Along with the development of blockchain, big data, artificial intelligence and other technologies, the "information Internet era" represented by Web 2.0 is evolving towards Web 3.0, the "value Internet era", and in this process, "data" is gradually becoming the core of economic development. In this process, "data" is gradually becoming the core of economic development.

In this trend, treating data as "resources" is no longer enough to meet the needs of the times; in order to promote the flow of data and the occurrence of an intelligent society, data should be treated as "assets" and its ownership, use, management and distribution rights should be clarified.

The development of society is gradually shifting from a resource-driven economy to a data-driven economy. This shift implies a shift in the trajectory of economic development, and the impact of this shift is spreading outward, especially in the data-based Internet and blockchain fields.

There is reason to believe that data assetization will be the next milestone to disrupt the world and drive the times." ADAMoracle is the first to pioneer the "DataFi" economy in the blockchain sector in line with the trend of the times.

"DataFi" is the abbreviation of Data Finance, which broadly refers to the financial or commercialization of data resources legally owned or controlled by organizations, such as text, images, databases and other structured or unstructured data, which can directly or indirectly bring economic and social benefits.

ADAMoracle proposes that "DataFi" refers to the financial or commercialization behavior that can bring economic and social benefits directly or indirectly to on-chain applications such as DeFi, NFT, and metaverse through the combination of real world and on-chain data, such as text, image, database, and other structured or unstructured data. The core is to empower the industry ecology and provide commercializable high-value data for the development of the on-chain world.

In the information age, information can be accessed at almost zero cost anywhere and at any time. The blockchain field is even more characterized by openness and transparency, and a huge amount of on-chain data can be accessed at will. But despite the ubiquity of information, it is still people who make decisions, and the data overwhelms us. The software, programs, tools, arithmetic and algorithms made by engineers become very important at this time. This was the era of application first, and data was just a by-product of digital services.

But now, the information age is moving to the age of intelligence. Because the scale of data generation is now so large and so fast, the scale and frequency of computer use of data is growing. At the same time, data is enabling machines to become more intelligent. We should note that the whole application now starts with data, making the system intelligent so that it can handle more data. So in the age of intelligence, it is data first, and data is the fundamental first starting point.

While this concept is changing, we see that the scale of data is also expanding rapidly. idc (2018) predicts that by 2025, global data will reach 175ZB, and 90ZB of that may come from the internet of things (note, not from people, but from the internet of things), and 80% of the data will be unstructured.

Let's look at the economic benefits of global data flows. McKinsey did an analysis showing that cross-border data flows generated about 3% growth in global GPD between 2005 and 2014, with an estimated $2.3 trillion in added value generated by data flows. The most recent data suggests that nearly 8% of the EU's GDP is generated from personal data. Since data flows across borders also contribute to trade flows, foreign direct investment and movement of people, etc., the direct and indirect impact of data flows actually exceeds the contribution of trade in goods to GDP when considered simultaneously.

Thus data is not only the starting point of scientific originality, but it also generates wealth.

ADAMoracle, with its worldwide nodes and resource system, has created the first encrypted data computing network and built the data link layer, network layer and transmission layer of the on-chain ecology, which can not only transmit the off-chain data information to the on-chain, but also realize the aggregation of on-chain information in the off-chain processing to reduce the use and calculation cost of data information.

ADAMoracle's global distributed data source will lay a strong foundation for DataFi to commercialize data information.

ADAMoracle has created the "DataFi" application to serve users who access data through the network. In the coming metaverse era, data is an asset and data is a value, and ADAMoracle will enable every participant in the flow of data, such as producing data, computing data, transmitting data, and keeping data, to obtain corresponding benefits. node.

The "DataFi" proposed by ADAMoracle will be extended from blockchain to the whole Web 3.0, and the world is leaving the information age and entering the intelligent age. Data, computing power and algorithms are accelerating this process, and the whole physical world and economic and social life are moving towards digitalization.