Data UnsplashTokenizing data: Unlocking the true potential of the data economyThe data industry has emerged as one of the most diverse and influential industries on our planet. Data basket token: Basket of various data tokens (index-like) allowing instant diversification. Decentralization: Decentralizing data (access) and the entire ecosystem comes with significant benefits such as everyone owning their data while allowing exchange in a trustless way. As mentioned in a PwC report on “Putting value on data” there are thus far no final indicators on how to value data as an asset. This would open up the Data Economy, enable data sovereignty, break down data silos, enable access to more quality data, and allow individuals to monetize their data.

Source: Forbes July 06, 2021 09:22 UTC