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   646

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.

Binance to Spread Crypto Fiat Wings

The list of upcoming jurisdictions was found by the Block
18 January 2019   64

The Block has gained access to the list of jurisdictions in which the largest cryptocurrency exchange Binance intends to launch fiat trading platforms. The latter use technology Binance, but will be separate legal entities.

Alleged Binance New Operation Jurisdictions
Alleged Binance New Operation Jurisdictions

In 2019, the exchange allegedly intends to launch full-scale activities in Malta and in Singapore. At the same time, South Korea, Liechtenstein, Russia, Turkey and Argentina are in the plans.

Note that in October last year, such a platform appeared in Uganda, and just a few days ago - on the island of Jersey.