Research on Data Transaction Mechanism Based on NFT-AMM
The latent and enormous value of data has been continuously mined and used,and the circulation of data is an important way to embody the data value.However,the data trading market has the problem of insufficient liquidity,which hinders the circulation of data and the further development of the value.Through the analysis of the traditional data transaction mechanism,the fundamental problem of poor liquidity in the trading market is clarified.By studying AMM(Automated Market Maker)algorithm,data is transformed into the NFT format based on its specific characteristics,and a data transaction mechanism based on NFT-AMM is proposed to promote the circulation of data transaction.Finally,on the Ethereum smart contract platform,this paper tests the system functions,analyzes and verifies the data transaction circulation to implement the data transaction system based on NFT-AMM.
data transactionblockchainAutomated Market Makersmart contract
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