Review on Streamr by Victor Nnamah
A means of transferring data through decentralized platforms.
In the world we are today, data are very valuable to like in day to day activities. As data processing becames difficult to maintain technologists try to find solutions to it, and that is where streamr comes to play
Streamr is an interesting block chain project designed for the purpose of developing a market place for the real time exchange and transfer of data in decentralized
Transfer and direct distribution of data through this network is done by the use of the P2P network and also traded by users and machines in the same network.
Talking about aspects of machines like electric cars, traffic lights, weather forecast, etc, streamr helps to improve the efficiency by helping them receive signals inform of data in real life in a safe and secure
However, Data also could be exchanged for Datacoin which is the main currency used on streamr network world wide. Datacoin can be exchanged between consumers and producers with the aid of a P2P network
In conclusion, streamr network is here to help resolve real life problem of data distribution and transfer
Pros
- Enables direct data distribution.
Cons
- None.
