MEASURABLE DATA TOKEN (MDT)
MDT is the token of the Measurable Data Token ecosystem for the anonymous sharing and monetization of consumer data. It acts as a medium of exchange between users who share their data and businesses that access it. It aims to create a new data economy for the digital age. It is a decentralized blockchain-based platform that allows users to monetize their data and make it more valuable for companies, researchers, and other data consumers.
The MDT token serves as the currency of the platform, allowing users to buy and sell data and pay for data-related services.
The MDT mechanism automates the process of buying and selling data through smart contracts, for a faster and more secure data distribution experience.
The Measurable Data Token platform allows users to offer their data without having to reveal their identity. This, in turn, makes data monetization safer for the data provider. Rewards are issued in the form of MDT tokens.
The team behind MDT is a strong team and is Measurable AI, a data analytics and artificial intelligence company founded in 2017 by David Sun, who is also the CEO of the company. The company is based in Hong Kong and has a team of over 50 employees, including data scientists, engineers, and business professionals.
UNIQUE USE CASES OF MEASURABLE DATA TOKEN (MDT)
MeFi: MeFi is a decentralized blockchain oracle that retrieves data feeds. The solution records important financial data from reliable sources and aggregates them all on MeFi for the proper functioning of decentralized financial applications.
RewardMe: The Me ecosystem allows users to earn rewards from listed brands and merchants in exchange for the data provided.
