Mercedes Benz taps Polygon for a data-sharing platform

Jul 28, 2022
Mercedes Benz taps Polygon for a data-sharing platform

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Daimler South East Asia, a part of the Mercedes Benz Group introduced that it shall construct its blockchain-based knowledge sharing platform on Polygon, an Ethereum Layer-2 scaling resolution.

The selection of utilizing Polygon provides to the widespread adoption of Polygon throughout varied sectors around the globe.

The Acentrik platform

The brand new knowledge sharing platform by Daimler South East Asia will probably be referred to as Acentrik and can allow enterprises to purchase and promote knowledge in a decentralized atmosphere.

As well as, though the platform is a product of the Mercedes-Benz affiliate, the blockchain platform may even be used to commerce knowledge from a variety of industries together with insurance coverage knowledge, medical trials, and plenty of others.

And in contrast to most different related decentralized knowledge platforms, the info on Acentrik is not going to be saved on the blockchain. A non-fungible token (NFT) will as an alternative be used to characterize every knowledge set on the blockchain. Every of the NFTs will retailer particular metadata.

Why Mercedes-Benz settled on Polygon

In keeping with experiences from Daimler South East Asia, the shopping for and promoting of knowledge will probably be carried out on Polygon and Ethereum Rinkeby testnet. Moreover, to guard the financial worth of knowledge, companies will probably be anticipated to make use of stablecoins to make funds.

However because the transactions will have to be completed on Polygon, customers may even be required to pay fuel charges utilizing the MATIC token, which is the native token of Polygon.

As soon as a person makes all the mandatory funds, they will entry the info which will probably be accessible on AWS 53 or IPFS.

Whereas commenting in regards to the improvement, the co-founder of Polygon, Sandeep Nailwal, celebrated the toes via a tweet that mentioned:

“Mercedes Benz is the newest model to be Powered By Polygon Onwards!”

And following the information, the worth of MATIC jumped by 10% to hit a day by day excessive of $0.9078. On the time of writing, the coin was nonetheless bullish and was buying and selling at $0.8734.



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