Singapore, 15 June 2021 -– Ocean Protocol, the Singapore-based data exchange protocol, was selected among hundreds of candidates as one of the World Economic Forum’s Technology Pioneers. Ocean Protocol unlocks data sharing by giving people control, transparency, and the ability to monetize it by turning data into an asset.
The World Economic Forum’s Technology Pioneers are early to growth-stage companies from around the world that are involved in the use of new technologies and innovation poised to have a significant impact on business and society. With their selection as Technology Pioneer, Ocean Protocol will contribute to Forum initiatives over the next two years, working with global leaders to help address key industry and societal issues and Ocean Protocol founder, Bruce Pon, will be invited to participate in World Economic Forum activities, events, and discussions throughout the year.
“The designation from the World Economic Forum is acknowledgement that we are building promising, ground-breaking technology that is inclusive and helps to give people more control over their data,” said Ocean Protocol’s Bruce Pon.
Ocean Protocol is at the vanguard to unlock data responsibly and use technology to equalize opportunity for many. We look forward to contributing to the Forum dialogues.
Ocean Market lets people buy and share data while keeping full control at all times. Ocean recently released Compute-to-Data on Ocean Market, which allows AI researchers to access data, without exposing the data or allowing it to be copied.
“We’re excited to welcome Ocean Protocol to our 2021 cohort of Technology Pioneers,” says Susan Nesbitt, Head of the Global Innovators Community, World Economic Forum.
Ocean Protocol and its fellow pioneers are developing technologies that can help society solve some of its most pressing issues. We look forward to their contribution to the World Economic Forum in its commitment to improving the state of the world.
Technology Pioneers have been selected based on the community’s selection criteria, which includes innovation, impact and leadership, and the company’s relevance with the World Economic Forum’s Platforms.
The firms come from regions all around the world, extending their community far beyond Silicon Valley. This year’s cohort includes start-ups from 26 countries, with UAE, El Salvador, Ethiopia and Zimbabwe represented for the first time. The diversity of these companies extends to their innovations as well. 2021 Tech Pioneer firms are shaping the future by advancing technologies such as AI, IoT, robotics, biotechnology, and many more. The complete list of Technology Pioneers can be found here.
Past recipients of World Economic Forum Technology Pioneers include Airbnb, Google, Facebook, Kickstarter, Mozilla, Palantir Technologies, Spotify, TransferWise, and Twitter.
#About Ocean Protocol
Ocean Protocol’s mission is to kickstart a Data Economy that reaches the world, giving power back to data owners and enabling people to capture value from data.
Data is a new asset class; Ocean Protocol unlocks its value. Data owners and consumers use the Ocean Market to publish, discover, and consume data assets in a secure, privacy-preserving manner.
Projects use Ocean’s open source technology to build an ecosystem of tools and applications to help drive a new Data Economy. The native OCEAN token is used to stake on data, govern community funding, and buy & sell data. Its supply is disbursed over time to drive growth and long-term sustainability.
Ocean Protocol was named one of 2019’s Hottest Startups by Wired and featured in Harvard Business Review, MIT Technology Review, and Forbes.
#About World Economic Forum
The World Economic Forum, committed to improving the state of the world, is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business and other leaders of society to shape global, regional and industry agendas.
#About the Technology Pioneers
The World Economic Forum believes that innovation is critical to the future well-being of society and to driving economic growth. Launched in 2000, the Technology Pioneer community is composed of early to growth-stage companies from around the world that are involved in the design, development and deployment of new technologies and innovations, and are poised to have a significant impact on business and society.
The World Economic Forum provides the Technology Pioneers community with a platform to engage with the public- and private-sector leaders and to contribute new solutions to overcome the current crisis and build future resiliency.