Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Decentralized Exchanges (DEX) => Topic started by: Musa on June 08, 2024, 11:10:40 PM
-
I've been reading about these decentralized data marketplaces and I noticed more are popping up. They seem like a great way to take control of your own data and maybe even make some money off it.
I was wondering if any of you have had any experience using these platforms. Which ones have you found user-friendly and secure? More importantly, have you actually been able to successfully sell your data or use the marketplace to find the data you need
-
They seem like a great way to take control of your own data and maybe even make some money off it.
I don't understand how such platform let us achieve that. Once buyer receive the data, what stop them from resell or share our data? Lawsuit might stop them, but it's costly.
-
I have some experience with them, although "user data" is too broad when the only thing you can sell or trade is limited to your wallet address, transaction history, etc. I remember selling my uploaded fanfiction on one of these websites, but it's a long time ago and I'm not sure that's still relevant today. It's pretty similar to how you upload and monetize files on a download website as far as my experience goes. Other than the usual "blockchain to increase data security and prevent ownership from being stolen" there's nothing new. The fingerprint of each traded data is probably not enough to deter scammers from making a fake copy. CMIIW.
-
I do not know why they want to buy user data in a way that can get it for free. Create a fake page to win 10,000 dollars and you will find some ready to send their passport.
Those who realize the value of their data do not sell it.
about your topic Enigma Data Marketplace and Ocean Protocol
-
--snip--
Other than the usual "blockchain to increase data security and prevent ownership from being stolen" there's nothing new. The fingerprint of each traded data is probably not enough to deter scammers from making a fake copy. CMIIW.
In addition, what stop someone from trying removing or modifying the fingerprint.
I do not know why they want to buy user data in a way that can get it for free. Create a fake page to win 10,000 dollars and you will find some ready to send their passport.
Data broker also exist.