Unique Web3 tech primed to democratize Internet of Things industry

  • 📰 Cointelegraph
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 51%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Conflicted about the tradeoff of convenience for data that comes with the Internet of Things? W3bstream aims to solve that.

Network — a project that is working to merge blockchain technology with the IoT — has recently announced the rollout of a new product called W3bstream. W3bstream is a chain-agnostic system that has been developed to disrupt the monopoly that has been formed around user data and smart devices.

Beyond just protecting the end user, W3bstream will give users the option to profit from their own data, reshaping the current state of the industry. The key to being able to do this is the platform’s decentralized approach, which takes the ownership possibilities opened up by blockchain technology and applies it to the full spectrum of the IoT.

The way this works is through data pools to which participants can contribute without having to reveal their names or any other information they wish to remain private. In the health sector, this could greatly advance research efforts without participants having to cede unnecessary personal information to third parties that may use the information to profit.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 562. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

w3bstream_com I also constantly doubt something, but this does not mean that it is somehow bad

w3bstream_com omg

Ok, but I only listen to ChiefraFba for signals and analysis I have a 91% win rate in 2 months of copying his signals 🚀

iotex_io amazing project 🔥🔥

Hi Team We need guest post on your site Please contact me for detail

IOT = internet of value incoming with Web3

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Commercial and Business Opportunities for Artists in Web3 | HackerNoonArtistic autonomy has probably been a fraught issue since the dawn of time. - blockchain art And nfts do nothing to solve that 👍
Source: hackernoon - 🏆 532. / 51 Read more »