Our Layer 1 solution to the problem of digital value is inspired by the underlying technology of Bitcoin, employing UTXO-based transaction structures for efficiency and proper file handling and Proof-of-Work mining (an environmentally-friendly version) for ongoing ledger security. The Zenotta data protocol converts files of any type into Smart Data, a non-fungible asset that cannot be edited, copied, or deleted without the owner’s permission. The Zenotta network protocol utilises a new, dual double entry blockchain ledger to track the concomitant exchange of the payment and the Smart Data, allowing individuals to trade peer-to-peer anywhere in the world.

This is an entirely new approach to the digital world. An approach designed from the ground-up, that natively imparts ownership on a truly digital level, within the data itself. Imagine a society where you can pay your rent with a song that you wrote, or buy groceries with a piece of digital art that you own. Imagine trillions of connected, programmable files, with rights, intelligence, and privacy assigned at the file level. A new data Universe where content creators, businesses dealing in digital products, or in fact any individual, company, institution, or government, can leverage the power of their data in a way never seen before.