An Auction-based Marketplace for Model Trading in Federated Learning

Federated learning (FL) is increasingly recognized for its efficacy in training models using locally distributed data. However, the proper valuation of shared data in this collaborative process remains insufficiently addressed. In this work, we frame FL as a marketplace of models, where clients act as both buyers and sellers, engaging in model trading. This FL market allows clients to gain monetary reward by selling their own models and improve local model performance through the purchase of others' models. We propose …

act collaborative cs.ai cs.gt cs.lg data distributed distributed data federated learning marketplace process trading training training models valuation work