TUESDAY JUNE 19, 2024 — Decentralized telecommunications network Chirp is excited to announce its strategic partnership with Streamr, the P2P network for real-time data sharing, which aims to make data from thousands of IoT devices accessible on the blockchain.
Built on the Sui blockchain, Chirp’s powerful wireless network for IoT and mobile devices gathers vast amounts of data – from fleet tracking and temperature sensors to agricultural and weather information. Streamr allows DePIN networks like Chirp to transfer these large throughputs of data in real-time without the need for a centralized server.
The integration with Streamr will see Chirp share the data picked up by the Internet of Things (IoT) devices connected to its wireless network via Streamr’s Hub. This provides access to a wide variety of data streams via a decentralized platform, while also allowing Chirp to monetize this data.
Henri Pihkala, co-founder and CEO of Streamr, says: “DePIN projects like Chirp stream vast amounts of data every day that can contribute to the creation of a comprehensive and reliable global decentralized database, making real-time data available to all. We see enormous synergies between what we offer at Streamr and Chirp’s growing network of IoT and mobile devices as we embark on our partnership.”
Tim Kravchunovsky, CEO and founder of Chirp, says: “We’re thrilled to be integrating with Streamr to bring additional utility for our users. We’re building one of the biggest DePIN networks that will eventually connect millions of IoT devices and sensors that gather granular data on anything from weather to neighborhood security statistics. We’re excited to make this data publicly available on the blockchain.”
In the future, Chirp and Streamr aim to explore integration with Streamr’s Data Union Framework, which will allow Chirp to set up an incentivization program for its users to share data from their IoT devices and earn rewards in return.
Chirp’s collaboration with Streamr comes amid a raft of hard-hitting partnerships and precedes several key announcements that will position Chirp as a leader in decentralized telecommunications.