UTU and Big Data Protocol Partner to Increase Trust in the BDP Data Market

Published on: 06.08.2021

UTU Trust is excited to announce that they have partnered with Big Data Protocol. This is to deploy their trust infrastructure on their data marketplace and explore data sharing between their protocols.

How will UTU and Big Data Protocol work together?

First, they will work together to integrate the UTU Trust API on BDP Data Market to create trust signals for and personalized curation of data providers, buyers, and datasets to increase conversions.

UTU’s AI-powered trust infrastructure will ingest the platform activity of these entities and build comprehensive trust signals for each of them. BDP users will also be able to rate and review these entities, which will provide additional data to help generate more accurate trust signals.

Secondly, they will explore ways to use the Trust API for BDP’s data provider vetting.

Before allowing data providers onto the BDP Data Market, the BDP team performs a thorough assessment of each provider based on their reputations, quality of their datasets, and other factors. UTU and BDP will collaborate on ways to make this vetting process more automated and efficient.

Lastly, they will explore ways to share data between the two protocols. Data from BDP’s ecosystem of over 16,500 professional data providers can be leveraged for the UTU protocol to improve their trust models. And they will work with BDP to make it easier for you to further monetize your data by becoming a data provider on BDP Data Market in a privacy-preserving manner.

 

About Big Data Protocol

Big data is a highly valuable but illiquid asset. Big Data Protocol is a DeFi protocol powering a Web 3.0 data marketplace. The Protocol tokenizes commercially valuable data through a network of 16,500 professional data providers and makes the data token liquid on Uniswap. Users earn data by providing liquidity to data tokens. The team has built the industry’s largest alternative data marketplace, founded in 2015 (Amass Insights).

 

About UTU

UTU is building the trust infrastructure of the internet to help businesses and consumers engage and transact in an easier, safer, and more trustworthy way.

 

🔽INFO:

https://utu.io/blog/utu-and-big-data-protocol-partner-to-increase-trust-in-the-bdp-data-market/?utm_source=twitter&utm_medium=social&utm_campaign=bdp

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