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Frequently Asked Questions About Ocean Technology
Have some questions about the Ocean Protocol tech stack?
The blockchain being public means that transaction information is transparent and can be viewed by anyone. However, your data isn't directly accessible to the public. Ocean Protocol employs various mechanisms, including encryption and access control, to safeguard your data. Access to the data is determined by the permissions you set, ensuring that only authorized users can retrieve and work with your data. So, while blockchain transactions are public, your data remains protected and accessible only to those with proper authorization.
Is there a trading platform or stock exchange that has successfully forked the Ocean marketplace codebase?
If a dataset consists of 100 individuals' private data, does this solution allow each individual to maintain sovereign control over their data while still enabling algorithms to compute as if it were one dataset?
Yes. Each individual could publish their dataset themselves, to get a data NFT. From the data NFT, they can mint datatokens which are to access the data. They have sovereign control over this, as hold the keys to the data NFTs and datatokens, and have great flexibility in how to give others access. For example, they could send a datatoken to a DAO for the DAO can manage. Or they could grant datatoken-minting permissions to the DAO. The DAO could use this to assemble a dataset across 100 individuals. Learn more about Data NFTs on the Docs.
Last modified 1mo ago