Smart City Gnosys

Smart city article details

Title Decentralized Brokered Enabled Ecosystem For Data Marketplace In Smart Cities Towards A Data Sharing Economy
ID_Doc 17634
Authors Anthony B., Jr.
Year 2023
Published Environment Systems and Decisions, 43, 3
DOI http://dx.doi.org/10.1007/s10669-023-09907-0
Abstract Presently data are indispensably important as cities consider data as a commodity which can be traded to earn revenues. In urban environment, data generated from internet of things devices, smart meters, smart sensors, etc. can provide a new source of income for citizens and enterprises who are data owners. These data can be traded as digital assets. To support such trading digital data marketplaces have emerged. Data marketplaces promote a data sharing economy which is crucial for provision of available data useful for cities which aims to develop data driven services. But currently existing data marketplaces are mostly inadequate due to several issues such as security, efficiency, and adherence to privacy regulations. Likewise, there is no consolidated understanding of how to achieve trust and fairness among data owners and data sellers when trading data. Therefore, this study presents the design of an ecosystem which comprises of a distributed ledger technology data marketplace enabled by message queueing telemetry transport (MQTT) to facilitate trust and fairness among data owners and data sellers. The designed ecosystem for data marketplaces is powered by IOTA technology and MQTT broker to support the trading of sdata sources by automating trade agreements, negotiations and payment settlement between data producers/sellers and data consumers/buyers. Overall, findings from this article discuss the issues associated in developing a decentralized data marketplace for smart cities suggesting recommendations to enhance the deployment of decentralized and distributed data marketplaces. © 2023, The Author(s).
Author Keywords Data ecosystem; Data sharing economy; Decentralized data marketplace; Emerging technologies; IOTA technology; MQTT broker; Smart cities; Sustainable society


Similar Articles


Id Similarity Authors Title Published
1282 View0.917Perboli G.; Manfredi A.; Musso S.; Rosano M.A Decentralized Marketplace For M2M Economy For Smart CitiesProceedings - 2019 IEEE 28th International Conference on Enabling Technologies: Infrastructure for Collaborative Enterprises, WETICE 2019 (2019)
4415 View0.884Figueredo K.; Seed D.; Wang C.A Scalable, Standards-Based Approach For Iot Data Sharing And Ecosystem MonetizationIEEE Internet of Things Journal, 9, 8 (2022)
44024 View0.872Hamed N.; Gaglione A.; Gluhak A.; Rana O.; Perera C.Query Interface For Smart City Internet Of Things Data Marketplaces: A Case StudyACM Transactions on Internet of Things, 4, 3 (2023)
41770 View0.86De Oliveira D.L.; Da Veloso A.F.; Sobral J.V.V.; Rabelo R.A.L.; Rodrigues J.J.P.C.; Solic P.Performance Evaluation Of Mqtt Brokers In The Internet Of Things For Smart Cities2019 4th International Conference on Smart and Sustainable Technologies, SpliTech 2019 (2019)
12706 View0.856Puri V.; Solanki V.K.; Kataria A.; Long C.K.Blockchain-Enabled Transparent And Trustworthy Regulation System For Smart CitiesProceedings of the 2023 1st International Conference on Cyber Physical Systems, Power Electronics and Electric Vehicles, ICPEEV 2023 (2023)
12593 View0.853Priyanshu; Singh S.K.; Kumar S.; Garg S.; Arora S.; Sharma S.K.; Arya V.; Chui K.T.Blockchain-Based Data Security In Smart Cities: Ensuring Data Integrity And TrustworthinessDigital Forensics and Cyber Crime Investigation: Recent Advances and Future Directions (2024)
1788 View0.851Jnr B.A.; Sylva W.; Watat J.K.; Misra S.A Framework For Standardization Of Distributed Ledger Technologies For Interoperable Data Integration And Alignment In Sustainable Smart CitiesJournal of the Knowledge Economy (2023)
40387 View0.851Fawwaz D.Z.; Chung S.-H.; Ahn C.-W.; Kim W.-S.Optimal Distributed Mqtt Broker And Services Placement For Sdn-Edge Based Smart City ArchitectureSensors, 22, 9 (2022)