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Ocean Protocol
Ocean Protocol
Ocean Protocol
PRESENTATION
FOUNDED BY BRUCE PON
BY
WHAT IS OCEAN
PROTOCOL?
Ocean Protocol is an open-source, decentralized data exchange protocol
that allows for the secure and private sharing of data. It is built on top of a
blockchain and aims to enable data providers to share their data with users
in a secure and private manner while ensuring that data providers are fairly
compensated for the value of their data.
The Ocean Protocol is designed to address several key challenges in the field
of data sharing, such as data silos, lack of transparency, and lack of trust
between data providers and data users. It aims to create a decentralized data
marketplace where data providers can securely share their data with users
while ensuring that data providers are fairly compensated for the value of their
data.
$OCEAN First, it allows for the creation of a decentralized data marketplace where
data providers can share their data with users in a secure and private manner.
Second, it provides a tamper-proof record of all transactions, which allows for
transparency and trust between data providers and data users. Third, it
enables the use of smart contracts to automatically enforce data usage
agreements, which ensures that data providers are fairly compensated for the
value of their data.
The Ocean Protocol is composed of several key components,
including a data marketplace, a data management system, and a
data sharing system.
The data marketplace is where data providers can share their data
with users, while the data management system provides tools for
data providers to manage their data, including tools for data
privacy, data security, and data provenance.
The data sharing system allows users to access and use the data
shared on the marketplace, while ensuring that data usage
agreements are enforced.
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