Abstract
Data is critical for improving an individual’s quality of life. Its value provides opportunities for users to profit from data sales and purchases. Data marketplace users, on the other hand, must share and trade data in a secure and trusted environment while maintaining their privacy. The paper’s first major contribution is to identify enabling technologies and challenges to the development of decentralized data marketplaces. The second major contribution is the proposal of a blockchain-based decentralized data marketplace framework. The proposed framework allows sellers and buyers to transact with greater confidence. The system employs a novel approach to enforcing honesty in data exchange among anonymous individuals by requiring a security deposit. The system has a time frame before the transaction is considered complete.
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Aljohani, M., Mukkamala, R., Olariu, S. (2023). A Framework for a Blockchain-Based Decentralized Data Marketplace. In: Haas, Z.J., Prakash, R., Ammari, H., Wu, W. (eds) Wireless Internet. WiCON 2022. Lecture Notes of the Institute for Computer Sciences, Social Informatics and Telecommunications Engineering, vol 464. Springer, Cham. https://doi.org/10.1007/978-3-031-27041-3_5
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