DataXchain - Blockchain Based Decentralized Data Trade Service

[lokomoco]

tobelet are planning a charity donations and funding program to support and assist data science, machine learning and IT solution industry to create an equal opportunity in the data trading market. and the 5% of the DXCT budget will spend here... isn't a great news? 

good to hear that they are the using the budget wisely!! how about the remaining 95%? where they going to spend it?

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[BybsAllstar]

tobelet are planning a charity donations and funding program to support and assist data science, machine learning and IT solution industry to create an equal opportunity in the data trading market. and the 5% of the DXCT budget will spend here... isn't a great news? 

in addition to that, tobelet plans on launching project dataXchain regardless of the initial demand for DXCT. tobelet is thankful to all ICO participants, supporters and future partners, for the opportunity to develop and release the dAtaXchain platform as an answer to some of the biggest data issues in the current world.

[battlax]

DXCT stands for dataXchain token. this is the main instrument of payment in Dataxchain and a cryptocurrency exchange option that is provided to secure more users in the market.

[supermll]

Three important questions

Today we would like to answer the three most important and frequently asked questions. We appreciate our investors and all people interested in the development of the project. That is why we create an open and transparent system of interaction with you. And we would like you to know everything about the project and its development.

1. What is DataXchain?

DataXchain is a blockchain-based decentralised data trade service providing a tailored matching service between data owners and data users through its unique Intelligent Matching Engine (IME).
 
Data users can purchase data, such as music, images or various forms of information, via a Smart Contract, which will automatically execute the transaction to pay data owners a DataXchain Token (DXCT) and allow data users to download the purchased data.

2. Who started DataXchain?

DataXchain’s core team is led by Mr Lee Woo Yung (CSO), Mr Baek Yong Chang (CEO), Mr Choi Young Hun (CMO) and Mr Frank Cha (COO).
 
Founder and CEO of Xiilab, Mr Lee is a prominent figure in field of data technology in South Korea. Having participated in policy formulation on data management at a governmental level, he is the President of the Association of Big Data Business & Services Companies in South Korea. He started Xiilab in 2010 and grew it into a Konex-listed industry leader in big-data technology and Artificial Intelligence with a market capitalisation of KRW1.1 billion.
 
Mr Baek built an impressive career as one of the key executives at KT Corporation, formerly Korea Telecom, which is the largest telecommunications company in South Korea. He was Managing Director between 2000 to 2010 and then Vice President after, overseeing areas such as intelligent data services, network and technology, technical sales, the Digital Library and the e-book business. More recently, he was the Senior Managing Director in Dinnoplus, managing sales and marketing of IoT, Edge/Cloud Computing and Big Data solutions.
 
As Chief Marketing Officer, Mr Choi will build DataXchain’s brand and drive its adoption. He has a strong background in Intellectual Property (IP) management, having been the Managing Director of Markpro, an IP management services provider, covering sales, marketing and operations for over 20 years at Markpro. He is currently also a Managing Director at Xiilab.

Mr Cha will manage the overall operation of DataXchain, implementing its business strategies and plans and building a successful ICO. Prior to this, he was the oversee the US operation of Markpro, driving sales and market share growth, services, managing market research and growing various product lines.

How does DataXchain make money?

DataXchain makes money each time a transaction is made, receiving a commission each time a data user decides to purchase data from data owners on the platform.
 
The company has undertaken to donate 50% of the commissions to charity, while ploughing the remaining 50% into the operations and expansion of the DataXchain ecosystem.
https://a.radikal.ru/a21/1810/34/d21b78aa4991.jpg

as a newbie here, those are also my questions!..thank you dataxchain for answering and explaining all those things..at least this will help us easily understand you project!..goodluck!

this also helps me a lot especially that i'm also new here in this thread. hoping that i can learn more from here with regards to your project!

[DataXchain]

Three important questions

Today we would like to answer the three most important and frequently asked questions. We appreciate our investors and all people interested in the development of the project. That is why we create an open and transparent system of interaction with you. And we would like you to know everything about the project and its development.

