DataBroker DAO Updates on ‘Smart Islands’ Talks, as Token Event Closes in – The Merkle
DataBroker DAO is a blockchain solution for the Internet of Things (IoT), the market value in this industry is expected to soar by the end of 2019, with the estimated worth of sensor data at that point being USD 1.2 Trillion.
As most of the industry in this space are using decentralized systems dominating the market, and the majority of IoT sensor data being locked away, around USD 120 Billion worth of “sought for others” data generated will also be locked away.
Blockchain-based platform DataBroker DAO is set on disrupting the IoT industry and creating a remedy that goes far beyond just unlocking a financial figure. The platform will give users the ability to improve the quality of the sensor data, allow public or private entities to monetize their data at their consent. Additionally, the platform provides a niche way for unlocking the enhancement of the economic and social developments on “Smart Island.”