Nokia unveils as-a-service blockchain-enabled platform

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Nokia has launched Nokia Knowledge Market as-a-service to facilitate safe sharing of knowledge and AI fashions, enabling digital transformation and information monetisation for enterprises.

As information volumes proceed to surge, AI and machine studying are more and more essential in enterprise choice making. Nokia Knowledge Market is designed to assist enterprises and communications service suppliers (CSPs) use information in strategic choice making, by offering real-time entry to large trusted datasets.

The brand new service additionally permits enterprises and CSPs to turn into information market suppliers themselves, by monetising information exchanges between prospects or enterprise ecosystem members.

Nokia Knowledge Market ensures trusted information trade and authorisation mechanisms. This allows a variety of vertical use instances, together with electrical car charging, environmental information monetisation, supply-chain automation and preventative upkeep powering quite a few vertical segments, together with transportation, ports, power, good cities and healthcare.


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Friedrich Trawoeger, Vice President, Cloud and Cognitive Providers at Nokia, mentioned: “Our prospects want safe and trusted entry to information for efficient enterprise choice making. With Nokia Knowledge Market, enterprises and CSPs can now profit from richer insights and predictive fashions to drive digital methods of working and faucet into new income streams.”

Nokia Knowledge Market accelerates AI initiatives by federated studying. This strategy, mixed with orchestration capabilities, facilitates collaborative growth of extremely correct machine studying fashions for analytics use instances. It additionally meets rising demand for a platform that may effectively apply AI and machine studying algorithms to in situ information.

Nokia Knowledge Market enhances Nokia Worldwide IoT Community Grid (WING), which presents international IoT connectivity and vertical purposes. For instance, Nokia WING’s asset monitoring resolution is enriched by Nokia Knowledge Market’s blockchain to supply safe and automatic information trade and transactions between logistics’ ecosystem companions for sooner turnaround.*

Kaladhar Voruganti, Senior Fellow, Workplace of the CTO at Equinix, provides: “Nokia Knowledge Market mixed with Equinix information facilities permits organisations to share information and algorithms globally at greater than 240 metro edge areas. Our Steel platform augments this to supply safe, proximate, on-demand infrastructure to enterprises and authorities businesses. Sharing and processing of knowledge near its level of creation mitigates points associated to latency, compliance, and community backhaul value. These impartial and safe edge areas are related by way of high-speed and safe networks to information sources spanning throughout public clouds, personal enterprise information facilities and information brokers.”

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