Token advisory service provider TokenMarket announced on Tuesday that it had reached an agreement with blockchain-oriented DOVU, which focuses on… read more
What is Dovu?
Inside DOVU's system, Data owners are able to control access to the data shared and are rewarded with DOV tokens from future profits related to the use of the data. DOVU is a blockchain-based platform specialized for the mobility sector. In their turn, data providers can define Smart Contracts to set conditions of use and the level of reward they are willing to offer to the data owner. The DOV token is an Ethereum-based ERC 20 that serves as currency on DOVU's ecosystem. The DOVU Protocol details transport sector related data interchange, attributes value, facilitates and encourages the development of more mobility-related dApps. DOVU intends to create a circular economy for the transport and mobility sector by creating a value exchange between regular consumers, data providers (those that create APIs to resell data) and "data owners". The DOVU platform consists of the following components, the DOVU Protocol, the DOVU API Marketplace (dApp developed by DOVU) and the DOV token.
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