Exploring Web 3.0 Data Marketplaces: Strategies for Monetizing Data
Web 3.0, Data marketplaces, Monetizing data, Decentralization, Blockchain technology, Cryptocurrency, Distributed ledger technology, Personal data security, Trustless systems, Digital transactions, Data ownership, Data privacy, Smart contracts, Tokenization, Decentralized finance (DeFi), Peer-to-peer transactions, Data economy, Data monetization strategies, User-centric data control, Education and awareness
Web 3.0, portrayed by decentralized innovations, semantic web abilities, and upgraded client intelligence, is reforming data marketplaces and information adaptation procedures. This paper investigates the advancement of Web 3.0 information commercial centres, zeroing in on how blockchain, savvy contracts, and decentralized networks are reshaping the scene. It analyses the instruments through which information can be safely shared, exchanged, and adapted, underscoring client control and protection. The paper likewise digs into imaginative adaptation techniques empowered by Web 3.0, including tokenization of information resources, decentralized finance (DeFi) applications, and the formation of information driven decentralized independent associations (DAOs). By breaking down current executions and expected future turns of events, this paper gives an extensive outline of how Web 3.0 innovations are enabling people and associations to outfit the full worth of their information in a decentralized biological system. And then take a look at how much people know about existing web 3.0 marketplaces and understand what could normalize web 3.0 as web 2.0 is now.
"Exploring Web 3.0 Data Marketplaces: Strategies for Monetizing Data", IJSDR - International Journal of Scientific Development and Research (www.IJSDR.org), ISSN:2455-2631, Vol.9, Issue 6, page no.823 - 838, June-2024, Available :https://ijsdr.org/papers/IJSDR2406096.pdf
Volume 9
Issue 6,
June-2024
Pages : 823 - 838
Paper Reg. ID: IJSDR_211692
Published Paper Id: IJSDR2406096
Downloads: 000347107
Research Area: Information Technology
Country: Mumbai, Maharashtra, India
ISSN: 2455-2631 | IMPACT FACTOR: 9.15 Calculated By Google Scholar | ESTD YEAR: 2016
An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 9.15 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator
Publisher: IJSDR(IJ Publication) Janvi Wave