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There is Ocean Protocol (https://oceanprotocol.com/ https://oceanprotocol.com/) that lets you sell your data. There is ChainLink (https://chain.link/ https://c
by momentmaker 8y ago
There is Ocean Protocol (https://oceanprotocol.com/ https://oceanprotocol.com/) that lets you sell your data.
There is ChainLink (https://chain.link/ https://chain.link/) that lets you sell your data via API service through decentralized oracle nodes.
https://blog.goodaudience.com/the-four-biggest-use-cases-for-chainlink-a0245bd07b66 https://blog.goodaudience.com/the-four-biggest-use-cases-for...
Monetization is coming soon... in a big way.
- hobofan 8y agoWe also pitched something in that direction with Rlay at Techcrunch Disrupt Berlin: https://techcrunch.com/2018/11/29/rlay-startup-battlefield/ https://techcrunch.com/2018/11/29/rlay-startup-battlefield/
- abakker 8y agoI'm calling it here: the most useful data is private, or, can't be sold due to confidentiality. The fact that data is confidential is great evidence that we know it is useful, but also that we hope others won't use that signal.
- momentmaker 8y agoWhat about banking initiatives in EU causing every bank to open up their data via API. That seems pretty private and confidential. https://www.evry.com/en/news/articles/psd2-the-directive-that-will-change-banking-as-we-know-it/ https://www.evry.com/en/news/articles/psd2-the-directive-tha... ChainLink has an option to use Intel SGX along with TownCrier to provide trusted execution at the processor level. That ensures confidentiality without exposing the data at all. http://www.town-crier.org/ http://www.town-crier.org/
- throwawaymath 8y agoConfidentiality is not an obstacle to using material data. As long as you can independently obtain it through unprivileged research, you're fine to use it, sell it or trade on it.
- cpb 8y agoHow do these services make it easier to evaluate data? The medium article starts with a disclaimer about DLT... Talking with investors buying data, one shouldn't be surprised to hear them request uploads to their FTP. Their data teams are overcommitted when it comes to the evaluation side of consuming data. They aren't (yet) resourced like a tech startup. How should they prioritize learning about ingesting data from a DLT? They have data brokers (like Quandl) coming to them with assurances of frictionless integration, with data they can understand and use, today!
- fancyfish 8y agoIn addition to the FTP, half the work in getting these alt data feeds in finance is getting the metadata right, such as getting each record tied to an entity or security, knowing how much of a lead/lag the data is available and how soon it's tradable. Quandl helps with the technical friction and also this metadata and security mapping aspect.
- cpb 8y agoOh sure, I'm with you there! But how about those blockchain upstarts mentioned above?
- deleted 8y ago[deleted]