Nokia also uses the blockchain..😳
One of the big companies in the #BlockChain, Streamr, has just begun its partnership with #Finland's #Technology giant..
Henry Picala, executive director of the company, said on Wednesday at the Consensus event that Streamr has started a new partnership with #Nokia..
He also added that the company signed a cooperation agreement with OSIsoft, which allows users to turn their information into money and make their purchases..
According to him, a real-time market is in the pipeline, which allows users to share data instantaneously..
In a commentary, he stated:
Today is a huge day on Streamr. Not only did we introduce our new technology to the world, but also unveiled our two new collaborations..
The contract is to be signed by Nokia and Kuha, one of Nokia's subsidiaries, to use its infrastructure to create a data market..
This feature is provided for Nokia users who can both convert their data to money and also purchase Streaming objects over the Internet..
Marti Lykovsky, director of Nokia's radio systems division, said in a statement:
We have identified a movement in which mobile users tend to gain control over their data and convert data into money. Our partnership with Streamr illustrates the frank approach and determination of the platform..
In this way, users will be able to buy and sell data through smart Ethereal contracts. Buyers and sellers use the DATACOIN ERC-20 Tokens..
This collaboration with OSIsoft also allows co-operating companies to earn money for their operational data..
The details of the project are not yet complete..
It was a month when Streamr, unveiled its partnership with HP..🤔
