Ocean Protocol (OCEAN)

Ocean Protocol is a tokenized service layer that exposes data, storage, compute and algorithms for consumption with a set of deterministic proofs on availability and integrity that serve as verifiable service agreements. There is staking on services to signal quality, reputation, and ward off Sybil Attacks.

Ocean aims to help users unlock data, particularly for AI. It is designed for scale and uses blockchain technology that allows data to be shared and sold in a safe, secure, and transparent manner.

Ocean Protocol weaves business, technical, and governance frameworks together to allow data and services to be shared and sold, in a secure manner. Ocean Protocol stores metadata, links to data, provides a licensing framework, and has toolsets for pricing. A multitude of data marketplaces can hook into Ocean Protocol to provide “last mile” services to connect data providers and consumers. Ocean Protocol is designed so that data owners cannot be locked-in to any single marketplace. The data owner controls each dataset.