Columbia - Webflow HTML website template

Frequently Asked Questions

What problem are you solving or which advantage do you provide?

DATACHAIN FOUNDATION aims to fill the identified security breach in the data storage and data streaming industries (Ip Hijacking, Data breaches, Data forgery). We provide a secure by design decentralized data storage solution making data injection and data forgery impossible to ensure point to point data integrity. Our Decentralised Data Management Infrastructure is designed for a data-driven world where AI will have to process Zettabytes of data in real-time to provide accurate and relevant context-aware recommendations to people and machines. Our Decentralised Data Management Infrastructure structured around the Datawallet is a structural answer to Data Breach and Data forgery problems that are a direct consequence of the highly centralised model adopted by all the major actors of the Data Brokerage and digital marketing industries. Datachain Foundation solves the single point of failure problem by adopting the federative distributed network architecture designed by Paul Baran (probably the real father of the internet).

What is the size of the market from now to 3 years!

We use our technology to power the Internet of Everything raising industry a corollary of smart cities leveraging Big Data and machine learning industries. Our technology will grant the combined market to have access to the trustful data required by the embedded Artificial intelligence powering Smart-cities’ context-aware recommendation system. The global internet of everything (IoE) market size was valued at $928.11 billion in 2020 and is projected to reach $4,205.50 billion by 2030, growing at a CAGR of 16.5% from 2021 to 2030.

Internet of Everything (IoE) is a ground-breaking technological advancement that has the potential to revolutionize every area of business and society. The Internet of Everything (IoE) is a network of embedded computing devices, people, data, and things that are uniquely integrated in current Internet architecture. The Internet of Everything (IoE) has enabled a web of connecting networks between people and machines, enhancing the capacity to remotely operate infrastructures like smart grids, smart homes, smart cities, intelligent transportation, and others. The Internet of Everything (IoE) provides high security, high standards, and other social and economic benefits. Businesses are also adopting IoE to increase efficiency and cut expenses including capital investment, energy, and labor.

What motivated you to adopt your ecosystemic approach?

In 2021 I understood that in order to survive, we would have to pivot our focus from BtoB and BtoG to BtoC / BtoBtoC. We also made a deep analysis of the future of telecommunication and human interaction in an era where people could be locked down for unexpected reasons like a pandemic and maybe as some start saying climate-change reasons. I wrote several unpublished articles about this topic one of them being entitled “Isoarchic Control of Public Space / Reality” - The main idea being that people, not the government, not big corporations would have to take control of the digital space to create a layer 2 version of their reality, to revive the concepts of republic and democracy. Our conclusion after several months was that 1. The web 3.0 is real, 2. It will see the rise of the internet of everything; 3. All the Information Communication Technologies (Blockchain, NFT, Cryptos being part of ICT) are currently converging in this unique direction. 4. The notion of identity will be the most impacted thing by this silent revolution we will become partly digital, and this is the most reason we need to become the exclusive owner of our digital twins.

Can you list the Nanoverse 3 killer features that put it ahead of the competition? What are the competitive advantages that you feel most confident about?

The Nanoverse is opening the era of sovereign nation in the cyberspace.
The Nanoverse is a simulation environment dedicated to IoT, Smart cities and industry 4.0.
The Nanoverse is an auto-immune autonomous environment. Individuals, Public and Private entities can run Nodes (A tech-savvy government may open its embassy in the Nanoverse sooner than what you think).
‍
It is possible to mine land to extend the limit of the Nanoverse (allocating computation power to enable to generation of new blocks in the Nanoverse.

Can you explain the meaning of land mining for the Nanoverse? And how can that benefit the user?

Land Mining is inspired by bitcoin mining.
‍Miners will put their computation power in competition to run algorithms used to create deep-fake to extend the #Nanoverse environment. This will enable us to build on the most resilient and powerful distributed network of computers.

Most investors hold the token for the short-term without understanding the long-term value. So, how can you ensure us that holding this token is more beneficial for long term and what is your plan to increase the demand and scarcity of the token?

