Buy Measurable Data (MDT)
What is Measurable Data?
Measurable Data Token (MDT) is a decentralised data exchange economy built on the Ethereum Blockchain. It facilitates transparent and honest data trading between data providers and buyers. The platform aims to empower users by giving them control over their data and enabling them to monetise it in a secure environment.
How does Measurable Data work?
Measurable Data utilises the Ethereum blockchain to create a decentralised data marketplace. It operates via smart contracts, which are applications stored in the blockchain, ensuring secure and transparent data transactions. Users can sell their data by connecting with data buyers through the platform. These transactions are validated and executed using Ethereum's Proof of Work consensus mechanism, rewarding users, data providers, and the platform with MDT tokens upon successful data exchanges.
What are the potential use cases for Measurable Data?
Measurable Data has several real-world applications across various industries:
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Advertising: Individuals can monetise their data by sharing it with advertisers, receiving MDT tokens in return.
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Market Research: Researchers and companies can acquire data to understand consumer behaviour better, enabling informed business decisions.
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Healthcare: The platform can incentivise individuals to share health-related data to improve healthcare outcomes.
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Data Analysis: MDT tokens can be used to access premium data services or for purchasing data analysis tools.
What is the history of Measurable Data?
The Measurable Data project originated in 2014, with its core team developing the idea of data empowerment. It officially launched in 2017 with a token sale and gained recognition by winning the MWC Shanghai 4YFN startup competition. In 2022, MDT was acquired by Chain, a blockchain infrastructure provider. This acquisition marked a significant shift, integrating MDT into Chain's ecosystem and converting MDT tokens into Chain's XCN tokens to expand its utility. Over time, MDT has established partnerships across various industries, continuously evolving in technology and market presence.
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Frequently Asked Questions (FAQs)
What is the current price of Measurable Data (MDT)?
The Measurable Data price is $0.09531318 AUD, representing a +7.27% from the day prior.
Where is the best place to buy Measurable Data (MDT) in Australia?
The best place to buy Measurable Data (MDT) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell Measurable Data (MDT) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.
What is the daily trading volume of Measurable Data (MDT)?
The trading volume of Measurable Data (MDT) is $24.6M AUD in the last 24hrs, representing a +7.27% from the day prior.
How can I buy Measurable Data (MDT)?
Measurable Data (MDT) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
What is the market cap of Measurable Data (MDT)?
The current market cap of Measurable Data (MDT) is $58.4M AUD.
Can I convert Measurable Data (MDT) to cash?
Yes - With Coinstash you can convert your Measurable Data (MDT) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
How many Measurable Data (MDT) are there?
The current circulating supply of Measurable Data (MDT) is 606.3M.
Is Coinstash a safe place to buy Measurable Data (MDT) in Australia?
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling Measurable Data (MDT) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices.