IOTA Data Marketplacehttps://blog.iota.org/iota-data-marketplace-cb6be463ac7fThe IOTA Foundation is thrilled to introduce an ambitious project that has been in the making since 2015. The Data Marketplace is IOTA’s most comprehensive pilot study thus far. The goal is to enable a true decentralized data marketplace that opens up the data silos that keep data limited to a few entities as is the case today. Data is one of the most imperative ingredients in the machine economy and the connected world............
Quotes from the IOTA Data Marketplace participants:
Accenture Labs
“Today we are working closely with a wide range of key technology providers in the blockchain space and we are happy to have the chance to participate in the IOTA Data Marketplace project. We want to have a deeper look in IOTA technology to grasp hands-on experience and provide our client the right understanding of IOTA and its potential business implications.” -Accenture Labs in Sophia Antipolis
Agder Energi
“Agder Energi appreciate to be invited to collaborate with IOTA and the rest of the participants. We are excited to get to know the Data Marketplace and explore the opportunities in IOTA’s distributed ledger technology and particularly usage within the energy industry. Will the technology enable P2P trading of power?”
- Rune Hogga, Agder Energi, Project Manager Pilot E
Nordic Impact
“With the democratization of data through the IOTA platform we see the start of an abundant world. We will move towards a world where we will give people access to clean water, food, energy, health care, education, and everything else that is necessary for a having a good life”. Anders Lier -Chairman Nordic Impact /Advisor IOTA
Gridsense
The engagement of people for a world with less CO2-emission is important, monetizing their investment into renewable energy-production & -consumption by offering their “Energy-Information and -Flexibility” to a market. With IOTA is “Energy-Information and -Flexibility” getting a pricing and is a real incentive to be a part of a world with renewable energies
Microsoft and IOTA launch first cryptocurrency market for the Internet of Thingshttps://thenextweb.com/hardfork/2017/11/28/iota-microsoft-data-marketplace-cryptocurrency/“We are very excited to announce the launch of our data marketplace,” said Sønstebø. “This will act as a catalyst for a whole new paradigm of research, artificial intelligence, and democratization of data.”
In addition to Microsoft and Fujitsu, a number of other high-profile companies – including Deutsche Telekom, Bosch, Accenture, and PwC – will also participate in the demo.
“We are excited to partner with the IOTA Foundation and proud to be associated with its new data marketplace initiative,” said Microsoft blockchain specialist Omkar Naik.
“This next generation [sic] technology will accelerate the connected, intelligent world and go beyond blockchain that will foster innovation real world solutions, applications and pilots for our customers,” he continued.
The marketplace demo will run until January. IOTA has promised to release a series of blog posts and case studies to showcase the various ways in which companies and individuals can benefit from using its technology.
Always on for great ideas #IOTA #Tangle next generation #Blockchainِ #Fujitsu #Industry40 #iot @DomSchiener let‘s go!!! pic.twitter.com/wSJHKIvhg2
— Dr. Rolf Werner (@RolfWerner) November 26, 2017
Ordinary netizens will also have a chance to sell their data on the marketplace by connecting their IoT devices to the IOTA ledger. This will enable them to cash in on various data like weather station statistics and more.
For this inaugural demonstration, IOTA says all data will be valued equally, but this might change in the future. “For this proof of concept, all of the data is rated equally,” said Schiener. “In the next iteration we will include a simple bidding mechanism coupled with more complex querying for datasets.”