Tokenizing datasets on the #blockchain isn't a neat coding trick - it allows you to *own* your data and to sell it as you wish.
24 Jan 2023, 18:06
Tokenizing datasets on the #blockchain isn't a neat coding trick - it allows you to *own* your data and to sell it as you wish.
Thus, data can function as a financial instrument using #smartcontracts
Read on, anon...
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To work as a financial instrument, data needs to be handled as intellectual property - or NFT (ERC721)
When a (data) NFT is minted, its owner has full custody. They can use it as an asset to be consumed (buy/sell) or, eventually, as a collateral in DeFi.
Same news in other sources
124 Jan 2023, 18:20
Tokenizing datasets on the blockchain isn't a neat coding trick - it allows you to *own* your data and to sell it as you wish.
Thus, data can function as a financial instrument using smart contracts.
Ocean Protocol tokenizes datasets and algorithms on blockchains. These data NFTs can be bought, sold, and computed on our Ocean Market ๐
market.oceanprotocol.com
Tokenizing datasets on the blockchain isn't a neat coding trick - it allows you to *own* your data and to sell it as you wish.
Tokenizing datasets on the blockchain isn't a neat coding trick - it allows you to *own* your data and to sell it as you wish.
Thus, data can function as a financial instrument using smart contracts.
Ocean Protocol tokenizes datasets and algorithms on blockchains. These data NFTs can be bought, sold, and computed on our Ocean Market ๐
market.oceanprotocol.com