Abstract
The value of the data relates to the programs processing them. This intuitive consideration could be sup-ported by the formal grounds of an algorithmic approach to the definition of information. Proposed by Kolmogo-rov, this approach operates with information in terms of a program and a programming method that transform objects. This formalism suggests a natural way to increase the value of data by building a platform designed to connect datasets with the processing programs. The article describes a conceptual scheme of such a platform. Provided with software services for navigation through the datasets, pricing services and services to support price matching procedure the platform could facilitate data usage and influence their value.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.