Cipher Open Data Marketplace
The Future of Data Is Decentralized. A decentralized open data marketplace empowers users to collect and trade data in a fair way as their data will be their property. Data buyers will be able to confidently buy data knowing the data comes from vetted sources, while data sellers will be fairly compensated for the data they contribute. This is a foundational piece to achieving our overall vision of bringing ML/AI to blockchain. CipherProxy will build this using the innovative tech of Dfinity Internet Computer.
The Building Blocks
The building blocks that go into building the CipherODM on a high-level.
A one-stop mobile application for the management of your digital identity, data, and assets, giving users the power to control the value of their data from their device.
An Open Data Marketplace designed to allow individuals and organizations to monetize and acquire data in a trusted, standardized, user-friendly and cost-effective way.
A decentralized identity protocol that helps users manage their own data and enables blockchain-based authentication. Other identity’s will also be available.
There are many reasons why a rust oracle framework would be necessary for this project. One of them is because Dfinity, the network which is integral to the project, is written in rust. Rust is also incredibly secure, which is also important because oracles store sensitive information.
A credit system based on reputation. Reputation will be built over time, and will be a combination of various metrics. If you are a new data producer, you will have a low rating. But if you provide quality data over time your rating will increase.