Transcription of Ocean Protocol: A Decentralized Substrate for AI Data ...
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Ocean Protocol: A Decentralized Substrate for AI Data ...
Ocean protocol : Tools for the Web3 Data Economy Ocean protocol Founda on with BigchainDB GmbH 12 Technical Whitepaper, Version 2020-DEC-09 Abstract Ocean protocol is an on-ramp for data services into crypto ecosystems, using datatokens . Each datatoken is a fungible ERC20 token to access a given data service. Ocean smart contracts and libraries make it easy to publish data services (deploy and mint datatokens) and consume data services (spend datatokens). Ocean contracts run on Ethereum mainnet to start, with other deployments to follow. Ethereum composability enables crypto wallets as data wallets, crypto exchanges as data marketplaces, data DAOs as data co-ops, and more.
Ocean’s network is a new construction: a Curated Proofs Market. CPMs bridge predicted relevance with actual relevance of each AI service, by having curation markets for cryptographic proofs (e.g.
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