The Data Economics Company’s (DECO) mission is to pioneer and propagate the field of Data Economics to build products enabling people and companies to generate new value from their digital data and address the “big problems” facing our communities, societies, and industries. This objective is multi-fold: leading theoretical science and research; developing the mathematical and economic; and building software frameworks and toolsets to power implementation. We have brought together economists, mathematicians, computer scientists, philosophers, and artists to explore how digital data could be used as building blocks for new types of economic interactions.
In these efforts, DECO has developed the Lydion® Engine, a middleware that powers applications to solve complex, large-scale problems and generate new revenue streams for people and companies—by converting their data into valuable digital assets that can be utilized, shared, and transacted using secure, private Lydion Data Vaults and Networks (DENETs). Current Lydion Engine-based applications target a combined $350B addressable market across the Health Sciences, Agriculture, Climate, Industrials, Fintech, Personal Data, Gaming, and Education sectors.