Ocean v3 Brings Wave of Data Monetization Tools to Ethereum
A third version of Ocean Protocol has been released, fleshing out its vision for “datatokens” and decentralized data marketplaces.
The privacy technology, called fully homomorphic encryption, keeps data hidden even when being processed.
The World Economic Forum wants to create guidelines for data storage and distribution, in hopes of making it easier for researchers and governments to make informed decisions.
The incident shows the variety of ways data can be used to hurt people, and raises questions about how and if certain data should be retained at all.
The platform is a step forward in practical uses for Homomorphic Encryption, letting multiple actors conduct analysis while keeping the data encrypted.
Telokanda, a collaboration between Telos and open-source weather tech company Kanda in West Africa hopes to engage local communities in collecting and sharing weather data on the Telos public blockchain.