocated to operating and other expenses such as legal or administrative.