Assetification Contracts

This diagram illustrates the process of data submission and reward distribution on the XnY platform. A contributor begins by submitting data through a data collecting interface managed by the Data Demander. The interface retrieves an encryption public key from the Data Assetification Contracts on the XnY platform. Using this public key, the submitted data is encrypted and then sent as a transaction. This transaction triggers a call to the Data Assetification Contracts, which finalizes the submission. Upon successful submission, the contributor’s wallet is activated, and a reward is sent as compensation for the data provided. This flow ensures data security through encryption and provides an incentive mechanism for contributors.

Assetification Pipeline Explained