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Dataeum

Dataeum is a blockchain-based platform which uses crowdsourcing to enable the collection of 100% of all global physical data (such as stores, gas stations, traffic signs, etc) anywhere in the world, with 100% accuracy. It does this through a mobile app and by using a distributed workforce of “collectors” who are incentivised in XDT tokens to submit physical data.

Description

Dataeum (dataeum.io) is a blockchain-based platform which uses crowdsourcing to enable the collection of physical data (such as stores, gas stations, atms, traffic signs, etc). It does this through a mobile application and by using a distributed workforce of “collectors” who are incentivized in XDT tokens to submit physical data attributes (geolocation, name, opening hours, phone number, address, website, category, photo). Once validated through a decentralized process, the data is made accessible on the marketplace where it is licensed to data acquirers for different purposes: maps, gps, online listing, real estate, local supplier, self-driving car, drone delivery, etc. The physical data market is estimated at $250 billion. Despite its importance, this data remains hard to harvest and barely accurate: - Less than 30% of all global physical stores are displayed online on Maps. - At least 40% of the US retailers display at least one missing or incorrect information online. - Less than 8% of the pin geolocation placements on maps are correct. By using crowdsourcing and blockchain technology, Dataeum answers the market issues, enabling to gather and verify 100% of all global physical data. And all of this solution is based on a profitable model. Dataeum has already built a product and prove the efficiency of its solution during three collection campaigns completed in Paris, Barcelona and London where 300,000 physical data have been collected. During these campaigns, 100% of the data has been collected in the targeted areas, and 40% was not displayed on maps. This unicity enabled rapidly partnerships to license the collected data to several data acquirers. Sustainable and scalable, Dataeum is building the most reliable source of physical data in the world.

Industry

  • Software

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