Nokia, HPE Partner with Blockchain Startup Streamr to Help Users Monetize Data


Blockchain startup Streamr recently partnered with Nokia and Hewlett Packard Enterprise (HPE), among others, sharing its technology to create a data marketplace. More details about the collaborations were unveiled during the Consensus 2018 event in New York City. Streamr’s marketplace, which was launched on Wednesday, enables customers to put their data on blockchain and then generate profits by selling it to different entities. Data can be collected from any kind of device.

To create the platform, Streamr raised $30 million during an initial coin offering (ICO) held in 2017. The Swiss startup wants to tokenize the data via a new digital currency called DATAcoin (DATA), which ranks at number 166 on Coinmarketcap.

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