FQora: Towards Fair and Quality-based Online Data Marketplace

Acquiring high-quality training data is a fundamental challenge in building accurate and robust machine learning models, particularly with the rise of foundational models. Existing online data marketplaces face limitations, including a lack of quality guarantees for purchased data and an overemphasis on sellers' benefits, resulting in unfair pricing and reduced buyer activity. To address these issues, we present FQora, a demonstration system for a fair and quality-based data marketplace. FQora introduces quality-constrained queries using quality-based pricing functions and effective quality assessment mechanisms. To ensure a balanced and sustainable market, FQora implements a mean-variance constraint and a novel Balanced Pareto Optimization to maximize utilities for both buyers and sellers. This system demonstrates advantages in usability, fairness, and market stability. The code of our prototype is open-sourced and available at https://github.com/Songyue-Guo/FQora_web_demo.

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Publication Details

Published
2025-05-08
DOI
https://doi.org/10.1145/3701716.3715177
Primary Topic
Privacy-Preserving Technologies in Data
Type
article
Field-Weighted Citation Impact
0.00

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article

FQora: Towards Fair and Quality-based Online Data Marketplace

Caleb Chen Cao, Maocheng Li, Lei Chen, Zhao Chen et al.
Privacy-Preserving Technologies in Data
article

FQora: Towards Fair and Quality-based Online Data Marketplace

Caleb Chen Cao, Maocheng Li, Lei Chen, Zhao Chen, S S Guo
article en

Abstract

Acquiring high-quality training data is a fundamental challenge in building accurate and robust machine learning models, particularly with the rise of foundational models. Existing online data marketplaces face limitations, including a lack of quality guarantees for purchased data and an overemphasis on sellers' benefits, resulting in unfair pricing and reduced buyer activity. To address these issues, we present FQora, a demonstration system for a fair and quality-based data marketplace. FQora introduces quality-constrained queries using quality-based pricing functions and effective quality assessment mechanisms. To ensure a balanced and sustainable market, FQora implements a mean-variance constraint and a novel Balanced Pareto Optimization to maximize utilities for both buyers and sellers. This system demonstrates advantages in usability, fairness, and market stability. The code of our prototype is open-sourced and available at https://github.com/Songyue-Guo/FQora_web_demo.

Hong Kong University of Science and Technology (HK)
National Science Foundation, Microsoft Research, National Natural Science Foundation of China, Hong Kong University of Science and Technology, Microsoft Research Asia, National Key Research and Development Program of China
Openalex Percentile: Top 95%
Privacy-Preserving Technologies in Data
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