AI practitioners and data scientists can access private data via remote execution of AI training algorithms against the data, with computation provided by the data owner. AI practitioners benefit from increased accuracy of their AI models, or perhaps even the ability to model things that were not previously possible. Data owners retain privacy and control of their data.
The blockchain-based system gives an audit trail on data being bought and sold. Compute-to-Data gives proof that algorithms are properly executed, so that AI practitioners can be confident in the results.
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Approval by Data Owner
On Trustworthiness of AI Algorithms
The AI practitioner visits an Ocean-powered data marketplace, proposes to purchase data, and submits an AI model-training algorithm.