DAVE Alliance seeks to build new data monetization system CyberVein, the next generation big data and technology company, recently announced the Data Analytics and Valuation Engine (DAVE), aimed at connecting big data, cloud storage, blockchain and AI companies, associations, universities and outspoken data activists. CyberVein has called on the industry to join the alliance’s mission – create a new standard for data ethics and data monetization. As the next step, CyberVein will expand on what the DAVE alliance entails and how it will work in practice. DAVE adheres to the principle of co-creation, especially when it comes to cybersecurity and intercommunications. The alliance’s objective is to unlock the true value of data by creating a new standard and monetizing it, allowing both businesses and individuals to reap the benefits of big data analytics. Each member of the alliance serves as a thought-leader, a subject matter expert and a service provider for its respective area of expertise, such as onsite or cloud storage, AI/ML algorithms, (cloud) computing, distributed hardware, and big data collection and processing.