Data Licensing

Definition ∞ Data licensing involves granting permission to use specific datasets under defined terms and conditions, typically for a fee. In the digital asset space, this pertains to sharing access to blockchain transaction data, market analytics, or on-chain activity information. It enables third-party applications and research institutions to leverage proprietary or aggregated data.
Context ∞ The increasing demand for granular and processed blockchain data has made data licensing a growing sector, particularly for financial institutions and AI development firms. Discussions often revolve around data privacy, the equitable distribution of data access, and the standardization of licensing agreements. Future trends point towards decentralized data marketplaces and more transparent data usage protocols.