Datum | Decentralized Storage Network and Personal Data Marketplace

The Datum network is a decentralized network on a smart contract blockchain, which allow anyone to store structured data securely. The DAT smart token facilitates to sell and buy the stored data.

The data is a strategic asset in this modern era which assists to gain competitive advantages. Different individuals have different levels of value on the raw data. In today’s context there are several data brokers in the market, but the Datum is the secure and decentralized alternative that operates there. It can be stored data 4x faster than the world economy. Not only that the greatest thing done by Datum network is contributing to a substantial shift in economic power and source of economic value.

There is a possibility to lose the control over its data from its originators, when signing up to various services such as Facebook, Google, Instagram, Snap and Twitter and so on.

Datum addresses this issue by introducing a network run on a secure smart contract blockchain that allows all of its users to retain the control over their data. This can be used for personal and habitual data they produce every day as well as the data from the devices that they need to control.

The key elements of Datum can be identified as,

A fast decentralized data store – It allows users to store structured data securely.

The DAT token - It helps to share and store the data. There by the payment is made by the DAT token.

The data marketplace – It helps individuals to monetize their data on their terms

Datum leverages BigchainDB and IPFS – It is to provide an infinitely scalable and decentralized data storage backend

The Datum network provides service to researchers, companies and individuals in a most effective manner by giving easy access to the data while adhering to the terms and conditions of the data owners.

The Datum network will create a culture like the data is mainly owned by their creators where those data can be shared only monetize or destroy solely the discrete of their creators.

The Datum network gives more direct and better value access to users’ data. It may cause to reduce the brokers’ role in data market. Further, Datum can be identified as a decentralized version of Apple’s HealthKit (massive opening of data by participating apps)

The main stakeholders of this project are users, storage nodes, data consumers and DAT Token Holders.

The Token use in The Datum Network is called as DAT token. The total Supply of DAT token is 3,000,000,000 where only 1,530,000,000 are available for sale. In addition to this total supply of DAT token there won’t create any new token. The price of DAT token is stated as 25’000 DAT per 1 ETH. It was available for sale during the period started from 29/10/2017 to 29/11/2017. All the payments for DAT tokens are accepted only on ETH. The minimum softcap of this project is identified as 5000 ETH maximum hardcap is 61200 ETH.

The DAT Token are expected to allocate as follows,

Public Contributors – 51%

Reserve Fund – 29%

Datum core Dev – 20%

So raised funds are fully used for the development of The Datum Network by providing more efficient, transparent and secure smart contract token to facilitate exchange of data on the network. It has been planned as follows,

Development - 60%

Operations – 15%

Legal – 5%

Security – 5%

Marketing- 15%

In the near future The Datum Network will,

Offer white paper – It is targeted at enterprise and government users

Complete Developer Ecosystem – It completes a full development stack to store, share, monetize and analyze data

Be the Global Data Market place by reaching over 300M users in over 45 countries. It will be the autumn of this project.

The Datum Network is driven toward the success by an excellent team that comprises with highly qualified and well experience nuts. They are experts in big data systems, operations and sales, marketing , technology ,data management , computer Science , customer service , mobile applications and Investment and Banking and so on.

Datum Team