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About Ocean Protocol

Ocean Protocol is a decentralized data exchange protocol that lets people share and monetize data while guaranteeing control, auditability, transparency and compliance to all actors involved. The protocol provides the underlying technical foundation that data marketplaces need to connect data providers with data consumers in a trusted environment.

Ocean Protocol Headquarter Location

Mapletree Business City 20 Pasir Panjang Rd, East Wing #03-22/24



Latest Ocean Protocol News

Ocean Protocol (OCEAN) Devs Have Simplified How Multi-Network Works with a Unified Interface

Aug 2, 2021

The Ocean Protocol developers reported that they’ve simplified multi-network on Ocean with a unified interface. The team at Ocean Protocol noted that when they launched the Ocean Market as part of version 3.0, they had just moved onto ETH Mainnet from their own custom PoA Mainnet, so “all focus for the user interface went into working against that one production network.” As they introduced the Ocean Protocol contracts to other (block) chains to escape “rapidly rising transaction fees,” the main interface paradigm, “of basing the displayed metadata on the user’s connected network quickly became a pain to use.” That’s why the Ocean team sat down and figured out “the best patterns to solve these main pain points, focusing solely on the end-user perspective.” They’ve been focused on reducing friction “when following links to assets outside of ETH Mainnet.” They’ve also been working on the following: Retain the DID and existing URLs as the unique identifier for an asset, regardless of network Increase discoverability of assets outside of ETH Mainnet Increase discoverability of all networks Ocean Protocol is deployed to Encourage usage of networks beyond just ETH Mainnet Reduce the need to switch wallet networks as much as possible when browsing the market Any possible solution needs to scale easily as we continue deploying to more networks The Ocean team further noted that they “arrived at a solution tackling all this, where the main new paradigm is an interface showing assets mixed from multiple networks. All the time and on every screen where assets are listed.” This “detaches the metadata and financial data source from the user’s wallet network as it was before,” the Ocean Protocol developers explained. (Note: for more details on these updates, check here .) As covered in June 2021, OceanDAO, a distributed autonomous organization supporting the Ocean Protocol, revealed that the 7th round is now open for submissions. More than $200,000 was being offered for Data Science, Developer, and AI Research projects according to a release shared with Crowdfund Insider. As reported in May 2021, Bosch, Ocean Protocol represented by BigchainDB, and had all joined Catena-X, in order to bring their “collective expertise” in market, mechanism, and token-based incentive design Catena-X is described as an “agile” ecosystem with automotive industry stakeholders. All firms taking part in Catena-X are working cooperatively on concepts for creating an open, scalable network for secure, cross-company, and standardized information and data exchange in the automotive sector. As mentioned in a release shared with CI: “The aim is to create uniform data and information flows throughout the automotive value chain. The Cloud-based network is to be open to all companies in the European vehicle industry as well as their global partners, users, and equipment suppliers.” Sponsored Links by DQ Promote   You may also like...

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CB Insights Intelligence Analysts have mentioned Ocean Protocol in 1 CB Insights research brief, most recently on Mar 3, 2021.

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