1. What is DataXchain?

DataXchain is a blockchain-based decentralised data trade service providing a tailored matching service between data owners and data users through its unique Intelligent Matching Engine (IME).
 
Data users can purchase data, such as music, images or various forms of information, via a Smart Contract, which will automatically execute the transaction to pay data owners a DataXchain Token (DXCT) and allow data users to download the purchased data.

2. Who started DataXchain?

DataXchain’s core team is led by Mr Lee Woo Yung (CSO), Mr Baek Yong Chang (CEO), Mr Choi Young Hun (CMO) and Mr Frank Cha (COO).
 

Thank you for your support!
Founder and CEO of Xiilab, Mr Lee is a prominent figure in field of data technology in South Korea. Having participated in policy formulation on data management at a governmental level, he is the President of the Association of Big Data Business & Services Companies in South Korea. He started Xiilab in 2010 and grew it into a Konex-listed industry leader in big-data technology and Artificial Intelligence with a market capitalisation of KRW1.1 billion.
 
Mr Baek built an impressive career as one of the key executives at KT Corporation, formerly Korea Telecom, which is the largest telecommunications company in South Korea. He was Managing Director between 2000 to 2010 and then Vice President after, overseeing areas such as intelligent data services, network and technology, technical sales, the Digital Library and the e-book business. More recently, he was the Senior Managing Director in Dinnoplus, managing sales and marketing of IoT, Edge/Cloud Computing and Big Data solutions.
 
As Chief Marketing Officer, Mr Choi will build DataXchain’s brand and drive its adoption. He has a strong background in Intellectual Property (IP) management, having been the Managing Director of Markpro, an IP management services provider, covering sales, marketing and operations for over 20 years at Markpro. He is currently also a Managing Director at Xiilab.

Mr Cha will manage the overall operation of DataXchain, implementing its business strategies and plans and building a successful ICO. Prior to this, he was the oversee the US operation of Markpro, driving sales and market share growth, services, managing market research and growing various product lines.

How does DataXchain make money?

DataXchain makes money each time a transaction is made, receiving a commission each time a data user decides to purchase data from data owners on the platform.
 
The company has undertaken to donate 50% of the commissions to charity, while ploughing the remaining 50% into the operations and expansion of the DataXchain ecosystem.
https://a.radikal.ru/a21/1810/34/d21b78aa4991.jpg

as a newbie here, those are also my questions!..thank you dataxchain for answering and explaining all those things..at least this will help us easily understand you project!..goodluck!

this also helps me a lot especially that i'm also new here in this thread. hoping that i can learn more from here with regards to your project!

[daffy2018]

a detailed announcement regarding on the issuance of tokens for lock-up system and bonuses will be posted on tobelet.org, prior to the Pre ICO.

[twinniebell2018]

dataXchain team sees this project as a great opportunity to introduce substantial changes into the way private individuals approach their income by creating a new financial stream as well as reimagining various aspects of their lives - work, education, leisure etc.

[blackpanther0018]

what is the reason why we should choose dataXchain platform among any other projects that has released? what is the assurance that our investments are worth it?

[sdancer2018]

what is the reason why we should choose dataXchain platform among any other projects that has released? what is the assurance that our investments are worth it?

we should choose this dataXchain platform because of its great and amazing features including user- friendliness, smart data handling, strong and quick service process, provides seamless, stable service, flexible software and many more.

[cheesetrap18]

tobelet is one of the partners of dataXchain which is supported by top liners in different segments of the market including blockchain as well as cryptocurrency.

truth! and tobelet welcomes every partners to join their cause and cooperate because for sure they will help lots of people not only in one country but in the whole wide world.

