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Datum is a decentralized and distributed high performance NOSQL database backed by a blockchain ledger. This technology allows anyone to backup structured data like social network data, data from wearables, smart home and other IOT devices in a secure, private and anonymous manner. Datum provides a marketplace where users can share or sell data on their own terms.
Once a blockchain startup takes off, it follows the goal to raise money for further development. Luckily, since 2017 there is a tool for crowdinvesting in new crypto businesses named ICO (Initial Coin Offering).
Blockchain startup Datum, powered by Ethereum, BigchainDB and IPFS, is creating a global data marketplace by turning data into tradeable commodities.