Coincentral defines Streamr BITcoin as an open-source, off-chain network focused on data monetisation and exchange. The website lists several case studies, including the successful deployment of a data union. Other case studies include the creation of track and trace technology for a fishery, and another application that brings cars into IoT.
It will utilise smart contracts to allow machines and individual users to trade data across the network. The founder and CEO of Streamr, Henri Pihkala, is a coder by heart and CEO by day. He leads an organization of about 40 people to engineer the data economies of the future. Pihkala is based in Zug, Switzerland, commonly known as crypto valley.
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