Mercedes Benz launches blockchain-based data sharing platform Acentrik

Mercedes Benz Group's Daimler South East Asia has produced its Ocean Protocol pilot-based Acentrik blockchain platform.

A non-fungible token (NFT) represents each Acentrik dataset and a metadata hash is stored in it.

Acentrik is squarely targeted at enterprise users, including Know Your Business and extensive access controls.

Since Acentrik is not domain specific, the platform could be used for insurance information, clinical trials data, or anything else.

Although consumers can use a stablecoin rather than a cryptocurrency to pay for data, public blockchains like Polygon or the Ethereum Rinkeby test network carry out the transactions.

However, Polygon gas fees must be paid with the MATIC cryptocurrency. The underlying data can be stored on IPFS or AWS S3.