> For the complete documentation index, see [llms.txt](https://data-and-pass.gitbook.io/whitepaper/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://data-and-pass.gitbook.io/whitepaper/how-data-marketplaces-work.md).

# How Data Marketplaces Work?

<figure><img src="/files/gbgvBfEqJ8IcswWdsTPY" alt=""><figcaption></figcaption></figure>

**Data Owners Save Their Data on the Platform:** Data owners save the data they want to sell on the platform.&#x20;

**Data Buyers Search for Data:** Data buyers search for the data they need on the platform.&#x20;

**Buyers and Sellers Negotiate:** Data buyers and sellers agree on things like the price of the data and delivery terms.&#x20;

**The Transaction Takes Place on the Blockchain:** The transaction is carried out securely and transparently on the blockchain.&#x20;

**Data Buyer Accesses Data:** The data buyer accesses the data after completing the payment.