Terbine Launches Blockchain-enabled IoT Data Exchange To Accelerate Information Sharing and Monetization
August 25, 2018 / insideBIGDATA
Terbine announced the IoT Data Exchange, designed to radically increase the rate of adoption for sharing of machine-generated data between companies, public agencies and academic institutions. Traditionally, IoT data has been kept in “silos” that are not discoverable by the outside world. The IoT Data Exchange utilizes advanced metadata and blockchain technology to provide a trusted, traceable and searchable system for finding the data sources required for applications ranging from autonomous vehicle navigation to quantitative hedge fund analytics. Data providers can optionally monetize their data feeds at scale, something not available before.