About Datality
What is Datality and how does it work? What are the key features and benefits of Datality? How can I learn more about Datality and stay up-to-date?
Datality on the NEAR blockchain is the world’s first opportunity for the private researchers to market and monetize their data directly and safely to research data consumers. Its development will bring drastic positive change to research data markets. Since May 2020, the Datality team chose NEAR as the most performant, supported, scalable and secure blockchain to build the data markets platform of the future.
Datality is the first peer-to-peer research data marketplace directly connecting buyers and sellers to safely transact data for value in a free market. Existing one-sided marketplaces dominate supply and market share – they hold back private sellers of data, inflate the cost to data consumers, and restrict a l the economic advantages of a free market.
Datality solves the multilateral data marketplace challenges of trust, provenance, fraud risk, appropriability and market thickness by employing blockchain, escrow systems, covenants, reputation management and local network effects.
