responsible for, and interested in, using certain types of data to create new services to be offered in the market. The spectrum of such services is very broad, ranging from domain-specific use cases to cross-domain applications. The value of the data used for creation of new services depends on the data’s accuracy, availability (i.e. the number of data providers offering it), and how important it is for the processing algorithms used. It is usually estimated and agreed upon upfront, what to some extent limits the data owner’s ability to achieve maximum monetisation of their data, as they have no sound understanding of the additional value created on top of their data and/or the value the new services have for users. As data usage control is based on conventional contract documents set up by the parties involved, leading to dependency on manual/back-office operations, utilisation of data is further complicated, thus slowing down full exploitation and monetisation of data.
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difi:namespace | OPENDEI2021 |
label | ${name} [ns:${property:difi:namespace}] |