🌟 Reflecting on ETHCC 2024: Bridging Data Spaces and Web3 Economies
We're excited to share insights from our participation at the Oasis Rendez-Vous during #ETHCC2024 in Brussels. Our Co-Founder, Albert Peci, contributed to a thought-provoking panel on "Unlocking Value: Real World Asset Tokenization", alongside Jeff K from Axelar Network, Dennis D. from Midas, and Antoine Loth from Euler Labs. The panel was moderated by Matej Janež from Oasis.
Key Takeaways:
1. Open Data Economy: We introduced the concept of "data spaces" as a new primitive in the Web3 ecosystem, alongside DeFi, NFTs, DAOs, Metaverse, and SSI.
2. Tokenization of Data Assets: We discussed how tokenizing datasets, algorithms, compute, and storage enables an open data economy.
3. Regulatory Compliance: deltaDAO's approach of "voucherizing" data sets and algorithms aligns with European regulations while offering data as a product.
4. Real-World Impact: Like stablecoins in DeFi, tokenized real-world assets bring tangible use cases to distributed ledger technology.
5. Democratization: Tokenization of real-world assets could improve trustlessness and democratization at large.
Albert Peci summed it up: “To truly harness the power of an open data economy, it is essential to first secure full ownership and control over the fundamental asset: the data itself”
We're thrilled to be at the forefront of this innovative space, merging data sovereignty with distributed ledger technology. Stay tuned for more developments in the open data economy!
