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Ocean Protocol is an open-source framework aimed at simplifying how data can be shared and monetized by both organizations and individuals. The protocol achieves this through the creation of 'datatokens,' which represent ownership of particular datasets and are stored on the blockchain. This innovative approach allows data owners to manage their information securely while enabling consumers to access and utilize datasets fully.
The underlying mission of Ocean Protocol is to unlock data for more equitable outcomes. By applying a thoughtful combination of technology and governance, the project seeks to establish an ecosystem where data can be shared under fair terms, benefiting all parties involved.