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Lit Data Market

Marketplace for data vendors and inference vendors. Run AI inference on any data vendor with your choice of open source models, without knowing the data.

Lit Data Market

Created At

ETHGlobal San Francisco

Winner of

Lit Protocol - Runners Up

Project Description

Marketplace for data vendors and inference vendors. Run AI inference on any data vendor with your choice of open source models. Data vendors don't need to give up their data, since it's passed to specific inference models and vendors through secure Lit actions.

-data vendors can better monetize their data (users don't get all the data)

-data privacy; users can run queries on data without all the data

-unlocks data from inference

Example is Linkedin. Linkedin doesn't want to give up their entire database. Users don't want to be restricted to Linkedin search. Lit Data Marketplace allows users to run Llama 3.2, etc on Linkedin data without getting Linkedin data.

How it's Made

  1. Users connect with their Eth wallet to Lit nodes
  2. Users make LLM queries
  3. LIT decrypts API keys based on user wallet API key and credit tracking for data vendor API key and credit tracking for inference vendor
  4. LIT action takes data from data vendor and uses it with inference vendor. User doesn’t see the input data
  5. LIT action returns results to user and signs that user made that request
  6. Query is tracked, but not the data or the result, maintaining privacy with accountability
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