Ocean Protocol x Datarella Partnership
Ocean Protocol is joining forces with Datarella to expand the Open Data Economy.
Their first project will be under the umbrella of GAIA-X, the European Association for Data & Cloud, as part of the GAIA-X 4 Future Mobility Project, which aims at bringing cloud applications to autonomous & networked vehicles.
The project’s overall goal will be the creation of a decentralized ecosystem of data & services that allows autonomous & networked vehicles to integrate into smart infrastructures and third-party services, following GAIA-X’s design principles. With mutual trust as its core concept, its stated goal will be achieving data sovereignty.
Our deep belief is for data to be treated as an asset. By tapping into underutilized data from mobility IoT sensors, AI can uncover mobility patterns and optimize services / reduce waste. Machines can speak to each other and algorithms can make optimizations — all in real-time. Ocean can tokenize mobility data from devices, thereby creating an opportunity for these tokens to be used as instruments in DeFi projects. This is one of the many ways in which we enable data owners to share in the value their data creates.
Razvan Olteanu, COO of Ocean Protocol
Different market actors will price data differently, depending on the method of data generation, data quality, and its utility to the potential buyer. Ocean Market allows for dynamic pricing and thus for optimal value generation for data generators and data curators, in a privacy-preserving manner.
About Ocean Protocol
Ocean Protocol’s mission is to kickstart a Web3 Data Economy that reaches the world, giving power back to data owners and enabling people to capture value from data to better our world.
Data is a new asset class; Ocean Protocol unlocks its value. Data owners and consumers use the Ocean Market app to publish, discover, and consume data assets in a secure, privacy-preserving fashion.
Ocean datatokens turn data into data assets. This enables data wallets, data exchanges, and data co-ops by leveraging crypto wallets, exchanges, and other DeFi tools. Projects use Ocean libraries and OCEAN in their own apps to help drive the Web3 Data Economy.
About Datarella
Datarella GmbH is an established provider of Enterprise Blockchain Solutions. The company was founded in 2013 with its headquarter in Munich. With its teams in Munich, Gdansk (Poland), and Skopje (North Macedonia), Datarella develops bespoke blockchain-based innovations for their partners and clients, s.a. United Nations, World Food Programme, UKAid, ESA, Siemens, BMW, BOSCH, and Airbus. The company offers a full range of consulting, development, and implementation services for large-scale blockchain solutions.
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