A Decentralized Data Exchange Protocol to Unlock Data for AI

Ocean Protocol is kickstarting a Data Economy by breaking down data silos and equalizing access to data for all.

Ocean Protocol Video

Ocean Protocol unlocks data

Data Providers

Unlock your data and earn revenue.

pulse

Data Consumers

Discover and buy data.

What is Ocean Protocol?

Ocean Protocol is an ecosystem for sharing data and services. It provides 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 against Sybil Attacks. Ocean Protocol helps to 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.

How Ocean Protocol Works

The Ocean Protocol is an ecosystem of data assets and services. Assets are data and algorithms. Services are the integration, processing, computation and storage. Ocean Protocol facilitates discovery by storing and promoting metadata, linking assets and services, and providing a licensing framework with pricing. Any data marketplace can hook into Ocean Protocol to provide “last mile” services, connecting data providers and consumers. Ocean Protocol is designed so that data owners cannot be locked-in to any single marketplace and the data owner controls each dataset.

Roadmap

Seed

November 2017 *

  • Ocean Token seed distribution
  • Technical Primer
  • Marketplace Framework

Whitepapers

February 2018 *

  • Technical Whitepaper
  • Business Whitepaper

Pre-Launch

March 2018 *

  • Ocean Token pre-launch distribution
  • Singapore, Lead Customers, Advisors

Network Beta

Q4 2018 *

  • Tethys beta (v0.9) test network deployed

Network Launch

Q1 2019 *

  • Tethys (v1.0) network deployed
  • AI/Data/Community activated

Learn how Ocean Protocol works

Technical Whitepaper

This paper presents Ocean Protocol. Ocean is a decentralized protocol and network of artificial intelligence (AI) data/services. It incentivizes for a vast supply of relevant AI data/services.
The heart of Ocean’s network is a new construction called Proofed Curation Markets (PCMs). PCMs bridge predicted relevance with actual relevance of each AI service, by combining curation markets with cryptographic proofs.

Business Whitepaper

This document presents a summary of the business model and ecosystem of Ocean Protocol. In addition, it describes the logic behind the Ocean utility token and the economics incentives driving the Protocol.
It is complementary to the technical whitepaper for Ocean Protocol.

Marketplace Framework

This document presents a summary of the core marketplace attributes and components required to facilitate the successful deployment of the decentralized data exchange protocol and network called Ocean Protocol.
It is complementary to the technical whitepaper for Ocean Protocol.

Have a comment or suggestions about any of our documents?
Let us know @oceanprotocol

Mission Statement

Society is becoming increasingly reliant on data, especially with the advent of AI. However, a small handful of organizations with both massive data assets and AI capabilities have become powerful with control that is a danger to a free and open society.

Ocean Protocol aims to unlock data, for more equitable outcomes for users of data, using a thoughtful application of both technology and governance.

Subscribe to updates

Be the first to know when we release new papers.
email
We will only use your email to send you our newsletter and by submitting this form you give us permission to do so. You can change your mind at any time by clicking the unsubscribe link of any newsletter you receive from us, deleting your data in the process. For more information visit our Privacy Policy.

We use MailChimp & Zoho for our newsletter and by submitting this form, you acknowledge that the information you provide will be transferred to MailChimp for processing in accordance with their their Terms and Privacy Policy, and Zoho in accordance with their their Terms and Privacy Policy.

In 2016, the world produced 16 ZB of data, but only 1% was analyzed — this needs to change.

data locked

A lack of trust prevents data sharing

Centralized data exchanges fail because they lack fair and flexible pricing mechanisms, data providers lose control over their assets, and there is a lack of transparency in how the data is used. So data remains locked up due to a lack of trust.

Use case: autonomous vehicles

A leading use case for proprietary data is autonomous (self-driving) vehicles. The RAND Corporation calculated that 500 billion to 1 trillion miles driven are needed to get AI models accurate enough for production deployment of self-driving cars.

Our collaborators at Toyota Research Institute (TRI) saw that it would be prohibitively expensive for each automaker to generate that much data on its own. The answer would be to pool data via marketplaces.

Then the challenge is, a single data marketplace may itself be centralized: we arrive at another data silo. We need a substrate that enables many data marketplaces to emerge. This is the goal of Ocean Protocol. Critical new benefits emerge: higher liquidity for each marketplace, and organizations are directly incentivized to pool data rather than silo it.

data unanalyzed

AI advances six times faster, when data is available

AI models have limited accuracy and usability without appropriate data. Ocean Protocol will unlock more data for AI. This should lead to more breakthroughs to help society. Ocean Protocol gives the tools to unlock the remaining 99% of untapped data.

Use case: medical data

We are working with ConnectedLife, a diagnostics and wearables company, who are working with hospitals in Munich, Singapore, and Australia on a Parkinson’s research study. The goal is to build models based on patient data spanning these hospitals.

A data marketplace makes it easier to connect the data suppliers; and it must be decentralized to avoid the siloing issue. The extra challenge here is data protection: German data protection laws prevent the Munich Hospital from transferring the raw data out of Germany.

