Abstract: The immutable, transparent, and decentralized nature of blockchain technology has found widespread application across various sectors including the Internet of Things, finance, energy, and healthcare. As the Big Data era unfolds, there's a growing demand for data sharing and exchange among companies and organizations to enhance services through data analysis and mining. However, traditional centralized data platforms encounter challenges such as privacy breaches, high transaction costs, and lack of interoperability. Integrating blockchain into this domain offers promising solutions by facilitating decentralized data storage and exchange, enabling access control, identity authentication, and copyright protection. Despite the emergence of numerous blockchain-based schemes for data sharing and exchange, there exists a gap in literature regarding comprehensive reviews and summaries of such endeavors. DataValue is a blockchain-based platform designed to revolutionize personal data control, providing users with enhanced benefits, privacy assurances, and a novel paradigm for data management in the digital era. With a core focus on user empowerment, DataValue introduces the concept of Tokens, allowing users to monetize their data and receive rewards in return. This innovative approach shifts the conventional data-sharing landscape, emphasizing individual ownership and control over personal information. Users on the DataValue platform enjoy robust privacy measures, gaining unprecedented control over the sharing and deletion of their data. The system introduces a digital marketplace where users can leverage their data for rewards, fostering a community-driven ecosystem. Additionally, DataValue extends beyond a transactional platform by incorporating educational resources on data privacy, providing insights into personal data usage, and facilitating connections within the community. This comprehensive suite of features represents a paradigm shift, transforming the digital economy by placing data ownership and user empowerment at the forefront of its design. DataValue stands as a beacon for a more transparent, user-centric approach to data management.
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DOI:
10.17148/IJARCCE.2024.13703
