Conversation Around Data as Currency

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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
  • preferences (behaviors)