Datum is a decentralized marketplace that allows individuals to monetize their personal data directly with buyers. Users retain control over their data and set their own terms for sharing or selling it, fostering a transparent data economy.
Funding
Funding not disclosed
Founders
Product
Problem
Individuals lack control over their personal data, which is often collected and exploited by large organizations without their explicit consent or fair compensation. Existing data storage solutions are centralized, making them vulnerable to data breaches, tampering, and unauthorized access.
Solution
Datum provides a decentralized data storage and marketplace solution that empowers individuals to control and monetize their personal data. Utilizing a smart contract blockchain, Datum enables users to securely store structured data and define usage terms. The DAT token facilitates data storage, sharing, and marketplace transactions, ensuring data owners are compensated fairly. Datum leverages a distributed network of storage nodes and encrypts data at the source, guaranteeing data privacy and integrity. The platform offers a user-friendly client for managing data and privacy settings, along with a developer-friendly SDK for integrating Datum's data storage capabilities into decentralized applications.
Target Audience
Datum targets individuals seeking control over their personal data and developers building decentralized applications that require secure and user-controlled data storage.
Features
- Decentralized data storage secured by a smart contract blockchain
- DAT token for incentivizing data storage, sharing, and marketplace participation
- User-controlled privacy settings with options to share data selectively or publicly
- Data encryption using AES256-GCM for data integrity and security
- Support for various platforms, including mobile, desktop, and IoT devices
- Developer SDK for integrating Datum's data storage into dApps
- Option to fuel transactions for end-users, removing the need for upfront ETH/DAT
- Data replication across multiple storage nodes for redundancy and availability