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   126

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.

PascalCoin to activate V3 Hard fork

PascalCoin V3 Hard fork will be activated on block 210,000 on May 31 and feature anonymity via transaction mixing and inflation reduction
26 May 2018   39

PascalCoin is preparing for V3 Hard fork scheduled for May 31. It will introduce key improvements as such:

  • anonymity transaction mixing;
  • 50% inflation reduction;
  • Lazarus/FPC gets 10% of funding

To get more into the details:

PascalCoin transactions occur between publicly visible accounts and the crucial aspect needs to be implemented - fungibility. The improvement will allow users to perform 'client-server mixing', 'network-protocol mixing', 'chaining multi-transactions', 'decentralized exchanging' and 'monetized-API mixing'.

As for Lazarus/FPC (a base tooling from which PascalCoin is founded on), a total of 10% of the Developer Rewards is recommended to be allocated for the FOSS project funding. In a long run, a large developer mind-share is expected to reduce costs significantly.

To learn more about the details of the fork, you can visit Improvement Proposal page here. And regarding the market characteristics of PascalCoin, at the moment of publication they are as follows:

Average price 0.765895 USD
Market cap 15,978,408 USD
Volume (24H) 89,861 USD