Validation and Verification of Data Marketplaces

Abstract : This paper presents a Validation and Verification (V&V) model of Data Marketplaces. Data is extracted from the sensors embedded within the Smart city, infrastructure, or building via Application Programming Interfaces (APIs) and inserted into a Data Marketplace. The technology is based on smart contracts deployed on a private ethereum blockchain. Current issues with data in Smart cities, infrastructure, buildings, or any real estate, are the difficulty of its access and retrieval, therefore integration; its quality in terms of meaningful information; its large quantity with a reduced coverage in terms of systems and finally its authenticity, as data can be manipulated for economic advantage. In order to address these issues, this paper proposes a Data Marketplace model with a hierarchical process for data validation and verification where each stage adds a layer of data abstraction, value-added services and authenticity based on Artificial Intelligence. By using a blockchain, this presented approach is based on a decentralised method where each stakeholder stores the data. The proposed model is validated in a real application with live data: Newcastle urban observatory smart city project.