Data-sharing Algorithm launched for Indian rural store owners

| March 25, 2019

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Next Billion, which creates insights to enable companies to expand in high-growth emerging markets, provides free point-of-sale platforms to rural store owners to record real-time inventory and sales data. It is building a data marketplace and piloting a new data sharing model based on Ocean Protocol, the first general platform for borderless data sharing that marries blockchain, data and AI. Through the pilot, Indian rural store owners will capture real-time transactions via the POS platform and are incentivised to consistently use this platform to submit verified data. When companies buy their syndicated data, transactions can be traced back to the source via Ocean Protocol, enabling Next Billion to reward these rural store owners with royalties.

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HMV Retail Ltd

HMV is a leading specialist retailer of music, film, games, headphones and speakerdocs. We have over 120 stores and employ 2,500 colleagues. The brand is synonymous with the very history and development of popular music and culture and made famous by the iconic image of Nipper the dog.

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Spotlight

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