[shadowchaser2018]

total supply - 1,000,000,000 DXCT
tokens for sale - 730,000,000 DXCT
emission rate - no new tokens will be created
price - round 1 (Pre-sale)
          0.06 USD - 1 DXCT
          round 1-6 (main sale) market price
accepted currencies - BTC, ETH, USD
hard cap - USD 30M
minimum purchase - USD 100
maximum purchase - USD 500,000

[unicohijo2018]

total supply - 1,000,000,000 DXCT
tokens for sale - 730,000,000 DXCT
emission rate - no new tokens will be created
price - round 1 (Pre-sale)
          0.06 USD - 1 DXCT
          round 1-6 (main sale) market price
accepted currencies - BTC, ETH, USD
hard cap - USD 30M
minimum purchase - USD 100
maximum purchase - USD 500,000

thanks for this information! this will surely gives lot of help to know more details about dataXchain tokens. hoping for more updates about the project!

[candybutcher2018]

DXCT (dataXchain token) is an ERC20 compliant token. it has been designed according to the idea of fair and equal trading of digital asset values within the dataXchain ecosystem.

[D1jay]

income from DXCT sales will be used to further develop the DAtaxchain platform and this is such a great news! because the development of their project means also additional income for us!

How is this a great news Isn't that the reason for the sale in the first place? Or were you expecting the income from the DXCT sale to be spent by the team for their personal interest
Money raise from sales of all ico's are meant for project development so i don't understand why this is supposed to be a great news

[Champoy]

dataxchain will open up a new era in the Intelligent Data Age in which everyone can enjoy equal and happy digital economic activities.

[wasari]

dataxchain will open up a new era in the Intelligent Data Age in which everyone can enjoy equal and happy digital economic activities.

truth! and this project will also provide a tailored matching service between DAta owners and DAta users through their unique Intelligent Matching ENgine (IME) and transactions are facilitated and recorded by Smart Contracts.

[knotch]

dataxchain will open up a new era in the Intelligent Data Age in which everyone can enjoy equal and happy digital economic activities.

truth! and this project will also provide a tailored matching service between DAta owners and DAta users through their unique Intelligent Matching ENgine (IME) and transactions are facilitated and recorded by Smart Contracts.

and the smart contract is executed to guarantee not only a secure but an accurate purchase process at the same time. The data owner receies a fine amount of Dataxchain tokens (DXCT) for sold data.

every transaction will be recorded on the distributed ledger as immutable purchase evidence so we don't need to worry, thus minimizing the risk of fraud.

[kkdylme]

one of the features of dataXchain that distinguishes it from other similar platforms it its powerful, one-of-its-kind technology that powers the "DAta Enrichment Process".

[lokomoco]

is there any current project in the market that is the same with what dataXchain offers that can be considered as their potential competitor? what is the reason why we should choose this project than other project out there? what is it good points compared to them?

[battlax]

The market’s problem and the DataXchain solution

As we are currently shifting to the era of big data, we consider this as an opportunity to bring about tremendous changes to create immense wealth for individuals by creating a new earnings stream and reinventing various aspects of their lives in work, education, leisure and more . Today, big data is used more and more, but there are two serious problems in this area: insufficient reward for the trade and use of My Data and misuse and manipulation of My Data.

DataXchain has a solution to the problem! Our project is a "Blockchain-based Decentralized Data Trade Platform" which can be supplied with what data users.
Through 'decentralising' data ownership and trade, DataXchain aims to create a new data paradigm in which individuals, as opposed to data giants, own the rights to their own data and are equitably compensated if their data is used. It also aims to create a brand new data trade environment in which anyone can easily create Digital Assets to share or sell.

With data, penetrating, almost every aspect of our lives, we are able to dramatically improve our lives.

One big question is how are you going to monetize this thing. That is, suppose we imagine that everything works as you planned and who are your investors and due to what will the price increase?
Are you planning some kind of promotion in the community? For example, a bounty or something like that? Do you also need translators and people who will lead a branch in their own languages? I'm think you should think about it now.

this tremendous changes will surely makes our way of living much easier and our future to become a better one knowing that DataXchain are now here in the community to solve the two serious problems that has mentioned above