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
Payment Rails
Infrastructure for processing and settling digital asset transactions.
Slot in Ethereum
A 12-second time interval in a proof-of-stake blockchain where a validator can propose a new block of Ethereum, which may remain empty if no block is proposed.
Flashbots
A research and development organization dedicated to mitigating the negative externalities of Maximal Extractable Value (MEV) on Ethereum through open-source infrastructure and transparent block-building markets.
Data Asset Monetization
Generating revenue from data using digital asset transactions.
APR (Lending)
The annualized percentage rate of interest earned or paid in DeFi lending, excluding compounding.
Liquidity Pool (DEX)
A liquidity pool is a smart contract on a decentralized exchange (DEX) that holds a pair of tokens, enabling automated trading and liquidity provision without traditional order books.