Decentralized identity management enables the automation of licensing, royalties, and other transactions through:

1. _Self-Executing Contracts_: Smart contracts automatically execute when conditions are met.

2. _Decentralized Escrow Services_: Secure and transparent holding and release of funds.

3. _Automated Royalty Payments_: Royalties are automatically paid to content creators.

4. _Licensing and Permissions_: Smart contracts manage licensing and permissions for AI models.

5. _Decentralized Arbitration_: Dispute resolution is automated and decentralized.

6. _Transparent and Immutable Ledger_: All transactions are recorded on a transparent and immutable ledger.

7. _Automated Compliance_: Smart contracts ensure compliance with regulations and laws.

8. _Decentralized Identity Verification_: Identity verification is integrated with smart contracts.

By utilizing smart contract-based transactions, decentralized identity management streamlines and automates the process of licensing, royalties, and other transactions, ensuring efficiency, security, and transparency in the AI marketplace.