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
Dot Plot
A chart released quarterly by the Federal Reserve showing anonymous projections from FOMC members for future federal funds rates.
Limit Order
An order to buy or sell an asset at a specified price or better, which may rest in the order book if not immediately filled.
Rollup Validity Proof
A security mechanism for Layer 2 solutions that verifies batched transactions off-chain using cryptographic proofs submitted to the main blockchain.
AMM (Automated Market Maker)
A protocol that uses liquidity pools and algorithms to facilitate decentralized trading of digital assets.
Gas Limit of a Block
The maximum total gas allowed for all transactions included in an Ethereum block.
Hashrate of Bitcoin
The total computational power used by the Bitcoin network to secure transactions and validate blocks, measured in hashes per second (H/s).