DataBloc: Protecting the World's Data
About DataBloc
The authors introduce DataBloc, the first enterprise grade sharing economy for data storage and services. 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.
The amount of usable data is growing exponentially alongside advancements in Artificial Intelligence, Social Networks, Machine Learning, and the Internet of Things. Surprisingly, less than 50% of all data storage capacity is being utilized.1 Centralized data service providers have inefficient businesses models and lack security. Fully decentralized models improve security, but since anyone can act as a service provider, users lack transparency as to who is holding their data, creating significant adoption friction. However, a permissioned blockchain offers a logical middle-ground solution where users benefit from the security of the blockchain while maintaining transparency as to who is holding their data. The current version of StoneFusion is being transitioned to a permissioned blockchain solution. Smart contracts on the Ethereum blockchain will govern all transactions on the DataBloc platform.
Stone (ticker: STONE) is the utility token used to buy and sell services on the DataBloc platform. Royalty Bloc (ticker: RBC) is the security token that earns a real-time royalty on the revenue generated by the DataBloc platform. Both STONE and RBC are ERC-20 protocol tokens and have a fixed supply. To raise growth capital and distribute the tokens, DataBloc is selling STONE in a private sale followed by a public sale. After the STONE public sale, RBC will be sold in the first ever Royalty Token Offering.
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.
Stone
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
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.
Token info
Ticker: STONE
Platform: Ethereum
Token Type: Utility
Available for sale: 200,000,000 STONE
Financial
ICO Price: 1 STONE = 0.5 USD
Accepting: BTC, ETH, Wire
Soft cap: 10,000,000 USD
Hard cap: 100,000,000 USD
Use of Proceeds
Token Distribution
Roadmap
January 2006
StoneyFIy inception & first launch of StoneFusio.
October 2018
8th generation of StoneFusion goes live.
December 2018
Inception of DotoBIoc, Inc.
February 2019
Privote sole begins for STONE, RBC, and equity in DotoBloc.
Q2 2019
Public sole of STONE token.
Q3 2019
Web plotform beta releosed.
Q3 2019
Web plotform beta releosed.
Q3 2019
Royolty Token Offering.
Q3 2019
Incentivized onboording begins.
Q4 2019
Web plotform public launch.
Q4 2019
Selling to smell and medium sized businesses commences.
2020
Additional data services added to web platform.
2021
Marketing to 5G customers commences.
2021
Hybrid permissionless platform beta released.
Team
Griffin Rolander: Chief Executive Officer
Mo Tahmasebi: Head of Software Development
Jacob Watton: Chief Information Officer
Mina Vucinic: Project Manager
Isaac Schlenker: Chief Operating Officer
Jade Thorpe: Head of Platform Development
Eric Yao: Marketing - Content
Melissa Guadarrama: Marketing - Design
Sarah Davies: Marketing - Design
Michael Sannikov: Community Manager
Peter Galanko: Community Manager
Matt Gustavsen: Matt Gustavsen Media Consultant
Jon Brooks: Content
Advisors
Timo Trippler: Advisor
For More Information Click Link Bellow:
Website: https://databloc.io/
Whitepaper: https://databloc.io/DataBloc-White-Paper.pdf
Facebook: https://www.facebook.com/DataBlocIO/
Twitter: https://twitter.com/DataBlocIO
Telegram: https://t.me/DataBloc
Author: KHAN SHIQ QHEIL
My Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2550289
ETH Address: 0xa809395b84354d256302D97d5C68AaEE9EF84005
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