DataBrokerDAO: IoT is profitable

First Article

The owner of the device - benefit!

Do you agree with the statement that all the results of a person's activity should be paid for? With this it is difficult to disagree - you do not want one day, after completing the work, you did not get a reward for it. At the same time, if your property produces any good, it also automatically belongs to you. 

For example, if you have land on which soybeans grow, then you have the same right to them as the products that were created from beans without your permission. That is, if you raised soy, and someone gathered it in secret from you, made milk from it, and then sold this milk in the market, then you have the right to demand the benefits of these actions from such an enterprising person, because stealing - not good.

But what if it's about your data that was created by equipment that belongs only to you, is it worth to apply the same logic to this case? Of course, this is also enshrined both by national legislation of countries and by international law. Following from this, the profit from your data, which was obtained as a result of their sale to a third party, belongs to you after deducting the cost of the actions of the person who commits them for profit. This order of things would be fair.

If you look at what is happening now, you will realize that everything is far from being called fair:

• Companies collect information secretly from you. In the agreement on the use of various devices, you agree to the shipment of information of a certain nature and volume, but, in fact, simply transfer to the "center" a complete log of the system's actions. This will not please anyone (probably, because nothing is said about this in the agreements)
• They also sell your information further. It seems that there would not be anything wrong with that. Agree, not all data from IoT can be attributed to sensitive data, but there are exceptions. First, such information can be related to the security of your and your home. For example, how often your doors are opened - an experienced attacker can easily create an algorithm for his actions based only on this information. In addition, IoT is not always a job for smart house. This type of machine interaction is used in the most developed enterprises, and the mode of operation of certain tools can be even a commercial secret. You do not want the secrets of production to be divulged?

But this is not the most sad, in fact. Worst of all, when companies, collecting big data about the operation of devices, simply do not use them for further transfer and trade. In the end, information that could help create devices that would make our life even more comfortable, simply lies in the vaults, until it becomes irrelevant. It's something like, if you had the talent of a world-class boxer, but you were afraid to fight. 

Technological Data Trader

No, this is not the name of Ray Bradbury's novel, but only a section of the review about DataBrokerDAO in which we will describe how the project team is going to solve the problem with data that is not being used, although it could bring profit to its owners. 

Imagine that everything in your house is "clever": from the oven, to the washing machine. And all these devices continuously collect information about their work and the environment. Be sure, if the relevant companies knew what the filling is at your house, then you would have sent your people to agree with you on the acquisition of all the data stream that comes from your equipment and would offer a good payment.

Fortunately, neither you nor they need to hold these meetings with those interested in your information when there is a DataBrokerDAO platform. By connecting your devices to the platform system, you can instantly download information there. Suppose you have collected a certain amount of data on the operation of the same ventilation system, which we talked about a little in the first part of the review. What to do with it, do not put up the same advertisement for sale on the online bulletin board?

Of course, do not. Your buyer does not appear there often. Instead, it's better to use the marketplace from DataBrokerDAO, where such products will be placed. You can sell the information accumulated, say, for half a year for a certain price. But, there is an offer that you will like more: to provide the flow of current information to the consumer, setting a tariff for their services. In the end, you both get the advantage:

• The consumer receives fresh information that is of much greater value to him than what happened to your house, say a few years ago.
• You do not need to constantly deal with the sale of your information, but once you have established its transfer, regularly make a profit from it.

In addition, thanks to the blockbuster, you can be sure of what kind of information, how often and to whom is poisoned from the sensors of your devices. A transparent system of interaction also does not allow fraud or other violations to happen. At least, they can not happen for long. 

Since DataBrokerDAO is a decentralized platform, the solution of key issues lies precisely with its participants. That is, if you decide that you can install the program on your computer and simulate a real transfer of these devices unimpeded, then be sure that this will become known. And if more than two are known, then the community can decide that you are a fraudster and all the benefits that you would have to get will go to those who initiated the proceedings. So, do not get scammed on decentralized platforms.

This concludes our review of the DataBrokerDAO platform. As promised: a small flight of thought in the future. As it seems to us, this form of interaction will lead to an even faster development of the IoT sector. So do not be surprised if very soon you will see how everyone around lives in smart homes, and they control who entered the yard during the absence through the push-notification system of the smartphone. This is the future, to interfere in vain. And we were not going to, just wish the project luck and speedy launch, covering the world map as quickly as possible!

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