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Computable Labs

Computable Labs

Company developing a decentralized market protocol for data ownership in blockchain applications

Computable Labs is a San-Francisco based technology company developing a decentralized market protocol for data in artificial intelligence applications. The company is building upon the Ethereum blockchain and artificial intelligence to provide records of ownership and control the access of data. The company aims to provide users universal control of their data flow with smart contracts verifiable with unique digital signatures. When combined with regulatory data privacy standards like CCPA and GDPR, this powerfully makes data ownership enforceable.

Product

Computable Labs is developing a set of protocols that govern the right of data to their owners using the blockchain technology. The company claims that the absence of an open and transparent market for data leads directly to negligence and misappropriation by the powerful. The protocol, Computable Labs is working on allows ubiquitous ownership of the data in a transparent, decentralized market.

The application developers can build upon the protocol to implement data affinity. The data shared through these applications will have a provable relationship with the owner, thereby allowing users to track the use of their data, permissions, and usage of data by another party. Users and companies can pool their data, then choose to sell their data in a marketplace. The company published its Whitepaper on Jun 10, 2019. 

Computable Labs is exploring a new method of obtaining tokens called Proof of Purchase (PoP), wherein, a reward is provided to the purchaser of data verified by the blockchain. The protocol will implement market sizes in which broader markets will carry more weight for their purchase to prevent fraudulent users from exploiting the system.

Product

Roger Chen, Bharath Ramsundar, and Alok Vasudev founded the company in 2017 and is headquartered in San-Francisco, California. Lux Capital backed the company in its 2018 cohort.



Timeline

People

Name
Role
LinkedIn

Alok Vasudev

Co-Founder and Director



Bharath Ramsundar

Co-Founder and CTO



Caroline Sofiatti

Data & Machine Learning



Fattaneh Bayatbabolghani

Research Fellow



Reid Williams

Product



Rob Robbins

Senior Engineer



Roger Chen

Co-Founder and CEO



Further reading

Title
Author
Link
Type
Date

Computable Labs | Lux Capital



Web



Documentaries, videos and podcasts

Title
Date
Link

Computable Whitepaper

June 10, 2019

Companies

Company
CEO
Location
Products/Services









References