/biz/ - Business & Finance

Decentr captures a user's valuable browsing data and secures it in the form of a decentralized "DecID" that only the user owns and controls.

"Personal Data Value" (PDV) is the economic expression of a user's DecID. It quantifies the value of a DecID relative to the "Aggregate Data Value" (ADV) of the entire Decentr network. The PDV metric is similiar to a currency exchange-rate.

A DecID therefore essentially transforms unique user data into a private, free-floating currency within the Decentr platform backed by the intrinsic value of a user's data.

Decentr's native token (DEC) is the mechanism by which users can extract economic value from their DecID into the external economy. By leveraging the favourable exchange-rate of a user's PDV relative to fiat or digital currencies users can transact at a discount with DEC serving as the intermediary medium-of-exchange. When using the Decentr native DeFi app this will occur automatically and behind the scenes. In this sense, you will be able to extract value from your PDV without actually having to buy and sell DEC yourself, if you use the Decentr payments app.

The real mind bender, though, is that from the perspective of the *internal* Decentr economy DEC isn't even necessary for exchanging transactional value because the data being transmitted *itself* is the medium-of-exchange...DEC basically exists simply because an economy exists that is external to the internal Decentr network, and therefore there must be an asset that bridges the two. But consider that one of the goals of the Decentr platform appears to be to on-board institutions and platforms onto the network so that they are operating at literally frictionless speeds when transacting...

>on Decentr, data *itself* is both the means and method of facilitating online economic transactions
>data that flows through the Decentr network is automatically assigned economic valuation that is neccessary to repurpose data as a legitimate currency
>Decentr thus replaces money as a medium-of-excahange with data-as-a-medium-of-exchange back by its own intrinsic value
>the more data that is refined and structured through generation, reuse and exchange, the more value that is accrued by the agent who owns, reuses, and exchanges it
>thus, Decentr creates a decentralized digital market that is accessible to everyone and does not require an external, third-party currency -- either fiat or digital

>the fundamental "data storage/sharing paradox:
>the more secure data is the harder it is to share and integrate that data with out applications
>and the more efficient data sharing is the less secure the data becomes
>this paradox results in platforms continuing to build siloed networks that only serve to accelerate the entropic degradation (and hence value) of the very data they are trying to secure or transmit
>Decentr solves this paradox by aligning the method of data storage with the method of data exchange and assigning fungible economic value to the data being exchanged
>assigning data value is intrinsic to promoting the improved security of data storage and transfer as it underwrites data integrity
>this creates economic incentive to free up vast amounts of proprietary, commercial and industrial data for reuse and exchange
>therefore increases in either data storage or data sharing axiomatically redoubles the security and veracity of the other; this creates a positive feedback loop in which the Decentr platform becomes more security *and* more efficient in an exponential curve relative to the expanding size of the network

>DecAI is Decentr's native AI service; it is a Deep Learning (DL) Artificial Neural Network (ANN) that will leverage its access to the valuable data that will be immutably captured and structured on the Decentr network
>it is assumed that data on the Decentr network will faciliate DecAI in 'understanding' human ideation because it will have the framework to interpret data that has quantifiable economic value assigned to it
>will have API compatiability with existing open data and data marketplaces
>will have a public interface which will allow users or clients to access DecAI's data sharing insights
>will enhance security on national, domestic, and personal levels and domains; this will be achieved by developing a single-system AI that is self-regulating and self-updating within the context of the evolving Decentr network
>current AI suffers from significant gaps and deficiencies; typically, these problems are addressed merely by applying a patchwork of multiple AI implementations
>DecAI, however, will be a single system AI that evolves within its own structured system (the Decentr platform) and therefore will be able to auto-regulate and self-update due to its advantageous ability to access high quality, trusted, data
>the contention is that such an AI, having been trained in a structured, ordered environment (the Decentr platform), will be able to adapt to unstructured environments (the current internet) better than alternative AI systems
>in other words, as the data accrued in a user's DecID accumulates and compounds -- and therefore accrues economic value -- DecAI's ability to accurately assess the trustworthiness of data correspondingly increases

This is similar to a couple of ideas I posted here way back.
One was that decentralized police investigation (see Netflix show DFWC) would both relieve us of ineptitude and wastage as well as benefit all indirectly and investigators directly, by means of direct currency acquisitions.
The second, which I called PORN would be a browser and or platform with the means to tag/label/id/name pornography simultaneously rewarding those who did it with a token (PORN) to be used for various aims, within and outside of the medium etc
Looks interesting.
->pic related are mother and daughter, unironically

>>29862098
>>29862185
>>29862216
>>29862233
>>29862257

>>29863154
Nope, I'm not even a shill...just like when I can talk about projects with anons on /biz/ but so far it looks like I'm the first to show up at this party.

Speaking of Brave/BAT where the fuck is the Saturday thread?

>>29863367
And that's fine, and raising early flags is appreciated and so forth, but being "early" is a relative thing. Everything they want to do is, I'm sure you'll agree, a very fucking lofty and encompassing project. Okay, good luck to them- but everyone else wants to see more of working product (like already Brave has) before we start engaging seriously. Even once their legitimacy is shown in this way everyone who is paying attention will still be light-years "early", do you get what I mean?

I mean shit we're all still early on Brave given where that's headed. So let the DEC team try to accomplish their first steps before going on like this.

>>29863367
Not a shill and yet this is your second duplicate thread.

>>29863652
He has to shill in every BAT thread because any Deshitter threads die instantly with 0 engagement