Tue, 18 Dec 2018

Datum Network

The decentralized personal data bank account



Token symbol DAT
Emission​ ​Rate No new tokens will be created
Role​ ​of​ ​Token Enable trade of data between data owners and buyers
Token price 10’000 DAT per 1 ETH
Tokens for sale 1,530,000,000
Accepting ETH
Hard cap 153000 ETH
Token​ ​distribution​ ​date 4th December to 11th December 2017
Sale​ ​Period 29/10/2017 13:00 UTC to 29/11/2017 13:00 UTC

About Datum

Datum is a secure and decentralized personal data bank account powered by Ethereum, BlockchainDB and IPFS. It lets individuals take ownership of their information so they can share it with businesses on their terms. The Datum Network builds the foundation for the new personal data information economy, a USD 120 billion market by 2022.

Datum is a decentralized and distributed high performance NOSQL database backed by a blockchain ledger. This technology allows anyone to backup structured data like social network data, data from wearables, smart home and other IOT devices in a secure, private and anonymous manner. Datum provides a marketplace where users can share or sell data on their own terms.

Stakeholders

  • Users
    Submit data. Data can be personal data and collections thereof or data from IOT devices and any other data source
  • Storage​ ​Nodes
    Provide compute power and storage capacity to store data in the de-centralized network. Storage Nodes are part of the BigchainDB cluster that allows Datum to provide global scale storage of submitted data.
  • Data​ ​Consumers
    Any entity wishing to access data. Users can grant data under their precise terms, either for free or for a fee.
  • DAT​ ​Token​ ​Holders
    Govern the Datum network and provide the “fuel” enabling transactions on the Datum network.

Datum​ ​Client

The Datum Client empowers users to take control of all their data and optionally share or sell their data through the Datum network. The Datum Client is being designed for a large number of various platforms such as mobile and desktop. We are also designing support for embedded device platforms used in IoT devices, electric cars etc. to unlock the value of such device data.

Open​ ​Data

To allow humanitarian and other legitimate projects access to the data, these can register as projects. The user clients shows currently running projects requesting data access and users can control whether to give access or not based on their decision.

An example could information from digital health devices to medical institutions and researchers, or IoT devices in case of accidents such as natural disasters.

Tokens distribution

  • 51% Public Contributors
  • 29% Reserve Fund
  • 20% Team & Advisors

Use of proceeds

  • 60% Development
  • 15% Marketing
  • 15% Operations
  • 5% Legal
  • 5% Security

Start in 17-10-2017
Ended in 17-11-2017

  • Roger Haenni [CEO, Co-Founder]
  • Gebhard Scherrer [Operations, Co-Founder]
  • VC Tran [Marketing, Co-Founder]
  • Theo Valich [Head of Growth]
  • Florian Honegger [Smart Contract Expert]
  • Vitaly Krinitsin [Community Manager]

  • Concept Development [September 2016]
    Founders start exploring large scale data storage for IOT devices in the medical and smart home sector and devise first prototypes of structuring unstructured data
  • White Paper & Concept Validation [June 2017]
    With the release of the white paper and the resulting community feedback we have fine tuned the concept and laid out the roadmap for the Datum Network
  • Pre-Sale & Alpha Version [11 August 2017]
    The Presale for the DAT Token starts, DAT allows users to participate in the new data economy. Datum will also release a demo of the Datum app before end of August.
  • Datum Token Sale [29 October 2017 to 29 November 2017]
    The Datum Token Sale will run from 29th October till 29th November or until the hard cap is reached. Meanwhile development of the Datum test network continues.
  • Test Network Launch [December 2017]
    The launch of the Datum test network marks the beta release and will allow basic functionalities to be explored by developers and the community.
  • Release Candidate [March 2018]
    The feature complete release candidate will be deployed to the test network and undergo intensive testing and bug fixing over the next three months.
  • Datum Launch [June 2018]
    The launch of the Datum Main Network marks the start of the new data economy. At this point the Datum Network will consist of the decentralized Storage Layer, the Datum App, Open API's to submit and consume data and a full fledged trading system.

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