Authenticating and licensing architecture of data rights in data trade

Abstract

Data is a key factor of production in digital economy and establishing a factor market of data is inevitable.The development of data factor market includes efforts in the fields of the authentication of data rights, object of transaction, pricing mechanics, exchange platform, trade regulation and so on.The rights and authentication process necessary for a data product or data service to be traded in a data exchange were explored systematically.The form of transaction object in data trade was designed as “data product/service + a right”.A variety of licenses for different forms of data products and data services were further designed, and a licensing system supporting the exchange of data was formed.

Keywords

• data rights;object of transaction;data factor market;digital economy;big data