About Collective Data Trust
Collective Data Trust
A trust platform for an open data marketplace.
CDT is a continuous R&D effort where a volunteer team is permanently studying and developing a way to:
1- Register data as an
specific asset class with an economic value, so it can be included in books and balances according to standard accounting rules
2- Enable a transparent trading system for data assets, where people can consent (but more importantly: control) the data that will be provided to companies, and how it will be used.
3- Explore and capture the economic value of data.
List of Services
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Data as Collectively Owned PropertyList Item 1
Short Paper that explains how individuals can join resources into a collective asset that can produce individual and collective economic benefits.
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Data as a Factor of ProductionList Item 2
On the Public Collectively Owned model ,the shareholders contribute with a common-to-all commodity in order to create “the capital”, and they receive their proportional shares of ownership. Since this commodity (data) is the common denominator of value, all the other contributions are compared to this commodity in order to establish the value of the contribution
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Declaration of TrustList Item 3
The declaration of trust, establish the legal foundations of the Community. Where it is stated that:
- beneficiaries are the registered internet users.
- the asset to be managed by the trustee is data.
- the proceedings of data monetization operations should go to the users, and the trustee is entitled to a fee.
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Personal Beneficial UnitList Item 4
Constitution of Class (I): Personal Beneficial Unit Series. Provides the creation of an asset protfolio for each beneficiary, based on data provided, and establishes how such benefoiciary should be paid every time monetization occurs.
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Soon to Come:
- Class (II) a Collective Digital Assets Trust, which shall be known as Collective Beneficial Unit Series.
- Class (III) a Convertible Assets Trust which shall be known as the Convertible Unit Series.
- Class (IV) a Venture Assets Trust, which shall be known as the Venture Unit Series.
