Data Assets

Data Assets are a new type of asset based on the ERC-3130 protocol, designed for managing personal data. By tokenizing personal data, it ensures data sovereignty while unlocking the true value of the data.

Features of Data Assets

  • Data Privacy: Through various privacy protection mechanisms, the security and privacy of personal data can be ensured throughout its lifecycle.

  • Integrity of Data Sovereignty: With additional proof mechanisms, the integrity of on-chain metadata and off-chain encrypted personal data can be guaranteed.

  • Full Release of Data Value: By monetizing data, users can enjoy the value of their data while ensuring ownership. Adding various data permissions after monetization amplifies the value of data assets.

Importance of Data Assets

  • Empowerment of Users: Combining decentralized technology, the sovereignty of data assets is given to users. Users have the right to update and transfer permissions for their data.

  • Solving Data Silo Issues: By leveraging decentralized technology, data can circulate, be shared, and even generate more valuable new data across multiple decentralized systems.

  • Privacy Protection: Employing various privacy protection technologies ensures that user data is only visible to the user and authorized entities throughout its lifecycle, whether during data storage, transmission, or usage.

  • Support for Decentralized Applications: Data is the foundation of various decentralized systems, and Data Assets can support any decentralized application.

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