Now, big data technology is quietly transforming every enterprise backend on the planet. For example, in many places “data warehouses” of relational databases are getting replaced by “data lakes” running big data software. More than $100B annually is going towards big iron compute clusters, the software on top, and the services to keep it all running smoothly.
Blockchain technology could transform AI too, in its own particular ways. Some applications of blockchains to AI are mundane, like audit trails on AI models. Some appear almost unreasonable, like AI that can own itself — AI DAOs. All of them are opportunities. This article will explore these applications.
What we needed was a protocol and network, on which data marketplaces can be built. This is Ocean. Its network (running the Ocean protocol) handles storing of the metadata (i.e. who owns what), links to the data itself, and more. On top of Ocean there can be thousands of data marketplaces and exchanges, all accessing the same data. Each marketplace acts as the last mile in connecting buyers and sellers.