These marketplaces are made possible because of the technologies lower in stack from hardware, distribution, routing, verification, and interfacing. To learn more about the Convergence Stack, a valuable framework for understanding and building the next phase of digital infrastructure in cities, download the paper here. Decentralised Data Marketplaces Without a free flow of data, there […]
Marketplaces are critical elements of the entire Convergence ecosystem; the element that incentivises data to be collected, shared and utilised. We now have the ability to open up the machine economy and need to think of ‘trading’ beyond the scope of human interaction. The sorts of marketplaces that are being developed in the crypto community are decentralised, automated and tokenized. These marketplaces are made possible because of the distributed ledgers, consensus mechanisms and interoperability protocols at the lower levels.