What is data currency (data currency skyrocketing)

What is data currency (data currency skyrocketing)

What is a data coin project? According to official sources, the value of a data coin comes from the generation of data, and DataCoin is a data token issued based on this. The ability to store and transmit data in blockchain networks will be affected, but over time, data will gradually be acquired and used in other fields, so data can be used for various purposes such as advertising, goods and service transactions. In addition, data coins also have decentralized characteristics and can be managed through contracts

Data coins have skyrocketed

According to Coindesk data, data has skyrocketed by over 20% in the past 24 hours. Data is a decentralized data exchange protocol that connects users and data assets to the blockchain for transactions. Data was originally proposed and created by Peter Van Valkenburgh, a researcher of Cryptocurrency, as a computing platform for data distribution and storage. This project, called dbs, is supported by the Ethereum Foundation. The project currently has over 10 million addresses and nearly $1 billion worth of data (including exchanges and wallets).

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