Definition ∞ Data monetization refers to the process of generating revenue from the collection, analysis, and sale of data. This involves transforming raw information into valuable insights or products that can be exchanged for economic benefit. It is a critical aspect of many digital economies, including those emerging in the decentralized space.
Context ∞ The ongoing discourse concerning data monetization within the blockchain sector often revolves around privacy-preserving techniques and decentralized data marketplaces. A central debate concerns the ethical implications of data ownership and control. Future developments to watch include the maturation of decentralized identity solutions and their impact on user-controlled data economies.
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