Decentralized Data Marketplace
A platform for trading data assets without centralized control.
What is Decentralized Data Marketplace?
A decentralized data marketplace is a blockchain-based or distributed platform where data assets are traded using digital assets, such as stablecoins, without relying on a central authority. Integrated with the x402 protocol, these marketplaces allow agents to pay for data access (e.g., real-time feeds) via HTTP 402 responses, with transactions settled on-chain or through deferred schemes. This ensures transparency, security, and data sovereignty for participants.
Related Terms
Core Personal Consumption Expenditures (Core PCE)
A variant of PCE excluding volatile food and energy prices to gauge underlying inflation trends, favored by the Fed for policy decisions.
UAE Stablecoin Regulation
UAE's Central Bank regulations restricting stablecoin use to licensed AED-pegged payment tokens, effective from 2025.
Overnight Reverse Repurchase Agreement Facility (ON RRP)
A Federal Reserve tool where eligible counterparties lend cash overnight to the Fed in exchange for Treasury securities as collateral, helping to set a floor on short-term rates.
Liquidity Pool (Perp Dex)
A pool of digital assets provided by users to facilitate trading on a Perp DEX.
Oracle
A mechanism that provides real-world data to blockchains for use in smart contracts.
Public Good
Valuable information generated by prediction markets that benefits society without direct cost to non-participants.