Lydion
YOUR DATA. YOUR ASSET.
Lydions transform your data into assets for your company.
Your data is valuable. Lydions let you extract, price, and monetize that value—without losing control of your data.
Lydions are a new digital asset format that identify and extract the latent value and utility of enterprise data.
Lydion® applications use patented Transactional Proof-of-Work to turn your data into monetizable Lydion assets—utilized and transacted by you and your customers to solve critical business problems and generate new income streams.
You retain complete control and ownership of the data used to create your Lydions, regardless of how they are used.
Lydions are powered by your data and don’t require cryptocurrencies or other underlying economic tokens to have value.
At the same time, Lydions interface seamlessly with all Web3 Layer 2 and traditional financial networks.
Our partners have generated over $1B in value stored in Lydions while solving critical business problems for Fortune 500 companies.
The Opportunity for Data Economics and Lydions
In these highlights from DECO’s 2022 Investor Presentation, founders Jennifer Hinkel and Arka Ray detail the current traction that Lydions are seeing in-market, the science and technology powering Lydions, and the Lydion-products that DECO will be revealing in 2022.
The unique features of Lydions let them solve problems that traditional, cloud-based client-server systems cannot. Lydion-based applications enable:
Vaults: Lydions are managed in private, secure Vaults controlled by data generators/owners.
Persistent Data Ownership: The data producer owns and controls the data in a Lydion, even after repeated uses.
Transaction History: Lydions store and recall every transaction in which they have been utilized.
Value Appreciation: The more a Lydion is used, the more (provably) valuable it becomes.
Decentralization: Lydions are managed by fully decentralized apps, giving every user visibility and input on every transaction.
Zero-Knowledge Proofs: Lydions can prove the value and utility of the data they contain without revealing the data itself.
The word lydion refers to vessels from the Ancient Mediterranean that were used to store and ship rare and valuable goods.
The presence of an ancient lydion vessel signified that the contents within were valuable.
Similarly, when data is packaged into a Lydion®, that means that the data is valuable.
The Lydion container itself can provide proof of this value without revealing its contents.
About The Lydion Magazine
The Lydion Magazine is a quarterly journal dedicated to the exploration of how distributed computing and digital assets are being applied to solve the world’s “Big Problems”.
Each Edition focuses on a single vertical, featuring stories by industry veterans at the front lines of the Data Economics revolution.
About The Data Economics Company
Lydions were invented by DECO (The Data Economics Company). DECO enables companies and people to convert their data into valuable digital assets that can be utilized, shared, and transacted using secure, private Lydion Data Vaults and Data Economics Networks (DENETs).
Learn more about DECO and our work at the DECO Portal and meet the team behind Lydion.
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