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Measurable Data Token

MDT

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About Measurable Data Token

MDT is an Ethereum token that powers the Measurable Data Token ecosystem for anonymously sharing and monetizing consumer data. MDT is used as a medium of exchange between users sharing their data and businesses accessing it.

Measurable Data Token (MDT) is a decentralized data exchange ecosystem that aims to connect users, data providers, and data buyers. It seeks to denominate the value of data, providing a platform where data can be exchanged securely and anonymously. MDT is built on the Ethereum Blockchain and is a standard ERC 20 token, facilitating the economy of the MDT ecosystem. It is issued by Measurable Foundation Ltd, a public company registered in Singapore. MDT is a utility token and is not intended to have any particular value outside the MDT ecosystem. It is designed to reward users for sharing anonymous data points while providing data buyers and providers with a more efficient trading model.

MDT operates by connecting data providers, users, and data buyers, and denominates the value of data when exchanged. It uses smart contracts, which are applications stored in the Ethereum blockchain, constructed by data providers, data buyers, and the MDT platform. These smart contracts help enforce the performance of the contracts. The MDT ecosystem includes a Measurable Data SDK, an open-source and free Software Development Kit offered for any data providers or developers to use. The SDK includes a wallet address which users can use to manage the compensation they receive from the MDT ecosystem.

MDT has several potential use cases. One of the primary uses is in the data exchange economy. Users who share their anonymous unidentifiable data receive compensation from the MDT ecosystem. Data buyers, such as merchants, advertisers, investors, big data institutes, or other companies that require the data to predict trends or make decisions, can purchase the right of use of the data points during the exchange. Another use case is in advertising, where users can utilize their email signature as an advertising placement. Users can also send "VIP Mail" to utilize their accumulated MDT.

MDT was issued by Measurable Foundation Ltd, a public company limited by guarantee registered in Singapore, and approved and registered by Singapore Accounting and Corporate Regulatory Authority (ACRA). The Measurable foundation is dedicated to developing and promoting the MDT ecosystem and dedicates its resources in Research, Development, and Governance. The first component of the MDT ecosystem is MailTime Email Messenger, a messenger solution based on the email protocol. MailTime Email Messenger was the first service to adopt the MDT ecosystem and utilize it as a system to compensate all parties involved.

Measurable Data Token (MDT) is a decentralized data exchange protocol that leverages blockchain technology with the aim of enhancing the privacy and security of user data. It operates on a peer-to-peer network without any central authority, which is intended to enhance privacy and control for data providers and consumers. All data transactions are recorded on the Ethereum blockchain, which is a feature intended to support transparency and traceability. This means that data providers and consumers can aim to track and verify the exchange of data, acknowledging their contributions. MDT acknowledges data providers' contributions with non-monetary MDT tokens. Importantly, MDT only deals with aggregated anonymous data, meaning no personal, identifiable data is shared. This approach strives to foster a decentralized and transparent marketplace for data exchange, with machine learning analysis capabilities available for data consumers.

The Measurable Data Token (MDT) platform is designed to alter the way individuals interact with and utilize their own data. It provides an environment with transparency features where data providers can directly connect with data consumers. The types of data that can be traded or utilized on the MDT platform include consumer insights, online shopping behavior, and other anonymous data points. The platform ensures that all data transactions are traceable and anonymously stored on the blockchain. MDT only deals with aggregated anonymous data, which means no personal, identifiable data will be shared. This is intended to protect users' privacy while they utilize their data.

The Measurable Data Token (MDT) is a decentralized data exchange protocol that encourages users to share their data by providing them with MDT tokens as a form of non-monetary recognition. This system is built on the Ethereum blockchain, with the intention of maintaining transparency and security. Users who choose to share their data receive MDT tokens as a form of non-monetary recognition within the MDT ecosystem. The data shared by users is cleaned, aggregated, and then made available in the MDT marketplace. Businesses and entities interested in accessing this data use MDT tokens. The users, data providers, and data brokers receive a certain percentage of the MDT tokens used by data buyers as a form of non-monetary recognition. This system seeks to give control back to the original owners of the data, allowing them to decide how their data is used.

