How Streamr Labs will help make a real-time decentralised data economy a reality

Michael Malka
Mar 1, 2018 · 4 min read
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COO Risto Karjalainen, Head of Streamr Labs Michael Malka and co-founder Nikke Nylund

How does Streamr Labs fit in with the overall vision?

Streamr’s vision is to provide decentralised real-time data transfer and monetisation infrastructure that’s blockchain connected. Part of that — and Streamr’s main focus for this year — means building a blockchain enabled real-time Data Marketplace. This will be a space where parties around the world can buy and sell the live information they need. We hope that building our Marketplace will also demonstrate to the world how these technologies can create completely data driven ecosystems through, for example, machine-to-machine connections.

So how does Streamr Labs help with this?

Given the name, you’d also expect us to be doing R&D. And you’d be right. The sort of research we’ll be undertaking falls into three broad categories. The first is helping to develop use case models. This involves demonstrating to companies, and to the rest of the world, what our tech can do and what it will do for them. The second is working on sensor technology. This will mean finding new and innovative ways to better integrate sensor systems and the information they produce into Streamr’s own nascent Network and Marketplace. The third is to undertake research to try and get ahead of the problems that our developers will face in building a decentralised real-time data network. Building this network, as envisioned in our whitepaper, is no easy task. Anything we can do in the Labs to smooth the way will be a big win for everyone.

Streamr Labs will help with onboarding too

But Streamr Labs isn’t all about innovation and long term R&D in the classic sense. We also know that many companies interested in retailing their data on the Marketplace need help integrating their information onto our platform. So, for the next six months to a year, the Labs will also be focused on working with potential Marketplace partners on two things. Firstly, we’ll be engaging in technical onboarding, such as data integration, smart contract programming and visualisations. Secondly, we’ll work on the business side of collaboration. This will include joint promotions, product pricing models, terms of use, details for smart contracting, and drafting letters of intent.

Streamr

The decentralized platform for real-time data

Michael Malka

Written by

Streamr

Streamr

The decentralized platform for real-time data. #Ethereum #Web3 #DataUnions #IoT. Follow us on Twitter, join our sub-Reddit, or chat with us on Telegram.

Michael Malka

Written by

Streamr

Streamr

The decentralized platform for real-time data. #Ethereum #Web3 #DataUnions #IoT. Follow us on Twitter, join our sub-Reddit, or chat with us on Telegram.

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