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Da Nang Data Economy home

Official data exchange

Data auction & escrow mechanism

Transparent — secure — legally sound, with escrow wallets and DRM copyright protection.

Explore the Auction HallSee how it works
Live auction sessionLot code: #DADEP-AUC-2026-8841

Q2/2026 retail consumer & credit profile data package

500,000+ anonymized PII records · Legal basis: personal data protection decree

Starting price
50,000,000 ₫
Current highest bid
125,000,000 ₫
Number of bids
18 bids

Escrow fund (TABMIS verified) — 10% deposit reserved for eligible parties

Time remaining

02:45:15Join the session

Illustrative session figures

How auctions run on the SDLĐN system

Secure — multi-format — automatically routed to the right buyers.

  1. 01

    Step 1 · Preparation

    File preparation, appraisal & auction package setup

    3 support services

    • 1.1

      Registration & data appraisal

      Declare metadata, run the safety review and configure the data package that will enter the official auction catalogue.

      VIFC standardized

    • 1.2

      Reserve price & bid step

      Appraise the data asset with AI algorithms and set the minimum bid increment for each offer.

      AI Valuation

    • 1.3

      DRM protection & listing

      Enable anti-forgery watermarks, set an exclusive DRM license and publish the public notice opening the auction.

      DRM protectionView the rules
  2. 02

    Step 2 · Registration & deposit

    KYC identity verification & escrow deposit lock

    3 support services

    • 2.1

      KYC identity verification

      Verify digital identity via VNeID, review legal-entity status and sign the required non-disclosure agreement (NDA).

      VNeID verification

    • 2.2

      Escrow wallet deposit

      Lock a 10% deposit of the starting price into an intermediary escrow account through the state-guaranteed payment gateway.

      TABMIS wallet

    • 2.3

      Anonymous bidder ID

      The system issues an encrypted identifier to keep bidding objective, protect identities and prevent collusion.

      Anti-collusion
  3. 03

    Step 3 · Auction & handover

    Real-time bidding, e-Contract signing & disbursement

    3 support services

    • 3.1

      Real-time online auction

      Join a low-latency digital auction room with a countdown for every bid and a transparent matched order book.

      Microsecond matchingEnter the Auction Hall

    • 3.2

      e-Contract signing & handover

      Sign a legally valid electronic sales contract under Law 20/2023 and receive the decryption token for the dataset.

      Law 20/2023Handover procedure

    • 3.3

      100% deposit refund & disbursement

      Automatically refund 100% of deposits to non-winning bidders and transfer the payment to the data owner.

      100% automaticRefund policy

SDLĐN auction performance

Figures verified and transparently published by the Da Nang Data Exchange system.

  • 120+

    Successful auctions

    100% issued DRM contracts

  • 450 bn VND

    Total trade value

    +42% growth vs. 2025

  • 100.0%

    Safe deposit refund rate

    Automated through the Escrow Vault

  • 380+

    KYC-verified organizations

    Reviewed by Data Exchange officers

Assured by the Exchange regulator

Legal review — transparent escrow management — price-manipulation monitoring.

  • Legal verification

    100% legal review

    Every product and every buyer or seller capability profile is strictly reviewed by Data Exchange officers before it is listed publicly.

    Read the detailed rules →

  • Escrow fund

    Escrow cash-flow management

    Deposits are locked safely in a state-managed escrow fund. 100% is automatically refunded within 24 hours if the buyer does not win.

    Read the detailed rules →

  • Live monitoring 24/7

    Real-time monitoring 24/7

    The system records auction logs in real time, and Exchange officers watch directly to stop collusion or illegal price inflation.

    Read the detailed rules →

Explore the Data Auction Hall today

Follow live online auctions, find promising data about to open for bidding and place a safe deposit through the escrow fund.

Enter the Auction Hall