Conversation Around Data as Currency

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)