Topic > The Role of Data in Business

Data plays an important role in our daily lives; today every company needs data for development. The demand for its product in the market depends on the reliable data the company has. The number of customers for the product or service also depends on the data. Despite the stage the company is in, attracting consumers will depend on data. Nowadays companies have to make a lot of efforts to acquire a large number of consumers for their survival in the community or make large purchases. Therefore companies tend to hire more marketers to promote their service and bring it to their customers. Say no to plagiarism. Get a tailor-made essay on "Why Violent Video Games Shouldn't Be Banned"? Get an original essay This is why entrepreneurs have to spend a lot to do their market research and to get along with the new advertising platforms. This really poses a risk to the company because there is no guarantee that the company will get more sales. It is very important for an entrepreneur to know their interests and personal data to gain more attraction for their business in much more effective and profitable ways. This information will only be available to the person themselves or a similar company with which they have already made their purchases. This may result in the selling of such data at extravagant prices by the intermediaries without providing any guarantee and reliability. Social networks have achieved rapid growth by easily collecting such data and further selling it to large and medium-sized companies. We don't realize it until third parties make billions and trillions in profits simply by monetizing our data. We can prevent this from happening in our near future. But Data Blokchain is not just a solution for end users. It is a database aggregator that allows you to acquire large vendors and earn more profits. What are the 3 models of interaction with partners? · The first model does not store databases in the Datablockchain blockchain. io but are indexed by SIE (The Smart Indexing Engine) using the API. They are originally available to all users. Revenue is derived from the use of this data and distributed proportionally (from 20 to 80%) · In the third model the data will be entered by partners into the platform blockbuster and the income will be distributed in a ratio of 50: 50. There is a different partner model with the existing Appsbar. com covering more than two million small and medium-sized businesses worldwide. Taskbar. com are quite similar to Datablockchain. io, the easy integration of both companies has allowed us to move to a new level of integration and a new Datablockchain platform. I. This helps in providing updated databases to its users. Smart Indexing Engine (SIE) The SIE connects to databases that use elegant blockchain oracles known as DBCOracles (based on Chainlink/Oracle). SIE customs prognostic analysis to produce accurate assessments. The AI ​​in SIE enumerates each of the individual morals to model a developing measurable control. Through validation of the human test population, a qualitative element is constructed to accompany the quantitative evaluation. SIE regularly conducts overall performance ratings and uses past performance modifiers to discover and modify the rating. Evaluation parameters include relevance, timeliness, age, quantity, quality, consistency with other possible sources, and importance to a given population or regional standards. The highest ranked data sources receive priority over.