- On-chain smart data platform collaborates with peaq, layer blockchain infrastructure.
- Nuklai addresses data availability, its effective use, and fair data monetization.
- Secure and seamless flow of reliable data is the lifeblood of the entire IoT sector: CEO of Nuklai.
Nuklai, the world’s first on-chain smart data platform designed to transform data sharing and AI model training, declared a new collaboration with Peaq, a key layer-1 blockchain space for DePIN and Machine RWAs. DePINs connected to Peaq gain access to Nuklai’s smart data infrastructure, curated data sets, as well as tools for equitable data monetization.
The integration comes at a time of high demand, as shown by the exponential growth in IoT devices. The global device count, which reached 15.1 billion in 2023, is projected to increase to 19.08 billion by 2025, producing a massive 73.1 zettabytes of data annually. Yet, a Techreport survey reveals that 97% of companies struggle to extract actionable insights from this wealth of information, indicating a significant gap between data availability and its effective use.
Fair data monetization is another issue the union is designed to address. In Apri…
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