Conversation Around Data as Currency
From IIW
Session topic:Data as Currency (W5G)
Convener: Heather Vescent
Notes-taker(s): Vanessa Miemis
Tags for the session - technology discussed/ideas considered:
Discussion notes, key understandings, outstanding questions, observations, and, if appropriate to this discussion: action items, next steps:
Iwhat is data?
- information → collection
- contextual - timelines
- faded value
what is currency?
- money? fungible? non-fungible?
- exchange of value, store of value
- asset / liability
- deposit / return
currency → a creator of currents; a formal system used to shape, enable or measure currents; creation and shaping of currencies & flows; care and feeding of info (nurturing), creation of new flows & supporting of existing flows
how to value the data?
- weighed values - what is valuable to whom? (it’s contextual)
- to sell / collect / marketplace what are some concepts for transactions?
what are the raw materials that create them?
- reputation
- influence
- time/hour
- social graph → audience
- expertise
- trust
- preferences (behaviors)
