Beijing leadership hopes data trading will propel the Fourth Industrial Revolution…Interesting article. This is a second try. The first faltered owning to the difficulty of new product recognition and organizational issues.
The Exchange was a part of China’s “fintech infrastructure” that would focus on the cultivation of a data transactions market to unleash the value of data as a factor of production, said Beijing Deputy Mayor Yin Yong.
The exchange would build an innovative transaction ecosystem by bringing together multiple parties including data source providers, algorithm participants, site participants, technical support parties and data transaction service parties to establish the Beijing International Data Transaction Alliance, Yin said....
Tuesday, November 30, 2021
China hopes to launch data as new asset class — Jeff Pao
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