FileThetic

Problem Statement

🎯 The ProblemIn today's data-driven world, organizations face critical challenges:Data Scarcity: High-quality datasets are expensive, rare, and often inaccessiblePrivacy Concerns: Real data contains sensitive information that cannot be sharedRegulatory Compliance: GDPR, HIPAA, and other regulations limit data usageCentralized Control: Traditional data marketplaces are controlled by big tech companiesTrust Issues: No way to verify data quality or authenticity before purchaseHigh Costs: Enterprise datasets cost thousands of dollars with restrictive licensingThe global synthetic data market is projected to reach $2.3 billion by 2030, yet current solutions are fragmented, centralized, and lack transparency.🌟 What Makes Us Different🔐 Decentralized & TrustlessNo central authority controls your data or transactionsSmart contracts ensure transparent, automated operationsIPFS and Filecoin provide censorship-resistant storage🤖 AI-Verified QualityIntegration with verifiable Large Language Models (LLMs)Cryptographic proof of data generation processQuality metrics and authenticity verification💰 Fair MonetizationCreators set their own prices and retain majority revenueTransparent fee structure (1.5% protocol fee)Instant payments via USDFC tokens🛡️ Privacy-FirstSynthetic data eliminates privacy concernsNo real personal information exposedCompliant with global data protection regulations

Solution

We have used Solidity smart contracts for the marketplace, NFT ownership, and a cryptographic verification system for AI-generated data, secured by OpenZeppelin. It uses IPFS and Filecoin for immutable, decentralized storage, integrated via the Lighthouse Web3 SDK. It uses FilCDN for content delivery and USDFC token for seamless purchase of decentralized storage on filecoin network. The frontend is a modern Next.js app with Wagmi and RainbowKit for seamless Web3 connectivity. We have a hybrid on-chain/off-chain verification model and gas-efficient access control with automatic fee distribution, creating a secure and scalable platform for synthetic data.