Mercedes-Benz maker Daimler to use blockchain to collect data

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The Mercedes-Benz parent company has partnered with Ocean Protocol to use blockchain technology to privately collect and package data for monetization.

Editors Note: This article comes fromCointelegraph Chinese (ID: CointelegraphChina), Author: SAMUEL HAIG, reproduced by Odaily with authorization.

Editors Note: This article comes from

Cointelegraph Chinese (ID: CointelegraphChina)

, Author: SAMUEL HAIG, reproduced by Odaily with authorization.

Ocean Protocol is a decentralized data exchange protocol focused on data collection, sharing and monetization. It announced a pilot project with Mercedes-Benz maker Daimler AG.

Daimlers Southeast Asian subsidiary will use a blockchain-based solution to collect and monetize the companys data.

The pilot project will leverage Ocean Protocols recently launched Compute-to-Data protocol to protect the privacy of Daimlers data while allowing third parties to analyze and aggregate the information.

Mercedes-Benz partners with Ocean Protocol to test DLT data pilot project

Ocean hopes the pilot will further attract collaborations with major global companies, describing the pilot as a scalable blueprint for deployment.

“We believe in the power of blockchain to unlock the value of data in a decentralized way,” said Hartmut Muller, vice president of IT at Daimler.

Frank Schur, senior manager of IT technology at Daimler in Singapore, described decentralized data marketplaces as an interesting job that offers exciting opportunities to aggregate data in a clear way of paying.

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