With strict capital controls in place by most countries to control the flow of money and charge high taxes, cryptocurrency gained usage in circumventing capital controls and taxes, leading to an increase in demand. Cryptocurrency has been able to present an easy to use digital alternative to fiat currencies. Offering frictionless transactions and inflation control, investors have been prudent enough to add these currencies in their diversified portfolios as an asset, as the size of the market does not represent a systemic risk. Cryptocurrency employs the use of cryptography that assures high-security processes and verifies transactions personal to each user. Hence, counterfeiting and anonymous transactions are impossible to achieve.
While this revolution is gaining wide acceptance, DataBloc, the first decentralized enterprise cloud for data storage and compute has arrived.
"Data is a big deal in the digital world. With the advent of new technology such as artificial intelligence and the internet of things, information is being charned out at unimaginable rates. As early as 2010, there were approximately 5 billion people using Smartphones. With more gadgets now connected to the internet, you can be sure the rate of data production has dramatically increased over the years.
Proper harnessing and application of this data could lead to a significant transformation of our lives. However, the generation of data at this rate also brings about problems, chief among them being storage.
Data storage has always been a difficult task. There has always been the problem of how to store large volumes of information for the long term and in a way that the data remains secure and easy to access. There is a dire need for a storage mechanism that is scalable, and flexible enough to adapt to the ever-increasing data volumes in the world."
With that being said, DataBloc is aggregating excess storage and compute capacity from data centers to offer the most affordable and secure enterprise cloud services on the market.
But before we go any further, please check out this video presentation to get even more acquainted
Now that I have your attention, let’s get right to it.
What exactly is DataBloc?
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.
Furthermore, DataBloc is the primary enterprise-class financial device for storing information and services. The DataBloc Platform is an internet platform that really and securely connects carrier suppliers and corporate clients. DataFloc, also recognized as StoneFusion, could be a 9th generation, block-based, block-based resolution constructed through way of StoneFly, a well-established Silicon Valley-based data-processing company. The device helps diverse information suppliers and garage types, and likewise adds optimization, availability, accessibility, safety and safety of corporate great data.
DataBloc could be on hand via an online platform the place qualified carrier services record their information services. Service will fluctuate from information facilities to enterprises with their very own information services. services will enroll in the community to enhance the fluctuate in their products, develop their purchaser base and scale back the expense of attracting customers. Businesses will enroll in the community to boom safety and generate further passive sales from their inactive garage capacity.
DataBloc aims to democratize Big Data and level the data playing field by providing the most comprehensive marketing data solution to allbusinesses and individuals.
The DataBloc Solution
The Web Platform
The DataBloc network will be accessible through a web platform where qualified service providers list their data services. The service providers will range from data centers to enterprises with in-house data service facilities. The service providers will join the network to improve their product offering, grow their customer base, and decrease their customer acquisition costs. Enterprises will join the network to improve security and earn incremental passive revenue on their dormant data storage capacity.
Enterprise and retail customers purchase these data services on a subscriptionbased model. The web platform will allow customers to filter service providers by criteria including, but not limited to, cost, capacity, services, redundancy, and location. The web platform will then generate a list of qualified service providers. The customer will review the list, choose a service provider, and checkout.
The DataBloc Software
The DataBloc software, also known as StoneFusion, will be a 9th generation blockchain solution developed by StoneFly, a well established data services company based in Silicon Valley. StoneFly has invested approximately 40 million USD into this product and has more than 16 full-time software engineers working on development. The software supports various data services and storage types, and offers enterprise-quality data optimization, availability, accessibility, encryption, and security. DataBloc is transitioning StoneFusion to a permissioned blockchain based on Ethereum, which enables the use of a token that facilitates an efficient sharing economy. In contrast to the fully decentralized setting, users will know and trust the nodes they choose to purchase data services from.
As a utility token, Stone (ticker: STONE) will be a useful way to interact with the DataBloc platform. The STONE token can be defined to represent future access to a company’s product or service. The defining characteristic of STONE tokens is that they are not designed as investments. There is no guarantee or promise of a return on investment. The tokens represent a unit of account for the network. The bigger the network grows, the more utility in the token.
Royalty Bloc (ticker: RBC) will earn a 10% royalty on the revenue generated by the DataBloc platform in perpetuity. Through smart contracts, RBC owners will earn STONE in real-time by receiving 10% of every payment. They will have the choice to either sell their STONE, use their STONE to buy data services on the web platform, or hold their STONE in a wallet. RBC should increase in value alongside the total revenue generated by the DataBloc platform. The RBC valuation should be determined by the projected future value of cash flows generated from the 10% share of platform revenue. By offering robust data solutions and a wide variety of data services to enterprises as well as the broader public, the RBC revenue stream is exposed to a diversified set of clients, all of whom have different risk tolerances throughout a market cycle. RBC will be sold as a security, not a utility, and will not be advertised nor sold to the public.
Pre-ICO token supply: 200,000,000 STONE
ICO token supply: 200,000,000 STONE
Total tokens for sale: 200,000,000 STONE
Soft cap: 10,000,000 USD
Hard cap: 100,000,000 USD
ICO Platform: Ethereum
Registration year: 2019
Token standard: ERC20
Token price in USD: 1 STONE = 0.50 USD
Accepted currencies: BTC, ETH, Wire
0-2 MM RBC - 25%
2-6 MM RBC - 10%
Use of Proceeds
75% - Incentivized Onboarding
15% - Sales & Marketing
8% - Product Upgrades
2% - Network Management
Treasury - 15%
Community - 5%
Early Investors - 10%
DataBloc Team - 10%
Public Sale - 60%
MEET THE AMAZING TEAM
Be a part of this incredible project. Download the whitepaper for the full scoop.
Till next time…
For more information, please visit:
My Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2487106
Disclaimer: This article was published in terms of the bounty campaign. I am not a project team member or its representative but a supporter of this incredible project.