Only a handful of companies today have both Data and AI

data unavailable

AI start-ups and researchers are drowning in algorithms, but lack data. The opposite is true for many large corporations. Ocean Protocol is the bridge between these two sides. By bringing together data and AI, Ocean Protocol will unlock a trillion-dollar market for data sharing.

Use case: computer vision

Our vision is to grow a massive set of data assets, all free for the planet to use. We’ve seen glimpses of the power of this.

ImageNet is an open dataset with over 10 million tagged images—much larger than previous open image datasets. It has allowed AI researchers to train image classifiers with radically less error than before, for dozens of computer vision applications. Providing Data Commons on Ocean Protocol would benefit the whole world, providing accessible data to anyone.

The People Building Ocean Protocol

Ocean Protocol is being built by a diverse ecosystem of contributors who share a common vision of unlocking data for AI. Our core team and advisors have converged from many different countries, industries, and backgrounds to collaborate on kickstarting a New Data Economy.

Core team

The Ocean Protocol core team combines a deep background in big data, blockchain, artificial intelligence and data exchanges, with real-world business experience as entrepreneurs, designers and technologists who have started over 20 companies.

Bruce Pon

linkedintwitter

Trent McConaghy

githubtwitter

Don Gossen

linkedin

Chirdeep Chhabra

linkedintwitter

Daryl Arnold

linkedin

Dimitri De Jonghe

linkedingithubtwitter

Mike Anderson

linkedintwitter

Cristina Pon

linkedin

Oana Ionescu

linkedintwitter

John Enevoldsen

linkedin

Matthias Kretschmann

githubtwitter

Ahmed Ali

linkedingithub

Aitor Argomaniz

github

Emily Hirschberg

linkedintwitter

Sheridan Johns

linkedin
See the entire team

Timothy Ley

linkedin

Masha McConaghy

linkedin

Kiran Karkera

linkedingithubtwitter

Fang Gong

linkedingithubtwitter

Troy McConaghy

twitter

Gautam Dhameja

linkedintwitter

Ricardo Garcia

linkedin

Chalid Mannaa

linkedin

Artur Gomer

linkedin

Sarah-Jean Vallon

linkedin

Daniel Lustig

linkedin

Malte Sielski

linkedintwitter

Patty Lee

linkedin

Alessandra Albano

linkedin

Chris Lee

linkedin

Irene Lopez De Vallejo

linkedintwitter

Paul Galwas

linkedin

Yvonn Ong

linkedin

Aishwarya Nari

linkedin

Kyriakos Zannikos

linkedin

Sami Jaaskelainen

linkedin

Advisors

Our advisors are a group of truly world-class and talented thinkers and doers who are bringing their capabilities and expertise to help launch a Data Economy around Ocean. All the advisors are leaders in their space and their experience spans the range of industries that need to grapple with the disruptive power of data, AI and blockchain.

From 2015 until now, Meltem has provided strong guidance on our fundraising and go-to-market strategies. As we moved from ascribe.io to BigchainDB and now to Ocean Protocol, her wisdom has been invaluable.More info

Meltem Demirors

Chief Strategy Officer at CoinShares, Head of CS Treasury

linkedintwitter

Carsten shares deep insights on IoT, energy and identity solutions that can integrate into Ocean Protocol, as well as giving us his futuristic viewpoints to help us see around the corner.More info

Dr. Carsten Stöcker

CEO Spherity & Interlinked Protocol

linkedintwitter

Sebastian gave us great insights in their Token Curation development such as the graded TCR. More importantly, many of their developments, research and insights are being widely shared in the open source community.More info

Prof. Dr. Sebastian Gajek

Co-founder & CTO Weeve

linkedintwitter

Adam is both, a world-class data scientist and a world-class manager of data scientists & engineers.More info

Adam Drake

CEO Atazzo

linkedintwitter

We are excited about Chris’ insight and guidance on how we can further the goals of MOBI by using Ocean Protocol as a secure, data exchange protocol for solving mobility challenges.More info

Chris Ballinger

CEO & Founder MOBI

linkedin

To be announced...

To be announced...

To be announced...

Ambassadors

The Ocean Protocol Ambassador Program is a grassroots project to involve our incredible community of thinkers, learners, and problem-solvers into the very core of our ecosystem. It is a chance for passionate individuals to be on the frontlines of the data revolution. We are excited to bring onboard motivated, curious, and interesting people based all around the world, who are passionate about decentralization, challenging the status quo, and equalizing access to data for all. There are a wide range of ways to get involved once you become an Ambassador, and plenty of great reasons to apply, including:

  • Be a part of the inner circle of Ocean
  • Direct impact on shaping our global community
  • Gain valuable new skills and experiences
  • Exclusive webinars and video calls with the Ocean team
  • Exclusive Telegram Group & chance to be featured on our blog
  • First to know about opportunities to earn Ocean tokens
  • Plenty of Ocean swag!

Learn more about Ocean Protocol