blockchainreporter
  • News
    • Altcoins
    • Bitcoin
    • Blockchain
    • Ethereum
    • Adoption
    • NFT
    • DeFi
    • Metaverse
  • Education
  • Glossary
  • Advertise
No Result
View All Result
Bet Now
blockchainreporter
  • News
    • Altcoins
    • Bitcoin
    • Blockchain
    • Ethereum
    • Adoption
    • NFT
    • DeFi
    • Metaverse
  • Education
  • Glossary
  • Advertise
No Result
View All Result
blockchainreporter
Bet Now
No Result
View All Result
Bitcoin
BTC
1d:
7d:
Ethereum
ETH
1d:
7d:
Polkadot
DOT
1d:
7d:
Solana
SOL
1d:
7d:
Ripple
XRP
1d:
7d:
Shiba INU
SHIB
1d:
7d:

Altcoin News: Ocean Protocol Live for Data Sharing

Ogwu Emmanuel by Ogwu Emmanuel
April 9, 2019 - 6:00 pm
in altcoins news, blockchain news
0
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter
  • Ocean claims to be the world’s first data sharing platform powered by distributed ledger technology
  • Ocean Protocol is designed to foster the secure and transparent sharing of data
  • The team says its primary objective is to provide users with safe, privacy-preserving and borderless data sharing to unlock the Data Economy

Ocean Protocol, a decentralized blockchain-based data exchange protocol that claims to enable data providers and consumers to share data transparently and securely via smart contracts, has announced the launch of its beta release.

Ocean protocol reaches another milestone

As stated in its press release, Ocean Protocol, a project focused on making it easier for users to build robust data services and marketplaces have successfully unveiled its beta and can now facilitate safe, privacy-preserving and borderless data sharing.

With the launch of the beta version, the team has made it clear that the stage is now set for users from various sectors of the global economy, including research, insurance, retail, healthcare and more, to deploy their proofs-of-concept solutions on the network.

The team claims that several highly reputed organisations have already started latching onto the Ocean Protocol train, including AI Singapore, Aviva, Unilever, Johnson & Johnson among others.

Commenting on the latest achievement, Bruce Pon, co-founder, reiterated that the launch of the beta represents a significant feat for both the firm and the entire blockchain and cryptosphere. In his words:

“Today’s beta release is a big milestone for our project and society in general. It marks the beginning of a new and open global Data Economy. With the beta network now live, data scientists and developers can start building and experimenting with new services and decentralized applications (dApps) using Ocean Protocol.”

Revolutionising the data sharing ecosystem

According to the Ocean Protocol team, only a handful of nations are presently really working to achieve their data economy potential, and in the United Kingdom alone, research has shown that in 2016, roughly 140 billion Euro’s worth of data-driven economic value was not realized.

Against that backdrop, Ocean Protocol is now poised to eliminate the challenges hampering the growth of the global data economy through blockchain technology, smart contracts and tokens.

Ocean Protocol guarantees control and auditability of critical data, while also protecting privacy, thereby allowing seamlessly set pricing and trade data without losing control over their data assets.

Tags: AltcoinsBlockchain
ShareTweet
Ogwu Emmanuel

Ogwu Emmanuel

Ogwu is a Nigeria-based blockchain analyst focussing on the regulatory implications of governments in the cryptocurrency industry. He writes regularly for several cryptocurrency-focussed news sites.

Recommended For You

Blockchainreporter Weekly News Roundup

by Umair Younas
February 5, 2023 - 2:29 pm
0
crypto

Blockchainreporter has compiled a bunch of important news from this week covering all happenings related to FTX and other exchanges.

Read more

Moonpay Allocates $555k to Advance DAO Ecosystem and NFT Programs

by Umair Younas
February 5, 2023 - 7:43 am
0
MoonPay Celeb

The respective capital allocation by Moonpay is targeted at backing projects engaged in expanding innovation and development in DAO and NFTs.

Read more

My Blockchain Account is Locked – How to Recover Locked Wallet

by Mushu Butt
February 5, 2023 - 5:42 am
0
blockchain

My blockchain account is locked, how to recover it? If you are looking for answers to this, then you’re at the right place. Here is a complete guide!

Read more

Justin Sun Says TRON Will Offer an AI-Focused Decentralized Payment Agenda for AI Systems

by Umair Younas
February 4, 2023 - 1:02 pm
0
openai

Sun noted in the tweets that the Tron platform will offer an agenda for decentralized payments to facilitate the AI systems OpenAI and ChatGPT.

Read more

Crypto App Abra Raises $55M in Series C Led by Ignia and Blockchain Capital

by Mushu Butt
February 4, 2023 - 10:24 am
0
abra

Crypto wallet raised $55m in series C funding led by Ignia and Blockchain Capital. Abra aims to grow its net worth and institutional sales products.

Read more
Next Post

Altcoin News: Golem (GNT) Gives Crucial Updates on Graphene Project

PARTNERS LIST

PRESS RELEASE

Game Space Powers Web3 Gaming With the Launch of Player One Tournament, Aligns Partnership with Splinterlands, Gods Unchained and Big Time

by Max Clark
February 3, 2023 - 12:00 pm
0

For Player One Tournament, Game Space will continue to cooperate with more public chains, various gaming guilds, Web3 Infra, Web3...

Metacade presale investment rockets past $5 million as GameFi investors hurry to buy remaining MCADE tokens

by chainwire
February 2, 2023 - 3:38 pm
0

London, United Kingdom, 2nd February, 2023, ChainwireThe Metacade presale is selling out fast with stage 3 coming to a close...

Snowfall Protocol

Joe Biden Reveals Game-Changing Crypto “Roadmap” after $2 Trillion Bitcoin (BTC) and Ethereum (ETH) Crash! Snowfall Protocol (SNW) Still the Top Pick for 2023

by Josh Fernandez
February 2, 2023 - 9:23 am
0

A perennial problem that has dogged the crypto world – and one that Snowfall Protocol (SNW) aims to address –...

Peer Acquires Elite Team of Engineers Behind Zenly’s Popular 3D Maps

by chainwire
February 1, 2023 - 5:44 pm
0

Seattle, Washington, 1st February, 2023, ChainwirePeer today announced the hiring of a specialist team of engineers from Zenly to develop...

BlockchainReporter is a trusted name in the cryptocurrency and blockchain technology news space, keeping its readers abreast of the latest and most significant trends in the industry.

Here at BlockchainReporter, our team of global writers is dedicated to providing price analysis on leading cryptocurrencies and covering the latest developments pertaining to bitcoin news, altcoins news, blockchain news, NFT news and cryptocurrency adoption news from around the world.

News

  • Altcoins
  • Bitcoin
  • Blockchain
  • Ethereum
  • Adoption
  • NFT
  • DeFi
  • Metaverse

Info

  • Education
  • Glossary
  • Market
  • Press Release

Company

  • About Us
  • Terms & Conditions
  • Advertise
  • Sitemap
  • Contact

@2022 – Blockchainreporter.net. All Right Reserved.

No Result
View All Result
  • News
    • Altcoins
    • Bitcoin
    • Blockchain
    • Ethereum
    • Adoption
    • NFT
    • DeFi
    • Metaverse
  • Education
  • Glossary
  • Advertise

@2023 - Blockchainreporter.net. All Right Reserved.