The Lydion Magazine is brought to you by The Data Economics Company (DECO), developers of the Lydion® DEOS Engine middleware platform. 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).
The Lydion Magazine launched in 2021 to its audience of over 20,000 readers who are curious about how the combined power of distributed computing and digital assets are tackling the world’s “Big Problems.” With each edition of the Magazine, we seek to bring you stories from a variety of voices, technical and non-technical, with expertise in their fields and a knack for explaining complex topics to a broad audience. We want our readers to feel more informed, to have their imaginations sparked, and to renew (or rediscover) their sense of scientific curiosity.
We believe that topics at the bleeding edge of new technology—Web3, digital assets, data economics, blockchain, distributed computing, artificial intelligence—don’t need to be mysterious to be exciting. We’ll commit to being good storytellers if you’ll bring your inquisitiveness and your receptivity to new scientific possibilities.
- The Lydion Magazine’s Editors
Introduction To Data Economics - Chapter 1: On Value, Outcomes, And Data
This chapter begins the Introduction to Data Economics series and explores the roots of Data Economics: the growing need for the expansion of the language of expressing and communicating value to address the “big” challenges and opportunities we face, and by extension the need to expand the frameworks offered by the field of economics.
Data as an Agricultural Product
If you, as a consumer, have a preference for buying food with an “organic” label, you’ve already accepted that data is an agricultural product; the data on that label conveys a higher value than a “conventional” counterpart. What happens when we connect small farmers directly to such consumer transactions, allowing them to contribute the data that helps consumers make determinations regarding the quality, value, and impact of the fruits, fibers, grains, or other goods that they grow? What if a consumer could pick up an apple and know which farm it came from? This is the future of data as an agricultural product.
How Data Economics Networks (DENETs) Invert the Traditional Economic Loop
In a traditional economic system, third parties generate demand for currencies by requiring their use for various economic “loops”—such as paying taxes or receiving wages. Data economic systems invert those loops, allowing individuals or organizations that perform work and create value to also generate tokens of value useful within the system.
Global consumers increasingly ask questions about the origins of goods they purchase and how those goods are produced. Are the practices sustainable? Organic? Regenerative? What assurances exist to verify that the product in hand is what it says on the label? Are producers treating their workers fairly and equitably?
In Turning Earth Into Gold, we feature experts in the field of regenerative agriculture exploring the many ways Data Economics can enable smallholder farmers in our global quest for climate mitigation.
Cotton’s Journey: From Field, to Shoe, to Revolution(s)
Four Paradigms of Farming
Data Economics is an emerging scientific discipline that explores the creation of useful and valuable products called Data Assets using digital data. Data Economics creates frameworks to sell, license and buy the “ownership of the utility” of data without losing control or ownership of the underlying datasets.
In the Introduction to Data Economics Edition, we lay out the basics of Data Economic science and discuss the exciting applications enabled by this new field of study.
Prologue: A Primer on Data Economics
A brief introduction to the science of Data Economics, the motivations behind the discipline, and the Lydion DEOS software engine that brings Data Economies to life through Lydion DENETs (Data Economics Networks). Also serves as a prologue to the Introduction to Data Economics series of papers.
Introduction To Data Economics - Chapter 1: On Value, Outcomes, And Data
This chapter begins the Introduction to Data Economics series and explores the roots of Data Economics: the growing need for the expansion of the language of expressing and communicating value to address the “big” challenges and opportunities we face, and by extension the need to expand the frameworks offered by the field of economics.
Data Assets and Climate
Exploring the benefits of leveraging data as a company asset.
Can Data Become an Official Company Asset?
Exploring the benefits of leveraging data as a company asset.
Derivative Markets and Data Assets
How can data assets interact with derivative markets?