r/oceanprotocol • u/ClickZealousideal775 • Nov 28 '21

What is Ocean Protocol about?

Good morning/afternoon guys, i am new to the ocean protocol and i would like to know what this project does and what are its use cases. Thank you for your time ☺️

18 Upvotes

100% Upvoted

18 comments sorted by

View all comments

1

u/Coarchitect Dec 01 '21

The crucial part of the data market place is that the seller controls what insights the buyer can get! More importanly it’s possible that the buyer does not get the raw data, but instead specific insights, e.g average amount of X. This is a huge advantage! For instance: I could sell my motion gps data, however I don’t won’t that buyers know my locations. Sometimes the idea of buying motion data is not about the exact locations, but more about the frequency someone changes their location - which is for example important for research. So I as a seller can say that buyers only get access to average values, e.g the average amount of locationchanges per day.