Turning Data into Economic Value
DEC is designed to support a data economy that transforms purchase data held by companies into new economic value and returns that value to data providers and business participants.
Data Economy Coin (DEC) is a crypto asset scheduled to be issued by Data Economy Coin Inc. It is designed to support a new data economy in which companies can create and share value from the data they hold.
DEC is designed to support a data economy that transforms purchase data held by companies into new economic value and returns that value to data providers and business participants.
DEC is planned to be issued on Japan Open Chain, an Ethereum-compatible public blockchain operated jointly by Japanese companies.
Within the envisioned ecosystem, DEC is positioned as a common medium for rewards for data contributions, payments for data use, membership fees, and service payments.
Data Economy Coin Inc. and Zaif Inc. have entered into a memorandum of understanding and begun preparations regarding the potential new listing and trading of DEC on Zaif. Necessary reviews, confirmations, and statutory procedures will be conducted going forward.
Read the official announcement