Data Sovereignty
Control over data ownership and usage by its creator or owner.
What is Data Sovereignty?
Data sovereignty refers to the principle that data creators or owners retain control over how their data is accessed, used, and monetized. In the x402 ecosystem, data sovereignty is supported by enabling servers to gate data with HTTP 402 responses, ensuring only authorized agents paying via digital assets gain access. Decentralized data marketplaces further enhance sovereignty by allowing creators to set terms via smart contracts, preserving control over data distribution.
Related Terms
Funding Rate
A periodic fee exchanged between long and short traders to balance market positions.
Node and Client
Client are a software that enable participation in the Bitcoin network, where a node validates and relays blockchain data.
US GAAP Stablecoin Classification
Accounting standards under U.S. Generally Accepted Accounting Principles treating certain USD-pegged stablecoins as cash equivalents.
Solana Rent
A fee mechanism on the Solana blockchain where accounts and programs pay to store data on-chain, with insufficient balances risking garbage collection.
Swap (DEX)
A swap on a decentralized exchange (DEX) is the direct exchange of one digital asset for another within a liquidity pool, facilitated by automated market maker (AMM) smart contracts without intermediaries.
Convertible Preferred Stock
Preferred stock convertible into common shares, blending dividend income with equity conversion potential.