Data Economy
Revision as of 12:20, 12 April 2022 by Ivanderwilliam (talk | contribs) (Created page with "A [[{{PAGENAME}}]] is a worldwide digital ecosystem in which data is collected, structured, and distributed by a network of vendors with the goal of extracting value from the...")
A Data Economy is a worldwide digital ecosystem in which data is collected, structured, and distributed by a network of vendors with the goal of extracting value from the information that is gathered. The data inputs are gathered from search engines, social networking websites, online sellers, brick and mortar vendors, payment gateways, software as a service (SaaS) providers, and companies that are deploying connected devices on the Internet of Things (IoT). The information acquired is passed to business for a fee. The Consumer Financial Protection Bureau in the United States have created early models to control the Data Economy.