FAQs

General

What is DVLT?

DATAVLT is an agile, innovative, on-demand, data analytics platform, secured by Blockchain technology, which has been designed to provide users with integrated and correlated insights.

Backed by artificial intelligence and machine learning capabilities, this platform empowers enterprises to make meaningful sense of big data and scale cost efficiently. Essentially, DATAVLT is an end-to-end data/information management platform.

Why Data Analytics on Blockchain?

Instead of using expensive, questionable data to help inform engagement campaigns, businesses using DATAVLT can pay less to get the best information directly from customers who are already engaged and willing.

Blockchain provides transparency and integrity as a decentralised ledger, ensuring data integrity while minimising the probability of data manipulation.

What is the definition of “On-demand”?

The on-demand definition, in this instance, is where an IT prime service allows users to access and run analytical reports when and where required.

How does DATAVLT intend to conduct its business?

DATAVLT will be launching utility-tokens (DVLT) that allows for both traditional currency and cryptocurrency-enabled purchasing of AI driven data analytics services. The valuation growth for DVLT is highly reliant on data transactions that will occur during analytical processes and delivery.

How will DATAVLT impact the Blockchain Community?

DATAVLT values the technology behind the Blockchain approach and intends to help grow its proliferation with real-life implementation to paid products and services that the general enterprises can leverage on, therefore driving utility and a sustainable ecosystem beyond financial related products.

What are the problems and challenges that DATAVLT addresses?

DATAVLT aims to solve the following major problems across various industries:

  • Digital rights and IP management
  • Data storage and management
  • Attestation and proof of existence
  • Corporate affairs (board and shareholder voting and registrations)
  • Reduce intermediaries and manual paper work
  • Reduce cost while improving efficiencies
  • Data fraud and unauthorised activity

For a detailed list of all problems that DATAVLT addresses please check our whitepaper.

Technical

What is the name of DATAVLT’s token?

DATAVLT tokens are known as DVLTs.
1 token = a DVLT, Multiple tokens = DVLTs

Has DATAVLT begun its developments?

Yes, DATAVLT began its initial research and developments in 2017, and has been working towards beta since. As part of the bigger ecosystem, we are progressively releasing our modules over time.

What will happen to unsold DVLTs?

DVLT is a Utility token and is utilised to facilitate the functions in the DATAVLT Ecosystem. Unallocated DVLTs prior to exchange listing will be removed from public circulation.

What blockchain technology does DATAVLT use?

DVLT is a token based on Ethereum ERC20 standard. In view of the unique technical requirements of the DATAVLT platform, we have plans in place to develop our own Blockchain framework in the near future.

Does DATAVLT have a prototype or MVP?

DATAVLT have built working analytical algorithms for our platform engine. Due to sensitivity of data protection laws, only our selected Pilot Partners will have the privilege to experience our working prototype.

Who can participate in our token sale?

Our token sale is open for global participation. We do however recommend that you review any country specific legislation to ensure you are abiding by the rules of your country.

US Residents/Citizens are not allowed to participate in this token sale. If you are a resident or citizen of the US, you will be identified through the KYC process and any participation in the token sale will be reversed.