Decentralised Data Asset Management Architecture (DDAM) is a Scalable, Secure & Stable Decentralized Data Asset Management Architecture. Data assets are data resources that can generate value for the data owner. Through scientific and effective data asset management tools to realise the full value of their own data assets
DDAM can support decentralised storage platform and data computation as the data layer. Through smart contracts, the data asset management architecture can provide a standard data access such as data collection, processing, exchange, file operations, data query and data security. Allowing better data flow operations across processing, analysis, application, data sharing, integration and customizing new series of processes.
Establishing a credible management mechanism around the data asset itself.
Key pillar of DDAM ecosystem that will improve the value of data assets, the right to use data,and the value of data assets through application layer.
Governance control smart contract system for enterprise to determine data collection, transmission, storage, and control capabilities.
Data asset application and sharing system, to form data pools and shared models in the respective sovereign data of enterprises and users. Reducing data usage difficulty, expanding data coverage, and improving data supply.
Staking Proof of Capacity (SPoC) utilises hard drive storage space as a means of network computation. To reduce the energy consumption of memory hard function (MHF). At the same time mining without special equipment, reduce the requirement for miners' participation, ensuring the network is more decentralised and secure.
SPoC consensus mechanism allows lower mining participation requirements and higher decentralisation, will provide huge potential for the development of smart contracts, decentralised data storage and computation.
Establishes a credible management mechanism around the data asset itself. Through the data asset management tool, relationship between various data points and indicators such as validity and rationality of the data can be clearly known.
Anticipating future issues of data sovereignty, more data will be stored in a decentralized data storage platform, which can ensure data privacy. Better operations flow across processing, analysis, application and even data opening, connection, integration and customizing new series of processes.
Users benefit and own their data assets, for data economy.
Decentralised Data Asset Blockchain can extend to greater value appreciation and transformation of ordinary data resource to assets for other potential use case scenario.