IOTA partners with Microsoft and others to launch new data marketplace

Reading time icon 1 min. read

Readers help support MSpoweruser. We may get a commission if you buy through our links. Tooltip Icon

Read our disclosure page to find out how can you help MSPoweruser sustain the editorial team Read more

IOTA Foundation today announced its most ambitious project yet, IOTA Data Marketplace. The IOTA Data Marketplace is a decentralized data marketplace that opens up the data silos to everyone. They will open up an API for the marketplace soon that will allow anyone to contribute data with their sensors, and build new data-driven applications. Several leading companies including Microsoft have joined this data marketplace initiative.

“We are excited to partner with IOTA foundation and proud to be associated with its new data marketplace initiative. This next generation technology will accelerate the connected, intelligent world and go beyond blockchain that will foster innovation real world solutions, applications and pilots for our customers,” said Microsoft.

Learn more about this announcement here.

More about the topics: Blockchain, data marketplace, IoT data, IOTA, IOTA Data Marketplace, microsoft