OCEAN coin is the network token of Ocean Protocol, the English full name is Ocean Protocol, also called Ocean Coin. Issued on May 7, 2019, OCEAN coins are used as a value exchange method on the Ocean Protocol network. Users can earn OCEAN coins by providing data, and OCEAN coins can be used to provide network services and manage data.
The Ocean Protocol is a decentralized data exchange protocol designed to unlock data and provide more fair results for data users. The Ocean Protocol allows data providers to interact with data consumers through a decentralized data market, while ensuring the control, auditability, transparency and compliance of all participants. OCEAN currency is used as a value exchange method on the ocean protocol network to enhance the protocol and incentivize network nodes. Users can earn OCEAN coins by providing data as a market. OCEAN coins can be used to provide network services and manage data.
Ocean Protocol is an ecosystem of data ecology and related services. It provides a tokenized service layer to provide data, storage, calculations and algorithms for a fee. The service is performed under a verified service agreement. The service guarantees quality, reputation and prevents attacks through pledges. Ocean helps provide data, especially for AI use. Because it uses blockchain technology, it is guaranteed that data can be shared and sold under safe and transparent conditions. Through blockchain technology and tokenization, Ocean Protocol connects data providers and users so that data can be shared while ensuring traceability, transparency and credibility. Ocean Protocol allows data owners to control their data and helps them protect their data from being stolen.