HP and Nokia to allow users to sell their data

HP and Nokia partnered with Streamr to allow users to sell their everyday data on the blockchain
18 May 2018   438

Every day people's actions produce the most valuable resource in the today's world – information. And Hewlett-Packard Enterprise Co. (HPE) and Nokia plan to give us the ability to sell this mundane information about our offline activities for the Streamr's DATAcoin (DATA).

HPE and Nokia have partnered with a Swiss blockchain startup Streamr to give users an ability to sell their day-to-day collected data, for example vehicle sensor data, to the secure “data marketplace” on blockchain.

The system works by collecting information from different sources and later selling access to it to the companies for commercial or social utilization. For example, the car with several sensors can transmit information about windshield wiper activity to issue weather warnings in the area, sensors in the suspension can be used by local government to plan road repairs without a need for expensive road survey efforts, and fuel level sensor data can be used by sellers to predict the demand in the specific area.

In this partnership Streamr provides their blockchain expertise, while HPE provides their technology knowledge to expand the possible use cases. Nokia also pitches in with its mobile base-station devices, that can collect weather data in remote low-signal-coverage areas, like farms. This weather pattern data can be beneficial in agricultural applications to control irrigation and sowing, for example.

At the time of press, DATAcoin is trading at $0,10 USD, with a market cap of $67 930 787 and 24h volume of $1 698 060.

SoftBank & Baidu to Invest in Atlas Protocol

Atlas Protocol was created by Nebulas Labs and xGoogler Blockchain Alliance
21 August 2018   130

The Atlas Protocol marketing module (ATP) has completed a round of attracting initial funding, led by SoftBank China Venture Capital (SBCVC), having collected several million dollars during it.

In a multimillion-dollar round, the exact amount of which was not disclosed, Baidu Ventures (BV), Danhua Capital and Fenbushi Digital also took part.

Atlas Protocol was created by Nebulas Labs and xGoogler Blockchain Alliance (xGBA). The "first developer" of Google Adwords, Jeremy Zhao and Columbia University Professor Ronggui Gu will serve as project advisors on technical issues.

Atlas Protocol plans to create a blockchain ecosystem and "to form a new paradigm of interactive marketing." According to the press release, ATP allows you to rank "calculated values ​​on the block and transfer value using tokens" using the ATP Smartdrop service application.

xGoogler Blockchain Alliance was formed in April this year as a community of former Google employees interested in blockchain technology. Its founders were the developers of projects Nebulas, Loopring and Gifto.