Frequently Asked Questions

Statistical Data and Meta Data Exchange

SDMX provides a metamodel for describing data in any statistical domain. The origins of the SDMX Information Model can be traced directly back to the model for the Generic Statistical Message (GESMES) which is a UN/EDIFACT standard, but in reality, the core of the model is an evolution over time dating back to the 1970's. Following the launch of SDMX in 2001 this model has been enhanced significantly and is implemented fully in XML (SDMX-ML) and specific parts of it in UN/EDIFACT (a subset of the GESMES message supporting time series), and JSON (to support data dissemination over the web).

For more details visit sdmx.org

The SDMX Global Registry is the central authoritative source of SDMX structural metadata.  National or international organizations that use the SDMX standard for exchanging statistical data can register their structures with the service. 

smartXdata ensures data security and privacy by only facilitating access to data assets without ever storing the actual data on our platform. When a buyer purchases data through smartXdata, they receive secure, direct access to the data from the seller. Here’s how we maintain security and privacy:

1. Direct Access: The data itself is never housed on our platform. Instead, buyers are provided with secure access to the data assets directly from the sellers. This minimizes the risk of data breaches on our platform since we do not store sensitive information.

2. Compliance with Regulations: We adhere to stringent data protection regulations, including GDPR and CCPA, ensuring that all data transactions comply with international standards for privacy and security.

3. Verification Mechanisms: Our platform includes robust Know Your Customer (KYC) and Anti-Money Laundering (AML) protocols. These mechanisms verify the identities of all participants, enhancing trust and security in every transaction.

4. Blockchain Technology: By leveraging blockchain, we provide a transparent and immutable ledger of all data transactions. This ensures that all exchanges are verifiable and tamper-proof, adding an additional layer of security.

By focusing on secure, direct access to data assets and maintaining rigorous security protocols, smartXdata effectively protects both the integrity and privacy of the data traded on our platform.

smartXdata supports a diverse range of data types for trading, including but not limited to financial data, market analytics, consumer behavior data, health and medical data, environmental data, and IoT sensor data, allowing users to efficiently trade and monetize their data assets across different industries.

Becoming a data provider on smartXdata is a straightforward process. First, you need to create an account and complete our Know Your Customer (KYC) verification to ensure compliance with anti-money laundering (AML) regulations. Once verified, you can submit your data sets for approval by our data quality team. This involves a thorough review to ensure your data meets our standards for accuracy, completeness, and relevance. Upon approval, your data will be listed on our platform.

smartXdata offers comprehensive support and resources to help new users get started. Our onboarding process includes detailed tutorials, user guides, and video walkthroughs that cover all aspects of using our platform. Additionally, our knowledge base contains a wealth of information on best practices, data management tips, and troubleshooting advice. For enterprise clients, we offer personalized training sessions and consultancy services to ensure a smooth and successful integration of our platform into their operations.