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Ocean Protocol’s Compute-to-Data is almost here!
This will change the world & is huge for the infrastructure & future of $Ocean
Don’t miss this thread!
This will change the world & is huge for the infrastructure & future of $Ocean
Don’t miss this thread!
1/ Private data is the most valuable data resource but is often locked up.
What is Private data?
Personal, Medical, Financial, Lifestyle, etc. but nobody wants to give it away, why?
Private data often contains private information which organizations could be held liable for.
What is Private data?
Personal, Medical, Financial, Lifestyle, etc. but nobody wants to give it away, why?
Private data often contains private information which organizations could be held liable for.
2/ Many businesses don’t use their data because of the legal issues it presents.
C2D would be tackling this issue by keeping the data secure, private & on premise during the whole process. https://twitter.com/evotegra/status/1387289158415171585
C2D would be tackling this issue by keeping the data secure, private & on premise during the whole process. https://twitter.com/evotegra/status/1387289158415171585
3/ How can we unlock private data?
Instead of an organization selling the rights to the data, they would sell the right to allow AI to run algorithms on the data, without the data ever leaving their control & while preserving privacy.
AI would be the only one to see this data.
Instead of an organization selling the rights to the data, they would sell the right to allow AI to run algorithms on the data, without the data ever leaving their control & while preserving privacy.
AI would be the only one to see this data.
4/ This is what Ocean Protocol’s Compute-to-Data will do. Here’s how the $Ocean Team describes it..
Source: https://blog.oceanprotocol.com/ocean-protocol-launches-compute-to-data-efb89990ce1
Source: https://blog.oceanprotocol.com/ocean-protocol-launches-compute-to-data-efb89990ce1
5/ Don’t know what Ocean Protocol is?
$Ocean is a decentralized data sharing marketplace where businesses, governments, organizations, people & AI can unlock the power of data to innovate & better the world.
$Ocean is a decentralized data sharing marketplace where businesses, governments, organizations, people & AI can unlock the power of data to innovate & better the world.
6/ C2D will be huge for innovation.
Sharing data will allow for major advancements in mobility, health care, science, research & many other industries.
Organizations are ready for it too. Any one of OP’s partners may be the first to take advantage of this tech.
Sharing data will allow for major advancements in mobility, health care, science, research & many other industries.
Organizations are ready for it too. Any one of OP’s partners may be the first to take advantage of this tech.
7/ How would C2D affect vehicles?
Using C2D would allow development & perfection of truly autonomous self driving vehicles which are not driver assisted.
AI would be able to view, learn & react off of large real time data pools collected by vehicles.
Using C2D would allow development & perfection of truly autonomous self driving vehicles which are not driver assisted.
AI would be able to view, learn & react off of large real time data pools collected by vehicles.
8/ This feature is what automotive companies need.
The businesses would still be the owner & have control of the data, but AI would be able to use the data to communicate while operating, thus allowing fully autonomous self driving vehicles which are safer and more reliable.
The businesses would still be the owner & have control of the data, but AI would be able to use the data to communicate while operating, thus allowing fully autonomous self driving vehicles which are safer and more reliable.
9/ What innovations could we see in the health care industry?
Imagine hospitals around the world allowing AI to run algorithms on their data while maintaining privacy and never losing control of that data.
What would this do?
Imagine hospitals around the world allowing AI to run algorithms on their data while maintaining privacy and never losing control of that data.
What would this do?
10/ More Data = More Opportunities
Health care would become more affordable and accessible.
It would stimulate medical technology advancements.
Predicative health care analytics could become possible (knowing when something will happen).
All because of $Ocean & C2D
Health care would become more affordable and accessible.
It would stimulate medical technology advancements.
Predicative health care analytics could become possible (knowing when something will happen).
All because of $Ocean & C2D
11/ There’s a lot of potential with health care and data. Health care data doubles every 73 days!
Imagine the possibilities if this data was actually used.
Source: https://blog.oceanprotocol.com/roche-diagnostics-and-ocean-protocol-partner-to-improve-care-for-heart-disease-patients-through-71cf3e678dc
Imagine the possibilities if this data was actually used.
Source: https://blog.oceanprotocol.com/roche-diagnostics-and-ocean-protocol-partner-to-improve-care-for-heart-disease-patients-through-71cf3e678dc
12/ Since you understand the possibilities for C2D & health care, we can only imagine what this will do for science & research.
I expect these fields to receive a lot of benefits from C2D.
I expect these fields to receive a lot of benefits from C2D.
13/ This technology may sound like a crazy idea to you, but it doesn’t to Ocean’s partners.
This includes the European Union, MOBI & an associate seat on the United Nations.
The reasons to use this technology far outweigh the reasons not to and $Ocean has a lot of support. https://twitter.com/thecryptonarwal/status/1372896065029083138
This includes the European Union, MOBI & an associate seat on the United Nations.
The reasons to use this technology far outweigh the reasons not to and $Ocean has a lot of support. https://twitter.com/thecryptonarwal/status/1372896065029083138
14/ What’s the incentive for businesses to use C2D?
Holding data is a cost for many businesses. Monetizing this data would turn a cost center into a profit center, all while preserving privacy.
Businesses would still own the data, the only ones accessing it would be AI.
Holding data is a cost for many businesses. Monetizing this data would turn a cost center into a profit center, all while preserving privacy.
Businesses would still own the data, the only ones accessing it would be AI.
15/ I’m sure you can see why C2D is huge for $Ocean in the long term.
C2D = Opportunity
I don’t think this will effect Ocean’s price short term, but it may carry some big announcements or partnerships.
I’m interested in seeing how C2D is adopted and used over time.
C2D = Opportunity
I don’t think this will effect Ocean’s price short term, but it may carry some big announcements or partnerships.
I’m interested in seeing how C2D is adopted and used over time.
16/ Compute to data will become available on the $Ocean marketplace within the next week.
This will further build Ocean’s infrastructure & allow more functionality within the Ocean Marketplace. Q1 has been exciting for Ocean holders.
Q2 looks just as promising!
This will further build Ocean’s infrastructure & allow more functionality within the Ocean Marketplace. Q1 has been exciting for Ocean holders.
Q2 looks just as promising!
17/ It’s very possible C2D starts to bring many new data sets to the $Ocean Marketplace.
If you’re interested in knowing more about how Ocean’s C2D works, check out this article. https://blog.oceanprotocol.com/v2-ocean-compute-to-data-guide-9a3491034b64
If you’re interested in knowing more about how Ocean’s C2D works, check out this article. https://blog.oceanprotocol.com/v2-ocean-compute-to-data-guide-9a3491034b64
-Nar
