Streamr, Hewlett Packard Enterprise partner to impel real-time data monetization

Blockchain-backed data platform Streamr and Hewlett Packard Enterprise (HPE) have teamed up to incorporate the technology of a select vehicle, Streamr’s Engine and HPE’s interfacing in order to deliver vehicle data in real-time to the Streamr Marketplace, according to a press release CoinReport received from Streamr’s PR firm, Wachsman.

Streamr CEO Henri Pihkala commented in the release we received, “As one of the first demonstrations in the world where a car’s data will be monetized onto a publicly available platform not only makes this a truly important milestone on our journey, but a pivotal moment in the race to innovate. As we welcome the future of cities and towns, real-time data is required to drive smart cities forward.”

HPE is gathering data in real-time from the communications “bus” in the car, where hundreds of information points come from sensors within the car. That information, from gas usage and whereabouts to gearing and acceleration, can then be forwarded to the Streamr platform.

Pihkala added, “This partnership with HPE not only solves some of the challenges associated with smart cities, it also proposes a solution to the question of data ownership. We want to ensure that when drivers get in their car and produce valuable data, no one is reaping the rewards but them and with Streamr, we will always keep our users in the driving seat.”

Streamr brings buyers and sellers together by providing one interface for real-time data delivery and payment. The utilization of DATA, Streamr’s cryptographic token, enables free trade of data streams all over the world. The Streamr Engine is the high-performance analytics engine that aggregates, filters and merges raw information with extra data to extract value.

Raphael Davison, global director for Blockchain at HPE, stated, “Our main objective at HPE is accelerating time-to-value for our Enterprise Blockchain customers.

“We see Blockchain use cases evolving into what we call Blockchain 3.0: the intersection of Blockchain, IoT, big data, AI and the Intelligent Edge. Our partnership with companies like Streamr helps us bring this future closer to a reality.”

Image via HPE’s Media Library