Definition ∞ Data Markets are platforms where information is bought, sold, or exchanged, often leveraging blockchain technology to ensure data provenance, security, and fair compensation. These marketplaces enable individuals and entities to monetize their data while maintaining control over its usage. In the digital asset space, data markets can facilitate the exchange of valuable datasets for artificial intelligence training, research, or decentralized application development. They aim to create transparent and efficient ecosystems for data commercialization.
Context ∞ The development of decentralized data markets is a significant area of innovation, seeking to address concerns about data ownership and privacy. News often reports on new protocols designed to securely trade aggregated or anonymized data using cryptographic methods. Regulatory bodies are examining how existing data protection laws apply to these emerging data markets and the implications for user rights.
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