Openfabric recently partnered with the blockchain-based research data marketplace Datality. This partnership will make it easier for research data providers and consumers to easily access and use the data in their products using the Openfabric platform.
Datality is bringing trust and safety to uniting researchers with research data providers of the world. It is the first blockchain-based data marketplace that directly connects buyers and sellers of research data, providing decentralized data privacy and sovereignty. Datality resolves the problems that are present in monetizing research data while also providing a great means of connecting buyers and sellers to transact data for value in a decentralized peer-to-peer market safely. With Datality you can build your public reputation and reference others’ public reputations with ease.
The good news is that your data value can and should be determined before any buyer approaches you and thanks to Datality, you set the value of your own data while retaining complete control over the transactions you want to make with data buyers. Sellers also benefit by driving collaboration and unleashing productivity by making data easily discoverable and readily available through their very own marketplace. While many providers consider their data too sensitive to share, Datality protects the underlying dataset while allowing sellers to have the most value from the data they sell.
In a digital universe that is now constantly trying to sell some product or service to users, the ability to convert leads into customers is critically important. To do so requires businesses to understand how and why their customers behave the way they do. The data that you buy can help you make a variety of decisions based on behavioral insights, which can help you get the best traction on critical KPIs – new customers, customer satisfaction, customer retention, and profitability.
You can learn more about Datality on their official website.
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A huge role in the transition to decentralized AI is taken by Data providers. One of them is our new partner, Datality which ensures that the vast amount of data required for training and testing AI algorithms is distributed. Data is the necessary first step to achieving innovation and growth and pairing Datality with Openfabric provides customers with a powerful platform to work their magic with AI.
With the boom in artificial intelligence, smart devices, and the field of data sciences, the availability of data has increased manifold. Companies all over the world are striving to gain and store as much data as they can. If you have access to the data, the possibilities for growth are tremendous. With its power, you can help shape a better future. The Datality – Openfabric partnership helps you in this direction by fulfilling the necessary requirements for producing impactful AI products.
On this occasion, Clint Taylor, founder of Datality. expressed the following sentiments:
“The importance of maximizing the pipeline of ethically-sourced, efficient and bias-free AI has never been more important than right now. Datality is privileged to provide the hundreds of AI experts in the Openfabric community a platform to both offer responsibly-sourced AI training data to the world as well as to acquire training data from the world for their own ultra-efficient AI products.”
Here’s what the CEO of Openfabric, Andrei Tara has to say about the partnership:
“Openfabric is focused on helping people create amazing things by utilising AI technology. An open, transparent marketplace is the best way to access these tools. The trust provided by Datality will directly unite people who have research data with people who need it. We’re thrilled to partner with them to increase trust in decentralized AI platforms.”
Openfabric is revolutionary in the AI space as it leverages blockchain technologies to ensure execution scalability and eliminates vendor lockup. It is not just a platform for developers or techies but the beauty of the system is that it brings the power of AI to the hands of anyone who desires to use it. Openfabric enables you to benefit from the data economy by providing you with AI tools to understand your audience in a far better way than was possible before.
Our tools help address the pitfalls of the data economy and make sure that your product abides by all data standards and privacy laws. You do not need to be an expert data scientist to use them, they are made for everyone.
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