Draft:Itheum Protocol

From Wikipedia, the free encyclopedia

Itheum Protocol is an open-source, blockchain-powered data brokerage infrastructure protocol [1]. Developed and maintained by community contributors, it leverages blockchain technology to enable a transparency layer to the existing data brokerage industry. At its core, Itheum enables individuals and organizations to tokenize their personal and proprietary data, fostering an open, fair, and decentralized data marketplace.

By tokenizing data, Itheum Protocol establishes a robust framework for provenance, lineage, consent, and licensing, all without dependency on centralized data broker intermediaries. This approach ensures transparency and fairness in data transactions, catering to the demands of an AI-centric world.

Central to the protocol is its native cryptocurrency utility token, ITHEUM. ITHEUM serves as the backbone for reputation, liveliness, and governance within the ecosystem [2], empowering users to participate in the protocol's core activity and ensuring its smooth operation.

History[edit]

The project was launched in March 2022[3]

References[edit]

  1. ^ [https://cointelegraph.com/sponsored/itheum-data-ownership-redefined "Data Ownership Redefined: An Introduction to Itheum"], Cointelegraph, Retrieved on 17 April 2024.
  2. ^ "Itheum Life: Liveliness & Reputation Signalling", Itheum Docs, Retrieved on 17 April 2024.
  3. ^ "Itheum launch summary", bitget, Retrieved on 17 April 2024.

External Links[edit]