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Ocean Protocol, marketplace and IPFS

Ocean Protocol enables marketplaces for data and AI services with smart contracts and a flexible permission system. Assets (datasets, algorithms) are published with metadata, policies, and pricing; file references can live on IPFS or private origins.

Key components

  • Tokens and transactions: each asset can be tokenized (ERC‑20) for governance and pricing; consumption is paid per on‑chain transaction.
  • Ocean Node: orchestrates publishing, permissions, Compute‑to‑Data and blockchain registration.
  • Distributed system: data stays where it is while compute moves to the data.
  • Ocean Enterprise: an analogous/derived market aligned with Gaia‑X to federate catalogs and monetization, interoperating with Verifiable Credentials.

Benefits

  • Transparent, auditable monetization.
  • Separation of public metadata and private data.
  • Compute‑to‑Data integration to protect data sovereignty.

Resources