Datavault AI and Kove Unveil Secure Tokenized Data Monetization Platform

May 6th, 2025 1:10 PM
By: Newsworthy Staff

Datavault AI and Kove have developed a groundbreaking data vending platform that enables enterprises to securely monetize underutilized data through tokenized, encrypted smart contracts, targeting the massive $700 billion data monetization market.

Datavault AI and Kove Unveil Secure Tokenized Data Monetization Platform

Datavault AI Inc. and Kove IO Inc. have partnered to launch an innovative secure tokenized data vending platform designed to revolutionize how enterprises manage and monetize their data assets. The platform, set to debut at IBM Think 2025 in Boston, integrates Datavault's Data Vault® technology with Kove:SDM™ software-defined memory, creating a comprehensive solution for secure data exchange.

The collaboration addresses a critical challenge in the digital economy: transforming underutilized data into valuable, monetizable assets. By targeting industries such as finance, biotech, and defense, the platform offers a compliant and real-time mechanism for organizations to leverage their data resources strategically.

Key technological features include support for encrypted smart contracts and seamless integration with prominent data platforms Snowflake and Databricks. This integration enables enterprises to securely tokenize and sell data while maintaining robust privacy and compliance standards.

The global data monetization market represents a significant economic opportunity, estimated at $700 billion. By providing a sophisticated, secure platform, Datavault AI and Kove are positioning themselves at the forefront of this emerging digital marketplace, offering enterprises a powerful tool to unlock the latent value of their data assets.

This innovative platform represents a significant advancement in data management, reflecting the growing importance of secure, intelligent data exchange in the Web 3.0 environment. As organizations increasingly recognize data as a strategic asset, solutions like this platform will become crucial in transforming raw information into tangible economic value.

Source Statement

This news article relied primarily on a press release disributed by InvestorBrandNetwork (IBN). You can read the source press release here,

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