peaq strategic partnership with OceanProtocol, the Web3 platform to unlock data services for AI and business innovation. Through the partnership, peaq links the economy of machine-generated goods and services with Ocean Protocol’s data marketplace and delivers a robust data monetization toolkit for builders creating decentralized applications on the peaq network.

Partnership

The partnership follows the collaboration between the two organizations at the Mobile Open Blockchain Initiative (MOBI) and the Gaia-X 4 Future Mobility moveID project, both of which are focused on building the Web3 infrastructure for the future of mobility. Early efforts in the partnership will focus on delivering moveID-focused applications.

peaq’s Self-Sovereign Machine Identities

This involves leveraging peaq’s Self-Sovereign Machine Identities (SSMIs) and Ocean’s data monetization technology to power a vast array of mobility-related opportunities such as the monetization of road condition data. This will be ensured by integrating essential components of Ocean’s technology like Compute-to-Data and data-pricing mechanisms to build a system architecture that ensures a seamless exchange of information between providers and customers of mobility applications. peaq’s Minimal Viable Gaia-X portal, which enables users to publish and monetize their data in the peaq network leveraging Ocean’s technological stack, is already up and running via the partnership with deltaDAO AG.

About Ocean Protocol

Ocean Protocol a decentralized data exchange platform spearheading the movement to unlock a new Data Economy, break down data silos, and open access to quality data. Ocean’s intuitive marketplace technology allows data to be publish, discover, and consume in a secure, privacy-preserving manner. By giving power back to data owners, Ocean resolves the tradeoff between using private data and its public exposure.

Website | Twitter |

About Peaq

Peaq the Web3 network powering the Economy of Things. Peaq enables people to build decentralized applications (dApps) for vehicles, robots and devices. While empowering dApp builders and dApp users to govern & earn from machines providing goods & services to people & other machines.

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Ocean Protocol, the Web3 platform to unlock data services for AI and business innovation, announces the launch of ideation bounties in a joint initiative with its long-term partner Dimitra, a company guided by the mission to deliver AgTech globally to farmers. The competition is dividing into two phases and has a total prize pool of $15,000 USD payable in OCEAN + DMTR tokens.

Smallholder farmers can play a huge role in solving the world food shortage, improving food safety and addressing food security issues. The partnership between Dimitra’s agricultural software and Ocean’s Web3 data sharing and monetization capabilities. It is focusing on driving the next generation of agricultural solutions using data. As part of this vision, 100 million smallholder farmers will be empowered to maximize yields and mitigate operational losses by 2024 through open access to relevant, valuable data-driven information.

The Ocean Protocol-Dimitra bounty seeks to expedite this vision by encouraging data scientists around the globe to share valuable ideas on how particular agricultural datasets on the Ocean Market can be utilized to maximize yields and quality while minimizing risks for farmers. This competition builds on Ocean’s vision to spearhead the shift into a New Data Economy through the Ocean Data Bounty program by incentivising data-driven insights and the building of algorithms to solve complex business challenges. Dimitra is the first partner in this initiative.

About Ocean Protocol

Ocean Protocol is a decentralized data exchange platform. It’s spearheading the movement to unlock a New Data Economy, break down data silos, and open access to quality data. Ocean’s intuitive marketplace technology allows data to published, and consumed. Ocean resolves the tradeoff between using private data and the risks of exposing it.

Website | Twitter

About Dimitra

Dimitra’s mission is to place technology in the hands of millions of small farmers around the world. Dimitra aims to enhance productivity and therefore the lives of farmers, improve food safety, and enable greater food security globally.

In 2021 it has set itself two additional objectives. One is to advance AgTech innovation and the other is to secure operational grants. For developing countries around the world to enable participation in the Dimitra ecosystem.

Website | Twitter

SOURCE:

https://oceanprotocol.com/press/2022-07-13-ocean-protocol-dimitra-data-bounty

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