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Mercedes Benz launches blockchain-based data sharing platform

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Two years ago, we wrote about a Daimler pilot with AI organization Ocean Protocol for decentralized data exchange. This week Daimler South East Asia, part of the Mercedes Benz Group, went into production with its Acentrik blockchain platform, based on that pilot.

Artificial Intelligence and machine learning require data. A lot of it. And enterprises are sitting on massive volumes of data without earning the full financial benefits. Hence the concept of a data marketplace where enterprises can buy and sell data. 

If someone is concerned about privacy, they can share the data in a privacy-preserving manner purely for calculating results without disclosing the underlying data.

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