Ocean Protocol is an ecosystem for sharing data an
We produce moredata now than ever before. It's all aroundus growing exponentially from people,companies and devices.
Data can be usedto power innovation and lead to breakthroughs thatsave lives, reduce costs andimprove the quality of our environment.
But right now data is lockedup. It's a valuable resource that isn't beingused.
Every person generates a stream ofdata. The problem is we don't ownit. People give up their data for free and companiessell it.
We only realize this when we get spam mailor our data is hacked and our identity is stolen.This affects everyone.
Everyyear over 1 million lives are lost incar accidents and countless others are injured mostlybecause of human error.
Autonomous self drivingcars point to a future where more people can get homesafely to their families. If car companies could pooltheir self driving car data, we could rapidly improve theAI algorithms and have safe, autonomouscars on the road sooner.
Here the data isavailable but it isn't being shared.
Ourjourneyto solve these data sharing problems started with a simple idea. What if we could give everyone fullcontrol over their intellectual property?This was Acribe.io, a service to helpcreators claim attribution. But we faced scalingproblems and that led us to [inaudible]. A Big Datadatabase with blockchain characteristicswhich gives people the power to control andmanage their data.
I spent nearly 20 yearsdoing AI research. AI could drive Moore's law, AI for creativedesign and more.
Four years ago I shifted my focus to blockchaintechnology. With Big ChainDB and IPDB, the Interplanetary database.
A year ago I started asking howmight AI and blockchain intersect? The number of answerssurprised me.
All roads led to one place, a decentralizeddata exchange protocol to connect the datahalves with the AI halves.
[inaudible] is a data marketplace,enabling data sharing for the last 4 years. My experiencewith data marketplaces was that compliance andprivacy issues emerged as soon as companies,governments and citizens understand the power oftheir data and the risks associated with it.
The solution forme was in decentralizingdata to provide a framework of trust enablingcontrol, privacy, security,compliance and transparency.
That'sexactly what prompted me to reach out to Big Chain DB inBerlin.
It'sthe convergence of these two streams that led us to startOcean.
Providing peace of mind, control andsecurity to data providers whileallowing researchers to find and use the data they needand creating a thriving ecosystem of developers to build newmarketplaces and provide innovativeservices.
Ocean is a decentralized data exchange protocol.We took pieces from Ascribeto treat data like intellectual property that can be licensed andsold.
We took the privacy mechanismsfrom Bigchain DB to give users full control over theirdata. We took the models of governance and managing anetwork from IPDB.
And we took from DEX themarketplace framework.
The network and protocolwill be powered with a nativetoken just like bitcoin, ethereum and filecoin.
Theocean token is used as the means of exchange within thenetwork. Providers earn oceanwhen their data is sold. Consumers use oceanto buy data. Curators own ocean frommaintaining valuable public data.
Developers use oceanfor building the marketplaces that build communitiestogether. And keepers earn ocean for providing networkservices.
We want 1000 marketplace to blossom.How? A [inaudible] to power the data marketplaces.And along side that a global data commons.
Ocean is that [inaudible] .
We believe that everyone should be able to thrive in thedata economy by unlocking thetrillions in latent value and bringing to barethe power of data with AI, we can initiatechange that benefits all humankind.
That's why we are buildingthe Ocean Protocol.[music][music][music][music]
How much of your life isstored digitally? Your photos, yourfiles, your most intimate conversations.
It's all on ahard drive somewhere and it's probably easy toaccess by you but also by the cloud storagecompanies you trust.
Those companieshave a track record of handing over your data togovernments. Their first priority is to makeprofit for their shareholders, not your privacy.
Then there iscyber crime. It is become a bigger business than the trade ofillicit drugs due to the enormous amount ofdata stored on cloud servers, they are a targetthat's hard for hackers to exist.
It's time to takesecurity and privacy back intoour own hands.
Maidsafeuses decentralization and encryptionto ensure that only you can access yourfiles. The Safe network is completelydistributed. There is no central point ofcontrol or weakness. The softwareconnects unused computing capacity to form aglobal network that can handle all data andcommunications.
It's not just aboutstorage, it allows you to safely run anyapp that exists today while paying you foryour contribution.
Here is how it works.You create an account withoutthe need to identify yourself anddecide how much space you want to dedicate to the network.
As the space is used,Safe coins are given as a reward. Safe coin hasa market value and can be freely tradedjust like bitcoin.
Before youupload a file, it is encrypted onyour computer. It is then fragmented into smallpieces and spread at random throughout thenetwork. Data is stored with redundancyand files are autonomously moved by thenetwork as connected computers are turned on andoff.
Only you have the credentials to make itavailable again.
Yourdata and your thoughts belong only toyou. You decide what to do with them,no one else.
MaidSafe -privacy, security and freedom foreveryone.
Private Encrypted Cloud Storage, Powered by Crypto
Opacityprovides encrypted filestorage that maintains your privacy by never asking forpersonal account information.
Manyonline file storage providers don't take adequatesteps to protect you and yourdata. They ask for personal data such as your name,address, email and credit card number which could beunknowably shared with 3rd parties, exposing youto unwanted advertising, malicious activity andidentity theft in the event of a databreach.
Unfortunately these data breaches areoccurring more and more everyday.
Opacity intends to change all ofthat.
Opacity believes your personal data should never beprovided in the first place,so you can't become a target for hackers and 3rd parties.
To accomplish this, Opacity has created aprivate account handle which is your private key thatonly you hold to unlock your data.
By combiningyour account handle with confidential paymentsthrough an ethereum blockchain tokencalled OPQ, both your payment and your personal informationstay anonymous and are never tied to youractivity with Opacity.
You are in completecontrol of your private data at alltimes.
By default, Opacity uses 256bit encryption as soon as you start toupload a file. Your in browser client encrypts,slices the files and sends them directlyto Opacity's servers making sure that your data is safe from start tofinish.
In addition to the accounthandle, each file is assigned a private filehandle which you can share with anyone in the world.
Only those people you want in the loop will be able to accessyour data. And that doesn't include advertisersand hackers.