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The No.1 Global Data Fusion Value Network
Banyan Network is a data value network based on blockchain technology. It is also the world’s first distributed ecosystem of data economies raised and built by all participants in the field of data analytics.
Banyan Network is a data value network（DVN） based on blockchain technology. It is also the world’s first distributed ecosystem of data economies raised and built by all participants in the field of data analytics.
The value of DVN is based on “symbiosis, mutual benefits, common governance, and common prosperity.” The goal is to focus on blockchain-enabled trusted data connection, third-party data integration and governance, data applications and open market development, building a positive interactive value-linked network of data benefits by establishing standards, providing channels, and issuing tokens.
The data value network is equipped with an extendable and fast growing token system with rich scenarios, capable of promoting data aggregation in the widest range, exciting data stream at higher speeds, thereby enhancing usability and integration values, providing ways for multiplying values for data providers, processors, users, and other generalized contributors to the field of data analytics, creating a future sharing space of unlimited value. The data value network adopts advanced data matching and correction algorithms to implement and contribute to reward computation mechanisms, partnering with resourceful mainstream commercial data providers, basing the initial values on resources of branding for major clients, and providing convenient channels for enterprise and individual data sources joining the “data value network ecosystem.”
Based on theories such as “three laws of data value” and mechanisms such as “tripartite model”, the data value network covers data collection, cleansing, integration, and applications of complete business chains, to aggressively adopt the latest technical solutions such as high-performance blockchain (HPB), decentralized token exchange protocol (LOOPRING), and box computing (BC), to ensure the operation and gradual expansion of the entire network.