/biz/ - Business & Finance

Major automotive companies are starting to recognize the potential of Ocean Protocol and now want a part of the blockchain-based data exchange protocol which will allow:

- Data monetisation
- Industry-wide analytics without sharing sensitive data with competitor organizations
- Pre-approval of #AI algorithms to access data sets
- Supply Chain streamlining
- EV Mobility Platforms
- Accelerated Autonomous Vehicle Development in the catch up game to Tesla & Waymo

IBM also went full shill mode on Ocean Protocol, recognizing the power of Data Marketplaces, Compute2Data (data stays on premise) and, in the near future (late q3), the launch of Data Tokens (will get into that later)

Everyone wants a piece of Ocean Protocol it seems, even some of the biggest banks and insurance companies in the world

Former Head Data & Integration @CreditSuisse, former Conversational AI @MorganStanley, current Senior Leader/ AI at @WellsFargo, Georg Huettenegger, shilling $Ocean Protocol

And it doesn't end here. Peter Schellinck, Senior Industrial Advisor at @EBRD
(European Bank for Reconstruction and Development), is also fond of $Ocean Protocol's solution.

Then you have Anthem Insurance ($92b revenue) members being interested in Ocean and also Munich Re + many others.

And not only the industries mentioned above recognize the disruptive potential of $Ocean Protocol's decentralized data exchange, but also Accenture (30 shares),
Deloitte, Deutsche Telekom, Oracle, Capgemini, PwC, Infosys along with many other leading companies across the globe

More were added in this screenshot. Ocean Protocol is attacking all verticals in Data and Finance. In the next post I will show you the importance of Ocean Protocol in DeFi

Now, let's head over to DeFi-ready Data Tokens.

Data Tokens + Staking are coming this quarter and will launch Ocean into the DeFi space


https://blog.oceanprotocol.com/data-tokens-1-data-custody-1d0d5ae66d0c (Data Tokens 1: Data Custody. Data access control, meet crypto wallets & data DAOs)
https://blog.oceanprotocol.com/data-tokens-2-fungible-composable-54b6e0d28293 (Data Tokens 2: From Non-Fungible to Fungible and Composable Data Tokens. Unlocking the Data Economy with applications in data baskets, limited-edition datasets, priced compute pipelines, and more.)
https://blog.oceanprotocol.com/data-tokens-3-data-and-decentralized-finance-data-defi-d5c9a6e578b7 (Data Tokens 3: Data and Decentralized Finance (Data * DeFi).
Data as Collateral. Data DEXes, Data Loans, Data Stablecoins, and Data Tokens in Financial Supply Chains.)

TLl;DR - Ocean Protocol's Q3 release will provide the technology for entities to create their own DeFi-ready Data Tokens. With the release of Data Tokens, they will be able not only to buy/sell data or use Compute2Data (data stays on-premise) with Ocean, but also to create their own data tokens for tokenized access control and more.

Examples: Tokenization of insurance contracts, tokenization of real estate, tokenization of subscription models, granular access control with Data Tokens etc

In insurance, for example, you can tokenize your Apple Health app data and give your insurance provider a data token to access that data to give you a lower insurance rate. There are countless of examples, but more can be found in the blog posts.

Token not needed, Donnie

>>20597006

GET REKT SON

And btw, I'm V, not Donnie. Get fucked, rekt Quant holder.

>>20597006

Talking about getting Blown The Fuck Out LOL. What's your response now ?

I almost forgot about BMW shilling Ocean Protocol back in April at a conference
https://www.youtube.com/watch?v=ea5XEzKSRjY&feature=youtu.be&t=1356

"great company by the way, we do a couple of projects with them back in Munich, in Berlin...exciting stuff"

We are heading straight to $1B+ market cap and you can't do anything about it. It's unFUDable

So every bit of data bought requires ocean ?

What's the catch?

Under my radar. OCEAN got beautiful partnerships and the roadmap is gorgeous, I got to say.

>>20597316

Nice one ;)

2.5 quintillion bytes of data is being created every day and Ocean Protocol is going to create a marketplace for all of it.

$ocean might be the next x1000 we were looking for with all of those partners.

Fuck it I hope you frens are right. My eth just arrived at kucoin

You won't regret it. Thank me later. Better invest when nobody talks about it, right now is the time while there are still NDAs

Data scientists from Telefonica ($50b revenue), EYnews (Ernst@Young $36b revenue), Schibsted Group, ($1.6b revenue), BearingPoint ($0.7b revenue) join forces to build a blockchain data marketplace powered by $Ocean Protocol.

And then we will have staking and DATA TOKENS for Q3 which will give birth to the IDO - Initial Data Offering boom.

This thing will go bananas...

pump and dump
no volume
will dump hard