We are increasing the demand by augmenting $DC utility in community-led projects using $DC as their intrinsic token:
• Odyssea.io | Luxury Marketplace
• Legasea.one | the grand library of XXIth century,
• QCIC | Unowned DAO
• Odyssea.space | Nanoverse a simulation environment for IoT and Industry 4.0
• Ecosystemic Autonomous Maintenance for Public lights.

We will also create scarcity by powering non-digital communities and IoT use-case with $DC like
The ecosystemic autonomous maintenance use case for public light designed for Den-Haag’ Living Lab Scheveningen in partnership with ØDYSSEY Foundation (NL, Amsterdam).

The Nanoverse and the rest of DATACHAIN FOUNDATION Ecosystem are able to aggregate huge amount of data about users' behaviours, sentiments, networks, preferences, beliefs. Are you already using those data? Do you plan to use them in the future to generate profits?

As of now, Datachain Foundation prioritizes user privacy and data security above all else. While our Nanoverse and the broader ecosystem have the potential to aggregate a vast amount of data about users' behaviors, sentiments, networks, preferences, and beliefs, we do not currently utilize these data for profit generation.

Our focus is on providing decentralized data management solutions that empower individuals and organizations to securely manage and control their data.In the future, should we explore the possibility of utilizing aggregated data, our approach will be transparent and compliant with privacy regulations. Any use of data would be carried out with explicit user consent and would prioritize data anonymization and security. Our commitment to ethical data usage aligns with our mission to create a trustworthy and secure digital environment for our users.

Can you please highlight more on the decentralization aspect using your technology. Also in the future, is it possible to quantify the level of decentralization and economic incentivization?

The decentralization aspect is a cornerstone of Datachain Foundation's technology. Drawing inspiration from the pioneering work of Paul Baran, we have adopted his federative network architecture to meticulously design and construct our decentralized data management infrastructure. Our ultimate objective is to empower individuals by enabling them to operate distributed internet nodes, effectively rendering central authorities unable to censor or block information.

We are dedicated to achieving this vision and have taken significant steps in its realization. The first design of our prototype is already in place, and we are actively working on the development of a tangible prototype. Through our decentralized data management infrastructure, we aim to bring forth a new era of data ownership, security, and control for individuals and organizations.

Looking forward, we are exploring the potential to quantify the level of decentralization and economic incentivization within our ecosystem. While this is a complex endeavor, our research and development efforts are aimed at devising innovative metrics and mechanisms that can objectively measure the extent of decentralization and economic participation within our network. By doing so, we aim to provide transparency and insights into the efficacy of our technology, enabling us to continuously refine and enhance our ecosystem for the benefit of all stakeholders involved.

What kind of partnerships with different projects/platforms/protocols can we expect from $DC in the future? Could you give us some examples of how other projects can leverage $DC?

Datachain Foundation approach to partnerships involves strategic collaborations with various projects, platforms, and protocols that align with our mission of decentralized data management and adoption of emerging technologies. As part of our future strategy, we will continue to deploy $DC on third-party protocols to enhance interoperability and accessibility across blockchain ecosystems. Our partnerships and collaborations are a testament to our commitment to fostering a thriving ecosystem that leverages the capabilities of $DC to drive decentralization, data sovereignty, and innovation across industries and technologies. Through these partnerships, we aim to unlock new possibilities and create lasting value for all stakeholders involved.

For instance, we are working towards integrating $DC with the additional protocols such as ADA, Ordinal (BTC), Casper Network, allowing us to tap into their unique features and capabilities to drive innovation and adoption. Moreover, we are actively fostering partnerships with some of the most renowned Web 3.0 studios, aiming to establish substantial collaborations that will accelerate the adoption of $DC and contribute to the growth of the decentralized data management ecosystem.

In terms of industry-specific collaborations, we are reinforcing our relationships with key players in our corporate ecosystem. These partnerships encompass organizations such as HP Enterprise, SAP, ABRA, Wavestone, Startup Autobahn, Mind The Bridge. These collaborations will allow us to build large-scale use cases that demonstrate the practical value and impact of $DC in sectors spanning technology, finance, consulting, and innovation. These partnerships are aligned with our goal of expanding the reach and utility of $DC in innovative and strategic ways.