Nokia has launch of its Marketplace of Data. A Blockchain-type service giving real time providing to massive trusted data set.

Nokia Said:-

• Our customer need secure and trusted assess to data for effective decision making.
• Nokia data marketplace, enterprises and CSPs can now benefit from richer insights and predictive models to drive digital ways of working and tap into new revenue streams.”

 

Data Marketplace facilitates the sharing of data and AI models between enterprises and communications service providers (CSPs).

 

The platform also enables the monetisation of data exchanges between customers or business ecosystem participants.

“This reduces waiting time for shipping participants in the marine ecosystem, enables faster turnaround for ships, and reduces our costs.”

After losing their early association with cryptocurrencies, blockchains are now finding increasing real-world adoption in enterprises around the world as powerful digital ledgers which provide trust and security.

Justin van der Lande, Principal Analyst at Analysys Mason, commented: “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. Facilitating data sharing using a secure platform, such as Nokia’s blockchain-based Data Marketplace, accelerates enterprises’ building of new data sets and creates richer business partnerships for them.”