What is programmable data?
Structured and labeled data streams on STORE allow app developers to build using data from other apps’ data, API’s and algorithms “in real-time”. Some of this data may even be private and sensitive, this is where STORE’s fault tolerant consensus mechanism ensures the security and privacy of that data whilst still enabling it to be used by developers.
This is a paradigm shift in computing where unlike today APIs and machine learning will be open by default and enable entirely new types of apps & devices to flourish.
How is programmable data traded automatically?
- The STORE protocol facilitates the automated exchange of tokenized data between apps within data marketplaces.
- STORE miners validate this exchange by providing transaction validation services in addition to providing storage and compute resources.
- Data buyers pay miners for these resources & pay developers for clean & labeled tokenized datasets, algorithms & APIs
- Data suppliers provide tokenized data from their app or device