In the world of crypto industry, many different opportunities and ways are created to self-realize and promote themselves.
Every second on the planet tens of thousands of information files are created that store some kind of data system. This system can include absolutely anything: personal data, corporate, financial, data from IoT sensors, machine learning and much more.Every year, the turnover of data generated increases by an average of 30%, which naturally shows rapid growth. This fact is a consequence of our life and oddly enough it is one of the most powerful disadvantages.
The authors introduce DataBloc, the first enterprise grade sharing economy for
data storage and services. The DataBloc platform is a web platform that
seamlessly and securely connects service providers and enterprise customers. The
DataBloc software, also known as StoneFusion, will be a 9th generation
permission-based blockchain solution developed by StoneFly, a well-established
data services company based in Silicon Valley. The software supports various
data services and storage types, and offers enterprise-quality data optimization,
availability, accessibility, security, and protection.
Service providers download StoneFusion and list their available services on the
DataBloc web platform. Enterprise and public customers enter their storage
needs and which data services they require. Customers then select
accommodating providers from a curated list and purchase services directly on
the web platform. DataBloc is the first solution where enterprise-quality service
providers can download a software that allows them to sell excess data storage
and services over the internet, without customer acquisition costs—all within a
secure blockchain framework.
The amount of usable data is growing exponentially alongside advancements in
Artificial Intelligence, Social Networks, Machine Learning, and the Internet of
Things. Surprisingly, less than 50% of all data storage capacity is being utilized.1
Centralized data service providers have inefficient businesses models and lack
security. Fully decentralized models improve security, but since anyone can act
as a service provider, users lack transparency as to who is holding their data,
creating significant adoption friction. However, a permissioned blockchain offers
a logical middle-ground solution where users benefit from the security of the
blockchain while maintaining transparency as to who is holding their data.
The current version of StoneFusion is being transitioned to a permissioned
blockchain solution. Smart contracts on the Ethereum blockchain will govern all
transactions on the DataBloc platform. Stone (ticker: STONE) is the utility token
used to buy and sell services on the DataBloc platform. Royalty Bloc (ticker: RBC)
is the security token that earns a real-time royalty on the revenue generated by
the DataBloc platform. Both STONE and RBC are ERC-20 protocol tokens and
have a fixed supply. To raise growth capital and distribute the tokens, DataBloc is
selling STONE in a private sale followed by a public sale. After the STONE public
sale, RBC will be sold in a Royalty Token Offering.
Advantages and features
In addition to smart contracts, StoneFusion also uses advanced "elastic" data hashing algorithms to provide a high level of protection. This elasticity is able to provide a more reliable data transmission system, as well as provide a seamless method of storage, using additional blocks in the blockchain network. Complements all this coding algorithm (reed-Solomon Erasure), which accompanies all types of data on all nodes and protects them from hacking.
The convenience of StoneFusion is also directly dependent on its technical characteristics, so It can easily be compatible with any hardware wallet or device on which to store a sufficient amount of data. At the same time, StoneFusion can interact directly with other infrastructures, cloud storage and other backup systems.
The details of the ICO
As a unit of interaction, StoneFusion will use its token utility - STONE, which will interact directly with DataBloc and other companies. The use of STONE tokens is needed more as a link to produce transparent transactions between corporate clients and their users. After all, each STONE is backed by a smart contract, which means that each transaction is completely reliable, transparent and safe. The system will also offer royalty block (RBC) with which users will be able to earn up to 10% of the profits from the use of the DataBloc platform.
In total, the system will issue 200 million stone coins, with an initial value of 0.5 USD. During the pre-sale period, discounts of up to 40% will be available for each coin. At the end of its ICO, the developers intend to collect Hard Cap in the amount of $ 100 million.
Road map
Given the pressing problems with the lack of a reliable tool for data security and transmission, I believe that the world should make every effort to solve these problems. And in fact, I am glad that over time there are such projects as DataBloc, which are ready to take everything on their shoulders and demonstrate first-class tools and communication conditions for all participants in this market.
DataBloc platform and the software extension from StoneFusion conceals, I recommend to get acquainted with all the technical characteristics in more detail.
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We have presented our qualifications, motivations, and plans to create the first
enterprise grade sharing economy for data storage and services, facilitated by a
practical implementation of a two-token ecosystem that will properly incentivize
all participating parties. We have outlined the glaring market opportunity in data
storage and services. We have outlined our software solution and justified our
argument for why our solution will outperform competition. We have explained
how we will go to market and scale the platform through an incentivized
onboarding program to achieve critical mass as quickly as possible. We have
presented a plan for how tokens will be distributed in the pursuit of a stable and
thriving sharing economy. And, we have defined our mission – to protect the
worlds data. The potential for this project is powerful not only because it creates
an efficient sharing economy for data storage and services, but also because it
bridges the chasm between centralization and decentralization, empowering a
real use case in both the short-term and long-term, and finally because of the
massive head start DataBloc has with StoneFly’s existing software and enterprise
customers.
Official resources of the DataBloc project:
WEBSITE: https://databloc.io
TELEGRAM: https://t.me/Databloc
WHITEPAPER: https://databloc.io/DataBloc-White-Paper.pdf
ANN THREAD: https://bitcointalk.org/index.php?topic=5116789.0
FACEBOOK: https://www.facebook.com/DataBlocIO/
TWITTER: https://twitter.com/datablocio
MEDIUM: https://medium.com/@databloc
REDDIT: https://www.reddit.com/r/Databloc/
LINKEDIN: https://www.linkedin.com/company/databloc/
YOUTUBE: https://www.youtube.com/channel/UCMefQliXUQz8EYAOZXWQAtg
AUTHORSHIP:
MY BITCOINTALK USERNAME: vladbit155
MY BITCOINTALK PROFILE LINK: https://bitcointalk.org/index.php?action=profile;u=2539209
MY ETH ADDRESS: 0x497336b629912C2460DCAA72a2E885E1c1b41689