Daimler AG and Ocean Protocol have tested a blockchain-based data exchange platform.
Through the platform, Daimler AG will be able to share internal sales and financial information with manufacturing centers around the world as well as with some external supply chain partners. Testing took place between the Group headquarters in Stuttgart and the Singapore manufacturing center.
“We believe in the ability of the blockchain to disclose the value of data. Partnership with Ocean Protocol allows us to create a secure B2B corporate data market for monetization and use of information,” Hartmut Muller, Daimler Vice President of Technology, said.
According to Bruce Pon, the founder of Ocean Protocol, who had worked at Daimler’s IT department for five years, large corporations can spend huge amounts of money annually on configuring software and security systems. A transparent data exchange platform will reduce these costs.
“The decentralized information market is an interesting offer that allows us to aggregate data and receive compensation. With Ocean Protocol, we can implement this offer securely and transparently,” Frank Schur, technology manager at Daimler Singapore, said.
It is is not the first time that Daimler AG has worked with blockchain. Earlier it was reported that the concern, which owns the Mercedes-Benz brand, plans to create a hardware wallet for blockchain-based cars.
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