109. How you can build powerful Web3 apps for the data economy

Published: July 20, 2020, 4 a.m.

Bruce Pon with Ocean Protocol joins us to discuss how you can build powerful Web3 apps for the data economy.

Bruce Pon is the Founder of BigchainDB and Ocean Protocol, blockchain startups focused on bringing data and AI together since 2013. Previously, Bruce co-founded Avantalion, a consulting firm that helped to build 20 banks around the globe for companies such as Mercedes-Benz, Volkswagen, Mitsubishi & Jaguar LandRover. He has an Advanced Executive Certificate from MITSloan, a B.Sc in Engineering from the University of Saskatchewan and has given guest lectures at Oxford, MIT Media Lab, Columbia University and the European School of Management & Technology. 

In addition to being in the 2020 full-length documentary Cryptopia, Bruce was featured in Oxford University and Saïd Business School’s online Blockchain course as a guest expert. 

Ocean Protocol is a decentralized data exchange protocol to unlock data for AI, launched in 2017. 

Through blockchain technology and the OCEAN token, Ocean Protocol connects data providers and consumers, allowing data to be shared while guaranteeing traceability, transparency, and trust for all stakeholders involved. It allows data owners to give value to and have control over their data assets without being locked-in to any single marketplace. By bringing together decentralized blockchain technology, a data sharing framework, and an ecosystem for data and related services, Ocean Protocol is committed to kick-starting a new Data Economy that touches every single person, company and device, giving power back to data owners, enabling people to reap value from data to better our world. 

In summer 2019, the production-ready mainnet Pacific Network was released, just four months after the delivery of the initial Nile beta network. Pacific Network features smart contract deployment on Ocean’s own Proof of Authority (PoA) network, ensuring a high-performance platform for data scientists. With the release of Pacific, Ocean Protocol is ready for the introduction of apps and integrations to facilitate the use of the protocol and grow the ecosystem. The next major product update is v2 compute-to-data, which allows AI models to be trained on-premise, ensuring security and privacy for the data owner and minimizes the need to have trust amongst the different parties. This V2 milestone is scheduled for Spring 2020. 

Visit oceanprotocol.com to find out more. 

View this episode on our website here.

*Disclaimer. None of this information is financial advice.

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