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   816

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.

EOS to Buy $30M Worth Domain For Its Social Network

Earlier, CEO reported that his company will spent about $150M to develop Voice, and looks like "voice.com" purchase for $30M is one of the first steps
19 June 2019   71

The Block.One company, known for developing the EOS blockchain protocol, acquired a domain for its new social network Voice for $ 30 million. This is evidenced by documents published on the website of the US Securities and Exchange Commission (SEC).

Documents were provided by MicroStrategy, an analytical and mobile software provider. It follows the “voice.com” domain, registered in the GoDaddy domain name registry, was transferred to the EOS developer on May 30, 2019. After 2 days, Block.One officially announced preparations for the launch of a social network.

Block.one has made a smart strategic decision in choosing Voice.com to be the internet domain name for its new social media platform. The word ‘voice’ is simple and universally understood. It’s also ubiquitous — as a search term, it returns billions of results on the internet. An ultra-premium domain name like Voice.com can help a company achieve instant brand recognition, ignite a business, and massively accelerate value creation.
 

Marge Breya 

Senior Executive Vice President and Chief Marketing Officer, MicroStrategy Incorporated. 

The commercial model of MicroStrategy is based, among other things, on the accumulation and sale of such expensive domain names.

According to Block.One, the identification of users and the use of the EOS blockchain in the social network will help to avoid the massive influx of bots, which often affect other members of this niche. Earlier, CEO Block.One Brendan Blamer reported that his company spent about $ 150 million to develop Voice.