Ocean protocol (OCEAN)

$ 0.285600000000000000

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Description

What is Ocean Protocol Crypto Currency? Ocean Protocol is a blockchain-based data-sharing platform designed to enable the secure and anonymous exchange of data, services and algorithms across the internet. It is an open source project that anyone can use, and it allows anyone to create applications and access their decentralized data market. Ocean Protocol was created by BigchainDB, a Berlin-based blockchain startup, and it is backed by the Microsoft Azure Blockchain Services and ConsenSys. Who Founded It? Ocean Protocol was founded in 2017 by Bruce Pon and Trent McConaghy. Bruce is a technology leader and entrepreneur with experience in enterprise software, analytics, mobile, and distributed systems. Trent is an entrepreneur with experience in software, artificial intelligence, and blockchain technology. Both of them noticed the growing demand for decentralized and autonomous applications and data sharing and started an ambitious project to create a secure, accessible, and open platform for data and services. What Makes it Unique? Ocean Protocol is a blockchain-based platform designed to incentivize data contributors and consumers with a secure, transparent data exchange platform that provides a variety of data privacy tools. The platform is open source and offers a wide range of features such as: • Data privacy tools, including data anonymization and pseudonymization so that data contributors can remain anonymous and data consumers can check authorization • A decentralized marketplace that allows data owners to monetize their data and machine learning algorithms by setting up flexible data licensing models • A decentralized storage layer that enables users to store, read and write data securely in a distributed storage system • Transaction settlement based on smart contracts, allowing contributors and consumers to complete transactions using tokenized assets Where Does It Used? Ocean Protocol is used in a variety of industries and applications, including healthcare, finance, transportation, government, cybersecurity, and more. It enables data owners to monetize their data in a secure and controlled manner while allowing data consumers to access high-quality data. It is used by organizations to securely exchange data in the context of artificial intelligence, machine learning, and big data analytics. Where To Buy/Sell It? Ocean Protocol (OCEAN) is listed on major exchanges such as Binance, KuCoin, and Gate.io, among others, where it can be purchased or sold with a variety of fiat and digital assets. Before buying, selling, or trading Ocean Protocol, it is important to do thorough research and read the terms and conditions of the exchange.