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Decibel.LIVE will provide a mechanism where businesses can interact directly with impacted parties (i.e. nearby residents or other businesses) thus creating a 'social contract’ providing financial compensation should pre-set conditions not be met. This will enhance the reputation of the business and decrease the need for monitoring by local authorities, enforcement agencies and/or noise consultants. LOW COST Decibel.LIVE will be the most affordable noise monitoring solution in the market. Decibel.LIVE contracts will be able to be initiated for a small monthly fee in contrast to current noise monitoring which requires specialist equipment and acoustic consultants/engineers costing thousands (and in some cases hundreds of thousands) of dollars. Often each party engage their own noise consultant, whereas the Decibel.LIVE platform will enable parties to mutually agree on a noise consultant or even completely avoid the need for a consultant by agreeing to use smartphone monitoring. TRUSTED RESULTS VIA BLOCKCHAIN Acoustic results are analysed and immutably stored using blockchain technology. These results are cryptographically hashed then submitted hourly to the Ethereum blockchain and therefore able to be verified by all interested parties. INSTANT COMPENSATION Impacted parties will receive instant financial compensation based on noise contract parameters. Payments will be made in Decibel tokens (dBt) which will be able to be easily converted into a range of different digital and traditional currency options. LIVE MONITORING The Decibel.LIVE smartphone app will be free to download, easy to use and accurate to within 1.5 decibels (dB). Users will be able to see results in real time and given their involvement in the monitoring process will have enhanced satisfaction with the outcome. EMPOWERING Decibel.LIVE will provide a mechanism where businesses can interact directly with impacted parties (i.e. nearby residents or other businesses) thus creating a 'social contract with financial compensation should conditions not be met. This will enhance the reputation of the business and decrease the need for monitoring by local authorities, enforcement agencies and/or noise consultants.

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