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Datapace offers blockchain powered secure transactions and automated smart contracts to sell and buy data streams. Datapace data marketplace can be used to stream many data from any source, IoT devices, physical assets, autonomous cars, drones, and many more. It enables users to integrate 3rd party data and monetize it through the same marketplace.
Datapace guarantee validity and the value of the streamed data, sent by Datapace trusted partner sensors, other sources of data will need to prove credibility in the Datapace marketplace.
Datapace is founded as a startup of NOKIA Digital Innovation Accelerator in 2017. It was initiated by George Saleh and Drasko Draskovic, two Nokia professionals, as an intersection of their interests, experience, technology preferences and passions.
On Datapace, entities can input their data streams in an encrypted storage (which is anonymized). Then buyers are able to acquire the data through a smart contract using tokens that are distributed among the parties involved.