We’re slowly moving from the Big Data era to the “OMG HOW MUCH DATA?! era,” to use the technical term. But, all joking aside, it’s getting bigger, or worse, depending on your point of view. By some estimates over 2.5 Quintillion bytes of data are now generated by us daily and this is increasing exponentially monthly.
The internet’s original vision was to create a decentralized and neutral platform that gave everyone equal access to services, content, and publishing tools. And for a time, that’s how it was. Today, there’s general consensus that we’ve drifted far away from that vision as centralized services have established dominion over the infrastructure and data that run across the world wide web. Source
Of course, most of that data is sitting around unused because it’s hard to process all this stuff, let alone store it. The problem will get much worse as the Internet of Things really starts to motor. Which is why it’s no surprise the Crypto Kids are coming along to try and solve it all with — guess what — the Blockchain.
Recently the IOTA Foundation announced the launch of its data marketplace and that it has teamed up with multiple leading companies including Microsoft, Bosch, Daimler, Accenture, Samsung, Orange, and more, to demonstrate a so-called, tamper-proof data marketplace. That demo will begin the end of November. Meanwhile, they aren’t the only ones tacking this.
Red the entire article here: Pied Piper’s decentralized internet is planned for Dubai, courtesy of startup Moeco