Cipher Protocol’s DDXP is a decentralized data exchange and collaboration protocol. DDXP allows for the tokenization of data, data traceability, and cross-system data processing. The DDXP leverages Cipher Protocol’s layer-1 public blockchain and will be complaint with data regulations. (GDPR)
It provides a series of methods and interfaces to meet the requirements of trust and data interoperability across multiple systems, which serves multiple business requirements and scenarios, especially the data exchange scenarios.
Peer-to-Peer Data Transmission
The data exchange system uses blockchain to support accurate search and transmission of data between two parties without having a centralized database.
Data Authorization Mechanisms
Data privacy protection and leakage prevention are always assured whilst giving the user full control of their data; each data transfer must receive authorization from all parties.
Copyright Protection of Data
Cipher stores, manages, and attests data throughout its life cycle. A digital identity is created for each copy of data from registration, request, authorization, to exchange. Copyright protection is also recorded to each copy on the blockchain.
Distributed Data Storage
A distributed data storage layer supports decentralized storage for different types of data