The Data Economics Festival 2021 convened thought leaders, executives, scientists, investors, and media across five days of conversation on how the intersection of digital data and value, brought together in the science of Data Economics, creates new possibilities for solving society’s most vexing problems through fewer information asymmetries and better alignment of incentives. Featuring science, policy, intellectual exchange, and special music, art, and entertainment events, The Data Economics Company and its partners were excited to bring this conversation to the forefront, celebrating the curiosity we all have around making the world a better place through innovation and technology.



These Festival highlights show the breadth and potential of Data Economics to change the way we interact with our personal and financial data, and how markets are evolving to allow us to transact with data in ways that were never before possible.

How Data Economics Empowers People & Business

We know that digital data-backed assets are becoming increasingly important as economic tools and instruments. How can digital data-backed assets—and the economic ecosystems designed around them—empower people and businesses in various sectors? What’s different between sectors that have traditionally had access to cutting-edge financial and technological tools (such as banking and finance) compared to those sectors and geographies that have not been served well (or at least to their full potential) by modern financial and technological innovations? Where can Data Economics help us uncover value that has been left on the table, and who can capture that value?

Digital Data and Data-Backed Assets: Ownership & Value

Digital data is increasingly used as a means to express, store, transfer and transact value, whether in the purely digitized sphere from Bitcoin and Ethereum Tokens or NFTs, to the representative sphere in our digital bank account and credit card account transactions. How do we value these digital data-backed assets? Where can current asset valuation methods be adapted, and where do they fall short? What are the potential uses of digital assets that contribute to the value of data?

Challenges and Opportunities in Applying Distributed Data Systems

To fully capture the value of digital data-backed assets and exchange this value across people and enterprises, we need distributed or decentralized digital data systems, software, and networks. These networks should maintain participants’ trust by ensuring that digital assets are used according to agreed-upon rules set by the transacting parties. What opportunities and challenges lie in creating and scaling such distributed data systems?