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Ocean (blockchain)

Ocean (blockchain)

An ecosystem for sharing data and associated services. It provides a tokenized service layer that exposes data, storage, compute and algorithms for consumption with a set of deterministic proofs on availability and integrity that serve as verifiable service agreements.

Ocean Protocol is a decentralized data exchange protocol that aims to unlock data for artificial intelligence. The company is headquartered in Singapore, Singapore and was founded in 2017 by Bruce Pon, Christina Pon, Don Gossen, Chirdeep Singh, Trent McConaghy, Daryl Arnold, Dimitri De Jonghe, and John Enevoldsen. 



It intends to create decentralized data markets, and incentivize the creation of a global data commons by rewarding data providers, data curators, and data keepers. The Ocean Protocol network is powered by its own native cryptocurrency token called OCN.



Funding

Initial coin offering

On March 9, 2018 Ocean Protocol held their initial coin offering (ICO) selling approximately $20 million worth of their platforms native cryptocurrency Ocean (OCN). During their ICO Ocean Protocol allocated 10% of their total supply of 1,410,000,000 of OCN. Notable participants of the ICO include: Zeroth, Synapse Capital, Outlier Ventures, Kosmos Capital, Fabric Ventures, and Julian Sarokin. 

Partners

The following companies are engaged in partnships with Ocean Protocol: BigchainDB, DEX, Interplanetary Database (IPDB), X Prize Foundation, and Mattereum. 



Ocean Protocol is a business, technical, and governance framework that allows data and services to be shared and sold. Ocean Protocol stores metadata, links to data, provides a licensing framework and has toolsets for pricing. Data marketplaces can hook into Ocean Protocol to provide "last mile" services to connect data providers and consumers. Ocean Protocol is designed so that data owners cannot be locked-in to any single marketplace.

Timeline

January 1, 2017

Founding of Ocean Protocol

In 2017 Bruce Pon, Christina Pon, Don Gossen, Chirdeep Singh, Trent McConaghy, Daryl Arnold, Dimitri De Jonghe, and John Enevoldsen founded Ocean Protocol.

Funding rounds

Funding round
Funding round amount (USD)
Funding type
Funding round date
Investment
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People

Name
Role
LinkedIn

Ahmed Ali

Software Engineer



Bruce Pon

Co-Founder



Chirdeep Singh

Co-Founder



Christina Pon

Co-Founder



Daryl Arnold

Co-Founder



Dimitri De Jonghe

Co-Founder & Head Researcher



Don Gossen

Co-Founder & Executive Director



John Enevoldsen

Co-Founder



Matthias Kretschmann

Lead UI Design & Development



Sheridan Johns

Community Engagement Manager



Trent McConaghy

Co-Founder



Further reading

Title
Author
Link
Type
Date

A decentralized data exchange protocol, powered by blockchain technology and a native token

Ocean Protocol Foundation Ltd





A Decentralized Data ExchangeProtocol to Unlock Data forArtificial Intelligence

Ocean Protocol Foundation Ltd





Ocean Protocol: A Decentralized Substrate for AI Data & Services Technical Whitepaper

Ocean Protocol Foundation Ltd





Documentaries, videos and podcasts

Title
Date
Link

Bruce Pon, Co-Founder - How will the Ocean token distribution work?

January 23, 2018

Don Gossen, Executive Director and Co-Founder - How Does Ocean Connect to Big Data

January 23, 2018

Fang Gong, Researcher - Bringing Privacy to Ocean Protocol

October 10, 2018

Companies

Company
CEO
Location
Products/Services









News

Title
Author
Date
Publisher
Description
Kathryn Joyce
February 18, 2020
Wired
In the Midwest, Christian entrepreneurs are searching for relief from the corrosive grind of company-building--while some faith leaders preach the gospel of crushing it.
December 28, 2019
NDTV.com
Even before the ocean caught fever and reached temperatures no one had ever seen, Australia's ancient giant kelp was cooked.
December 10, 2019
Geekologie
This is some security cam footage from a real estate agency in Ribeirão Preto, Brazil of three idiots trying to steal a wall mounted 75-inch television. But mostly just slipping and falling on all the broken glass they created...
Stephanie Mlot
December 9, 2019
Geek.com
The world's oceans--and their inhabitants--are being choked to death by climate change and nutrient pollution. Ocean oxygen loss, according to a new report by the International Union for Conservation of Nature (IUCN), is ...
Mariam Matti
December 7, 2019
CTVNews
Low oxygen levels in the world's oceans are threatening fish species and disrupting ecosystems, according to a new report.
Genevieve Scarano
November 11, 2019
Geek.com
A ship carrying a liquor shipment to the last Russian Czar never completed its journey. Now, 102 years later, the sunken vessel is finally showing off its boozy cargo to researchers. In May ...
Damian Carrington Environment editor
October 21, 2019
the Guardian
Researchers say humanity risks potential 'ecological collapse' with seas becoming more acidic, as they absorb carbon emissions from the burning of coal, oil and gas. Photograph: John Anderson/Getty Images/iStockphoto
Leah Crane
Invalid Date
New Scientist
Earth is the only planet that we know has life, but it might not be the best one - a thicker atmosphere and slower spin would make a world more conducive to sea life
Michelle Klampe
September 25, 2019
phys.org
Oregon has a new roadmap for addressing rising ocean acidification and hypoxia--two climate change-induced conditions that could have widespread consequences for the state's ocean ecosystem and the economy.
September 18, 2019
news.yahoo.com
Inaugurated at La Richardais on the west coast by Charles de Gaulle in 1966, the plant produces about 500 Gigawatt hours of electricity per year -- enough to power 250,000 out of France's 30 million-odd households. It remains the sole power station of its type in France and one of only two large-scale
June 11, 2019
WebWire
The initial glitter of blockchain may have taken a beating, but concrete steps are underway to turn its promise into tangible business applications. A keen mover of digital technologies in freight forwarding and logistics, Panalpina has narrowed the use cases for this industry and started a pilot to play the benefits of blockchain to make supply chains more efficient. Blockchain could well be the next blockbuster technology to truly optimize supply chains. A system where transactions ar...
December 5, 2018
WebWire
KONE Corporation, a global leader in the elevator and escalator industry, has won an order to provide advanced elevator solutions to Ocean, Meriton's first beachfront tower located at 84 The Esplanade, Surfers Paradise on Australia's Gold Coast., , , , Ocean is situated just north of the famous Cavill Avenue, a street and pedestrian mall in Surfers Paradise. It will rise to 75 stories and become the third tallest tower in the Gold Coast area. The tower will be home to both luxury residential a...

References