Ocean Protocol is a decentralized platform that allows users to manage, share, and monetize data using blockchain technology based on Ethereum.
How It Works
The Ocean Protocol platform includes three main components: * **Data NFTs**: confirm ownership of a dataset, similar to property ownership. * **Datatokens**: act as tickets for accessing data. * **Compute-to-Data**: allows AI to analyze data on-site, without moving or exposing it.
The Role of $OCEAN
$OCEAN token is a central element of the Ocean Protocol ecosystem. It is used for: * Buying and selling datasets. * Publishing and consuming data services. * Staking to secure the protocol. * Voting in governance to shape the platform’s future.
Major Announcements
Ocean Protocol announced its entry into the **Artificial Superintelligence Alliance**, joining forces with Fetch.ai and SingularityNET. This collaboration aims to create a single token, $ASI, for decentralized and open AI. Additionally, **Ocean Nodes** were introduced to provide verifiable computations on the blockchain, allowing users to ensure transparency for every operation. Furthermore, the **Ocean CLI** was released, providing tools for turning datasets into digital assets directly from the terminal.
Ocean Protocol aims to create a decentralized ecosystem for data management, offering users a high level of control and monetization opportunities.
