GeoDB partners with Ocean Protocol to bring more decentralization & openness to the big data industry.

The Future of GeoDB and Ocean

GeoDB will use Ocean Protocol technology within its marketplace to add the necessary elements of automated data exchange deals, metadata management, and in the future — compute-to-data operations. At the same time, GeoDB will open the generated data to all the marketplaces built on Ocean Protocol, which brings value to GeoDB and the entire Ocean ecosystem, which now will have a strong use case of data generated from mobile devices.

The GeoDB Database in a Nutshell

GeoDB Tokens (GEO) are distributed to users when they upload their data to our database.

The GeoDB Data Exchange Ecosystem

In GeoDB, we aim to make all of this data available through the GeoDB marketplace. But more importantly, following our openness and connectivity strategy, GeoDB is now aimed to offer aggregated data through other data-sharing ecosystems. The possible data sources can be 3rd party marketplaces or blockchain oracles.

About GeoDB

GeoDB is a decentralized peer-to-peer big data-sharing ecosystem, which returns value to its creators, the users.

About Ocean Protocol

Ocean Protocol is a blockchain-based ecosystem that allows individuals and businesses to unlock the value of their data and monetize it through the use of ERC-20 based datatokens. Through Ocean Protocol, publishers can monetize their data while preserving privacy and control, whereas consumers can now access datasets previously unavailable or difficult to find. On Ocean Protocol, each data service is represented by a unique datatoken, which is used to wrap a dataset or compute-to-data service . This essentially allows third-parties to perform operations on the data without it ever leaving the secure enclave of the publisher.

Geo Data Block - The first Peer to Peer Data Sharing Ecosystem powered by Blockchain Technologies - Check our web: www.geodb.com

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