DATUM: REVIEW

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Once a day, billions of individuals surf through the web for such a significant number of reasons and anyway huge numbers of these individuals approach certain platforms which at times expects them to drop certain required data or information about them before they can proceed and a few platforms then again will expect them to drop certain touchy information like their i.d and transferring it online which is said to be in agreement to a KYC convention, however, the issue isn't tied in with transferring the information yet the issue is if the information will be used for the specified purpose.

Ever thought about how you wind up getting instant messages from people you never knew?? This all happens in light of the fact that a portion of the platform where we give our own information do proceed to offer that information without the assent of the proprietors and others keep the information in an organised structure which isn't completely protected in this way fraudsters can undoubtedly access those information and control them utilizing them for false exercises and consequently making issues for the legitimate proprietor of the information. These are few of the issues which are being experienced by the present data marketplace, thus with the aim of putting an end to every one of these issues is the focus DATUM platform. Datum is set to achieve this by utilizing blockchain and smart contracts.

DATUM PLATFORM

This is a platform which is to be based on blockchain and smart contracts which will show enlisted clients or users of the platform to recapture full proprietorship and control of their information. The Datum platform guarantees to offer a decentralized, more safeguarded and effective platform which is achievable by utilizing smart contracts and blockchain innovation. Another alternative the Datum platform guarantees to offer is to help arrangement of information for specific elements like scientists, organisations and people who need information with proficient and frictionless access to information under the sole terms of the proprietor or owner of the information. Datum platform gives information owners the benefit to either monetize their information or not and furthermore to choose who they need to sell their information to or not.

ATTRIBUTES OF DATUM PLATFORM

The Datum platform has underlying highlights or characteristics which makes it outstanding. Datum platform has an information store which is decentralised, quick and furthermore exceptionally secured and in conclusion, will keep running on smart contracts blockchain. Also, a utility token which will empower the sharing and additionally storing of information on the datum stage. Datum platform has a data marketplace which enables users to set terms for the sharing of information in return at a settled cost. Furthermore, a decentralized information storage framework which is completely versatile through the utilising of both BigchainDB and IPFS.

Datum Platform Is Made Up Of;

Datum Clients: This is an application which is set to be utilised by the Datum platform to enable convey some to kind of control for information proprietors to some degree. It makes a kind of road through which information proprietors can share their information through the Datum platform. The application will be composed so that it will be suited by various platforms.

Datum Network: This is another segment of the Datum platform which is composed so that it will help in taking care of key issues and consequently offer a framework which ensures information accessibility etc. Information on the platform is encoded and in addition, secured utilizing systems like AES256-GCM thus guaranteeing information honesty.

CONCLUSION

Datum is a unique data marketplace where users will be the master of their personal data at the same time earning thereof at their own terms and conditions. Datum ensures all data is safeguarded against cyber attacks, data breaches etc.