A marketplace for personal data based on the Streamr technology stack
In KRAKEN, we’re leveraging the existing technology of the Streamr technology stack, adapting it with additional functionalities and integrating with other partner’s technologies to meet the project’s objectives.
The Streamr technology stack, with its real-time messaging system and data marketplace, is geared towards data generated in real-time by IoT devices and machines. It allows data from these types of sources to be shared and efficiently monetised in real-time in an open ecosystem and peer-to-peer fashion. For data monetisation, Streamr’s native crypto token – DATA – is used as a means of payment. Value is exchanged in return for time-based access to real-time data streams packaged within what we call Data Products.
The marketplace being built as part of the KRAKEN project will use the Streamr marketplace code as a basis and will also make use of the public Streamr Network. However, its target is different to that of the Streamr marketplace. The KRAKEN marketplace aims to enhance the data sharing and monetisation market by connecting data subjects with organisations or institutions needing more data for research and innovation, while respecting the privacy of the data subjects. The data shared may be personal in nature or it can consist of special categories of data.