Daimler South East Asia, a a part of the Mercedes-Benz Group, introduced a data-sharing community based mostly on blockchain know-how, which is able to leverage the Ethereum Layer-2 scalability platform Polygon to launch its product.
A brand new data-sharing platform dubbed Acentrink, will let companies buy and promote and commerce data in a decentralized setting. The new platform comes from the partnership between Daimler South East Asia and Polygon. Furthermore, it should enable customers to commerce completely different data, together with insurance coverage data, medical trials, and extra
On July 27, in a tweet, the co-founder of Polygon introduced the partnership with Mercedes-Benz:
While on July 28, the Polygon CEO adopted up with a tweet:
“The initiative additional showcases the widespread adoption of the Polygon community by prime manufacturers. Polygon continues to showcase its potential as one of many prime blockchain platforms enterprises can depend on.
With options like ‘Know Your Business’ and different complete entry controls, Acentrik was developed with enterprise customers in thoughts from the bottom up.
This is probably not the primary blockchain-based data-sharing program that has made use of blockchain know-how. On the opposite hand, moderately than the data being saved on the blockchain, a non-fungible token (NFT) is used to characterize every dataset.
Polygon platform
Users pays with stablecoins as a substitute of cryptocurrency for the data, though all transactions will occur on the Polygon community. As a outcome, Polygon fuel prices have to be paid utilizing MATIC, the community’s native cryptocurrency.
Polygon’s cryptocurrency MATIC has skilled stable beneficial properties not too long ago. In the final 24 hours, MATIC’s value shot up by 9.95% and trades at $0.95 on the time of writing.
Furthermore, the Polygon blockchain not too long ago launched its zkEVM answer that provides a considerably larger throughput whereas sustaining the Ethereum community safety.
Data safety
Although data sharing is a very delicate matter and usually controversial; nevertheless, with on-line providers rising, the necessity for data sharing has exploded throughout varied industries.
Machine studying and synthetic intelligence require a lot of data, whereas companies possess immense volumes of data with out buying the total monetary advantages of it. That has led to the event of a data market the place enterprises should purchase and promote data.
This method permits new tech corporations to take part in blockchain-based data sharing initiatives, which helps them acquire a footing inside a data-driven aggressive world and ensures better safety and privateness for customers.
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