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Ocean Protocol

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Serving customers since
2017

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HQ Location:
Singapore, SG

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What is Ocean Protocol?

Ocean Protocol is a decentralized data exchange protocol designed to unlock the value of data by facilitating the controlled sharing and monetization of data and data-based services. Ocean helps developers build marketplaces and other apps to privately and securely publish, exchange, and consume data. The platform uses blockchain technology to ensure transparency, traceability, and trust in the data exchange process, empowering industries to develop new business models around the sharing of data without compromising on privacy.Ocean's ecosystem includes data providers, consumers, and data marketplaces, interconnected through Ocean's secure blockchain-based network. It leverages tokens to incentivize data sharing, ensuring that data providers are compensated for their contributions. This approach aims to foster the growth of a global data economy that is open, free from silos, and more equitable for users everywhere.

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Year Founded
2017