The Measurable Data Token (MDT) platform employs a variety of measures to ensure the accuracy and quality of the data shared. These measures include the use of quality assessment tools and discussion checklists, which are designed to monitor and improve the practice of data sharing. These tools have been developed with methodological quality in mind, ensuring their validity and reliability. They are used to assess various aspects of the data sharing process, including the availability and distribution of accurate information, effective teamwork, and strong leadership. In addition, the MDT platform uses these tools as a means of quality improvement, aiming to improve the efficiency and standard of data sharing. The platform maintains standards by following the guidelines of relevant regulatory bodies, which outline the desirable attributes of an effective data sharing process.

Measurable Data Token (MDT) is a decentralized data exchange platform built on the Ethereum blockchain. It aims to create a more efficient, transparent, and fair market for data trading. MDT connects data providers, users, and data buyers, and denominates the value of data when exchanged. Users who opt into the MDT ecosystem and share their anonymous unidentifiable data may receive non-monetary benefits from the MDT ecosystem. On the other hand, data buyers participate in the validation process of each transaction, which is intended to enhance the reliability of the deal. This system strives to give users control over their data and be rewarded accurately for the value it creates. The use of blockchain technology and smart contracts in the MDT ecosystem aims to enhance transparency and reliability in all transactions.

Market

Market stats

Market cap

$50.2M

Volume (24h)

$4.3M

Circulating supply

676.2M MDT

Typical hold time

16 days

Popularity

#602

All time high

$0.86

Price change (1h)

+0.88%

Price change (24h)

-2.61%

Price change (7d)

-4.13%

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Social

Some highlights about Measurable Data Token on social media

35 unique individuals are talking about Measurable Data Token and it is ranked #1,061 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Measurable Data Token has an average sentiment score of 3 out of 5. Finally, Measurable Data Token is becoming more newsworthy, with 0 news articles published about Measurable Data Token. This is a 0% increase in news volume compared to yesterday.

On Reddit, Measurable Data Token was mentioned in 2 Reddit posts and there were 6 comments about Measurable Data Token. On average, there were more upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.

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Overview

Contributors

35 people

Volume rank

#1,061

Average Sentiment

3 out of 5

Reddit

Post Score

57

Comment Score

44

Coinbase Bytes

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Measurable Data Token is on the decline this week.

The price of Measurable Data Token has increased by 0.88% in the last hour and decreased by 2.61% in the past 24 hours. Measurable Data Token’s price has also fallen by 4.13% in the past week. The current price is $0.0742 per MDT with a 24-hour trading volume of $4.25M. Currently, Measurable Data Token is valued at 91.36% below its all time high of $0.86. This all-time high was the highest price paid for Measurable Data Token since its launch.

The current circulating supply of Measurable Data Token is 676,157,012.5 MDT which means that Measurable Data Token has as total market cap of 676,157,012.5.

FAQ

What is the current price of Measurable Data Token?

We update our Measurable Data Token to USD currency in real-time. Get the live price of Measurable Data Token on Coinbase.

What is the market cap of Measurable Data Token?

The current market cap of Measurable Data Token is $50.20M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Measurable Data Token?

The all-time high of Measurable Data Token is $0.86. This all-time high is highest price paid for Measurable Data Token since it was launched.

What is the 24 hour trading volume of Measurable Data Token?

Over the last 24 hours, the trading volume of Measurable Data Token is $4.25M.

What other assets are similar to Measurable Data Token?

Assets that have a similar market cap to Measurable Data Token include Taraxa, Milady Meme Coin, Euro Coin, and many others. To see a full list, see our comparable market cap assets.

How many Measurable Data Token are there?

The current circulating supply of Measurable Data Token is 676 million.

What is the typical holding time of Measurable Data Token?

The median time that Coinbase customers hold Measurable Data Token before selling it or sending it to another account or address is 16 days.

What is the relative popularity of Measurable Data Token?

Measurable Data Token ranks 141 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

What is the current trading activity of Measurable Data Token?

Currently, 31% of Coinbase users are buying Measurable Data Token. In other words, 31% of Coinbase customers have increased their net position in Measurable Data Token over the past 24 hours through trading.

Can I buy Measurable Data Token on Coinbase?

Yes, Measurable Data Token is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy Measurable Data Token guide.

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