Nokia launches blockchain-powered Data Marketplace for secure data trading and AI models

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Nokia launches blockchain-powered Data Marketplace for secure data trading and AI models

StreetInsider2021-05-05

Press ReleaseNokia launches blockchain-powered Data Marketplace for secure data trading and AI models Designed to enable trusted exchanges and monetization of data via private blockchainAccelerates ...

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Benstonk
·2021-05-07
Blockchain phone
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Blueman13
·2021-05-05
Nice
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- Tannns:
  [Smile]
  2021-05-05
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Yangie
·2021-05-05
Like this for $nok to the moon!
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GheeHing
·2021-05-05
Good to know!
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HuatRocket
·2021-05-05
Up
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HoeMeng
·2021-05-05
Nice
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traderbob
·2021-05-05
Cool
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- HoeMeng:
  Yeah
  2021-05-05
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For example, Nokia WING’s asset tracking solution is enriched by Nokia Data Marketplace’s blockchain to provide secure and automated data exchange and transactions between logistics’ ecosystem partners for faster turnaround.*Kaladhar Voruganti, Senior Fellow, Office of the CTO at Equinix, said: “Nokia Data Marketplace combined with Equinix data centers allows organizations to share data and algorithms globally at more than 240 metro edge locations. Our Metal platform augments this to provide secure, proximate, on-demand infrastructure to enterprises and government agencies. Sharing and processing of data close to its point of creation mitigates issues related to latency, compliance, and network backhaul cost. These neutral and secure edge locations are connected via high-speed and secure networks to data sources spanning across public clouds, private enterprise data centers and data brokers.”Wouter van Neerbos, Chief Executive Officer at Marlin, said: “Through automated data exchange among shipping participants, Nokia brings us the transparency and operational efficiency required in our global marine supply chain. This reduces waiting time for shipping participants in the marine ecosystem, enables faster turnaround for ships, and reduces our costs.”Justin van der Lande, Principal Analyst at Analysys Mason, said: “Data is the energy needed to run all future business; critical to their success in creating the best AI based insights and needs access to the largest data sets. Data sharing between enterprise partners is vital in building complete data sets. 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