Data Asset Exchange
A platform for trading digital assets representing data.
What is Data Asset Exchange?
A data asset exchange is a marketplace where digital assets, representing datasets or data access rights, are traded between parties, often using protocols like x402. These exchanges enable monetization of data through micropayments or tokenized assets, with transactions facilitated by smart contracts or HTTP 402 responses. For example, an AI agent might pay for real-time market data on a decentralized data marketplace, ensuring secure and transparent value exchange.
Related Terms
DA (Data Availability)
DA is the mechanism ensuring rollup transaction data is accessible on Ethereum, preventing withholding attacks and enabling verification.
Capital Inefficiency
The underutilization of provided liquidity in DeFi protocols, where most capital remains idle across unused price ranges.
Automated Agent
Software that autonomously performs tasks, including digital asset transactions.
IMF Stablecoin Guidance
International Monetary Fund's recommendations on regulating stablecoins to balance innovation with risks in global finance.
Federal Open Market Committee (FOMC)
A 12-member committee within the Federal Reserve System responsible for setting U.S. monetary policy, including interest rates and open market operations.
Ethereum EOA Account
An externally owned account on Ethereum, controlled by a private key and used to initiate transactions.