Ocean Protocol OCEAN to Quantstamp QSP Exchange

Crypto Pair Details: OCEAN to QSP

Ocean Protocol OCEAN

Ocean Protocol is an ecosystem for sharing data and associated services. It provides a tokenized service layer that exposes data, storage, compute and algorithms for consumption with a set of deterministic proofs on availability and integrity that serve as verifiable service agreements. There is staking on services to signal quality, reputation and ward against Sybil Attacks. Ocean helps to unlock data, particularly for AI. It is designed for scale and uses blockchain technology that allows data to be shared and sold in a safe, secure and transparent manner. The Ocean Protocol is an ecosystem composed of data assets and services, where assets are represented by data and algorithms, and services are represented by integration, processing and persistence mechanisms. Ocean Protocol facilitates discovery by storing and promoting metadata, linking assets and services, and provides a licensing framework that has toolsets for pricing. A multitude of data marketplaces can hook into Ocean Protocol to provide “last mile” services to connect data providers and consumers. Ocean Protocol is designed so that data owners cannot be locked-in to any single marketplace. The data owner controls each dataset.

Quantstamp QSP

Quantstamp is a security-auditing protocol for smart contracts. As a apps platform, Ethereum has proven its security time and again. However, apps and smart contracts on top of Ethereum may still have bugs in which malicious players can cause havoc on the network. The two most notable examples of these being the $55 million DAO hack and the $30 million Parity wallet bug. These issues not only affect the people who’ve had their funds stolen, but they also diminish the credibility of the entire ecosystem. Quantstamp is making smart contracts more secure through automated software testing and a system of bug bounties. Although starting with Ethereum, the team is building the protocol to be available on any DApp platform in the long run.In an industry where security is a primary concern and bugs have caused the theft of millions of dollars, Quantstamp should help to legitimize blockchain projects and ensure that large-scale smart contract hacks are a thing of the past. Quantstamp held a successful ICO in November 2017 in which the team raised a little over $30 million dollars. They distributed 650 million (65%) QSP out of the 1 billion total supply to ICO participants at a price of $0.072 per token. After the usual post-ICO volatility, the QSP price stabilized at around $0.10 (~0.000005 BTC) through the end of November. The price followed the trend of the altcoin market and rose rapidly to an all-time high of $0.82 (~0.000051 BTC) before slowly falling to its current price of ~$0.286. The QSP price weathered the beginning of the year market downfall better than most other altcoins.

SOURCE: COINGECKO

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