The problem Data/computation marketplace solves

In the digital era, data is not just an asset; it's the cornerstone of innovation, strategic decision-making, and competitive advantage. However, the increasing value of data comes with heightened risks and challenges, primarily concerning security, privacy, and the ethical use of data. Recognizing these challenges, we introduce our Data Computation Marketplace, a pioneering platform designed to revolutionize how data is exchanged, encrypted, and computed across industries.

The Problem
The current data marketplace ecosystem is fraught with challenges that hinder the optimal utilization of data. Primary concerns include:

Data Privacy and Security: Inadequate safeguards lead to data breaches, unauthorized access, and misuse of sensitive information.
Lack of Transparency: The absence of transparent mechanisms for data transactions can result in disputes over data ownership, usage rights, and compensation.
Inefficient Data Utilization: Conventional systems require data to be moved or copied for analysis, increasing the risk of exposure and limiting the real-time application of computational algorithms.
Interoperability Issues: The heterogeneity of data formats and platforms complicates the integration and analysis of data from diverse sources.
Our Data Computation Marketplace addresses these challenges head-on by providing a secure, transparent, and efficient platform for data transactions and computations. Leveraging cutting-edge technologies like TACO, IPFS, and Fhenix, our marketplace ensures that data remains encrypted from the point of sale to computation, offering unprecedented security and privacy.

Secure Data Encryption with TACO
Utilizing Threshold Cryptography for Access Control (TACO), our platform ensures that data uploaded by sellers is encrypted before being stored on the InterPlanetary File System (IPFS). This encryption guarantees that data remains secure and accessible only to authorized parties.

Challenges we ran into

The tools and organizations bounties we targeted were not properly maintained