Measurable Data
Current price
$0.006677
−7.24%24h
LiveUpdated 30s ago
TodayMeasurable Data drops 7.2%, trailing the market.
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View as table
| Time | Price |
|---|
Change by period
- 1 hour−0.04%
- 24 hours−7.24%
- 7 days−4.37%
- 30 days−16.46%
- 1 year−62.76%
Measurable Data's move in context
Lagging the market today
−7.24% today against −3.26% for the market as a whole, a gap of 4.0 points. A gap this wide suggests something specific to Measurable Data may be moving it, not just the market mood.
Part of a slide
−4.4% over 7 days and −16.5% over 30 days: the recent move continues the monthly direction.
This is analysis of past prices, not a prediction or financial advice.
About Measurable Data
Overview
Measurable Data Token (MDT) is an innovative cryptocurrency designed to enhance data management and analytics, with a primary focus on providing individuals and organizations the ability to share and monetize their data securely. The project's core mission revolves around creating a decentralized marketplace that allows users to control their data rights, ensuring privacy and transparency. One of the distinguishing features of MDT is its approach to data tokenization, enabling users to transform their personal information into assets that can be traded or sold, fostering a new economy driven by data ownership. By leveraging blockchain technology, Measurable Data implements a transparent system that empowers users while ensuring data integrity and security.
Technical Features
Measurable Data utilizes a unique consensus mechanism known as Proof of Stake (PoS), which not only enhances the security of the network but also promotes energy efficiency, making it a sustainable choice for data transactions. The security model is further reinforced by advanced cryptographic techniques that protect user data from unauthorized access and manipulation. The network architecture supports smart contracts, enabling developers to create complex data-driven applications seamlessly. MDT employs proprietary algorithms tailored for data valuation and authentication, ensuring that users can ascertain the legitimacy and worth of the data they share. This combination of features positions Measurable Data as a robust platform for data exchange, maintaining high standards of performance and reliability.
Use Cases
The primary use cases for Measurable Data Token revolve around decentralized finance (DeFi) and data monetization. Users can leverage MDT to participate in various DeFi applications that require verified data for better decision-making. Additionally, businesses can utilize the token to access aggregated data insights, facilitating improved customer targeting and personalized services. The cryptocurrency also supports governance within the ecosystem, empowering token holders to vote on critical decisions and developments. Furthermore, MDT is poised to play a significant role in the burgeoning field of non-fungible tokens (NFTs), with potential applications in tracking data ownership and provenance. Cross-border payments can be streamlined with MDT, ensuring efficient and secure transactions that bypass traditional financial systems.
Development Background
Measurable Data began its development in 2018 with a vision of establishing a decentralized data ecosystem. The initiative was spearheaded by a team of blockchain experts and data scientists who recognized the growing need for a secure and efficient platform for data sharing and ownership. Key contributors have been instrumental in shaping the project's direction, engaging with the community to gather feedback and improve the platform. Since its inception, MDT has experienced several significant milestones, including successful token sales, partnerships with data service providers, and the launch of its initial applications, which have contributed to its growing recognition within the cryptocurrency landscape.
Community and Ecosystem
The MDT ecosystem thrives due to a vibrant community of developers, data scientists, and enthusiasts committed to fostering the project's growth. The community actively participates in development discussions and contributes to the continuous improvement of the platform. Numerous partnerships with data analytics firms and tech companies have been formed to enhance MDT’s offerings further. Various applications leveraging its technology are emerging, ranging from data marketplaces to analytics tools, creating a rich ecosystem that fosters innovation and collaboration across industries.
Future Potential
The future potential of Measurable Data looks promising, driven by its innovative technology and diverse use cases. As global demand for data privacy and ownership grows, MDT is uniquely positioned to meet these needs by enabling individuals to monetize their data while maintaining control over their personal information. The project roadmap outlines several upcoming features, including enhancements to its decentralized applications, additional partnerships, and integration with mainstream financial systems. Given the increasing awareness of digital data rights, Measurable Data Token could significantly impact the way individuals and businesses manage and utilize data, solidifying its role as a trailblazer in the cryptocurrency realm.
Measurable Data market
- Position by market cap among the coins we track.
- #374
- Position by market cap among the coins we track.
- Price × coins in circulation. It measures a coin's size, not its quality.
- $6.68M
- Price × coins in circulation. It measures a coin's size, not its quality.
- The lowest and highest price in the last 24 hours. The dot marks the current price.
- Low $0.006608High $0.007198
- The lowest and highest price in the last 24 hours. The dot marks the current price.
- The highest price this coin has ever reached. The bar shows today's price as a share of it.
- $0.1681
- Now 4% of itReached 25 Dec 2021 · Needs +2,417% to get back
- The highest price this coin has ever reached. The bar shows today's price as a share of it.
- Coins that exist now and can be traded.
- 1B MDT
- Coins that exist now and can be traded.
- The most coins that can ever exist. Some coins have no limit.
- No limit listed
- The most coins that can ever exist. Some coins have no limit.
Measurable Data converter
1 Measurable Data = $0.006677