DataEthics
About the Project
DataEthix is a decentralized platform that empowers data creators to securely monetize their datasets using Filecoin and Akave. AI developers can ethically purchase high-quality datasets, ensuring fair compensation and proper attribution to original creators. The platform bridges the gap between AI developers and data contributors, fostering transparency, privacy, and fairness in data sharing.
Key Purpose
- DataEthix aims to provide a decentralized marketplace where data creators can securely upload and monetize their datasets, while AI developers can ethically access high-quality data for training models. By leveraging Filecoin’s decentralized storage and Akave’s data management solutions, the platform ensures data integrity, transparency, and fair compensation. This approach promotes a more equitable and open data ecosystem, reducing reliance on centralized data providers
Key Features Developed
▫️Decentralized Data Monetization: Data creators can securely upload datasets to Filecoin via Akave, set pricing, and receive fair compensation upon purchase.
▫️Ethical Data Marketplace: AI developers can browse and purchase high-quality datasets, ensuring compliance with ethical data sourcing standards.
▫️Immutable Ownership Records: Utilizes smart contracts to maintain verifiable ownership and transaction records, ensuring transparency and trust.
▫️Secure Access Control: Smart contracts automate payments and control access, ensuring that only authorized users can download purchased datasets.
▫️Revenue Sharing Model: Data creators receive a significant portion of the revenue (e.g., 80%), with the platform retaining a small fee for maintenance.
How It Works
▫️Data Upload: Creators upload datasets to Filecoin using Akave, generating a unique dataset ID and storing associated metadata.
▫️Dataset Listing: The uploaded dataset is listed on the marketplace with details like title, description, and price, making it discoverable to potential buyers.
▫️Purchase & Payment: AI developers select desired datasets and make payments using cryptocurrency. Smart contracts handle the transaction, ensuring secure and automated processing.
▫️Data Access: Upon successful payment, buyers receive a secure download link to access the dataset, while the creator is credited and compensated accordingly.
▫️Ownership & Earnings Tracking: Smart contracts maintain immutable records of ownership and transactions, allowing creators to track sales and earnings transparently.
Conclusion
DataEthix revolutionizes data sharing by offering a decentralized, secure, and transparent platform for dataset monetization. It empowers data creators with control over their data and ensures AI developers have access to ethically sourced datasets. By utilizing Filecoin and Akave, DataEthix sets a new standard for data exchange in the AI industry.