Ocean Protocol OCEAN to Amoveo VEO Exchange

Crypto Pair Details: OCEAN to VEO

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.

Amoveo VEO

Amoveo (VEO) is a highly scalable proof-of-work blockchain driven by its community and aimed for prediction markets, investment and insurance contracts, and various derivatives, such as stable coins. Amoveo is a blockchain meant for enforcement of investment and insurance contracts. Amoveo contracts are enforced using state-channels. This means fees are low, contracts are nearly instant and can support a global audience. Amoveo has oracle technology. Amoveo can learn facts about our world and enforce the outcome of contracts that are governed by these facts. This, for example, enables you to bet on the price of Amazon shares. The variables that define how to participate in Amoveo can be modified by the Amoveo community using a built-in process. This way Amoveo will always stay optimally tuned to produce the best results.

SOURCE: COINGECKO

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