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What is Ocean Protocol?

Ocean Protocol is an open source protocol designed to share and trade data in a secure, transparent and private way. The protocol uses blockchain to create a decentralized marketplace where data owners and buyers can meet and do business.

The Ocean Protocol allows data owners to publish their data in the form of data tokens. Data tokens are ERC-20 tokens that provide access to specific data sets or data services. Data buyers can then buy these data tokens to access the data.

Ocean Protocol offers significant advantages over traditional methods of data exchange. The system is fully decentralized, meaning there is no reliance on central intermediaries such as databases or cloud providers. This gives data owners more control over their own data. Moreover, all transactions on Ocean Protocol are public and traceable, assuring data buyers of the quality and origin of the data. In addition, the data is superbly protected from unauthorized access thanks to a series of strong security measures.

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Who are the founders of Ocean Protocol?

The founders of Ocean Protocol are Bruce Pon and Ming Zhao. Pon is an entrepreneur and investor focused on blockchain technology. Zhao is a data scientist and entrepreneur.

Pon and Zhao founded Ocean Protocol in 2017 with the goal of democratizing data and making it accessible to everyone. They were frustrated with the current way data is shared and traded, which they believe is too centralized and not transparent or secure.

Ocean Protocol is still under development, but has the potential to change the way data is shared and traded. The protocol already has the backing of a number of large companies, including IBM, Amazon Web Services and Microsoft.

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Over 500,000 Europeans are part of the Anycoin platform. In addition, Anycoin Direct is the best rated crypto broker in Europe. 

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Why buy Ocean Protocol with Anycoin?

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The Vault is a safe alternative to the traditional crypto wallet for those who want to buy, sell and swap their coins on Anycoin Direct. Within the Vault you can store all your digital assets and swap them against one another. Still want to send crypto to an external wallet like your Ledger? No problem, the Vault is an additional feature. The choice is yours. 

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Balances in the Anycoin Vault, are kept in a foundation. This foundation has only one purpose, to preserve our customer funds. This construction ensures that customers are entitled to compensation in the unlikely event of Anycoin Direct's bankruptcy. In addition, we want to reiterate that we always want to give customers a choice between using the Anycoin Vault and sending coins to an external wallet.

Additional information on Ocean Protocol (OCEAN)

How can I store Ocean Protocol?

The safest way to store Ocean Protocol is with a hardware wallet. However, if you are new to the world of crypto and want us to manage things for you, the Anycoin Vault is the easiest option for you. With Anycoin Direct, you don't have to worry: store Ocean Protocol securely in our Anycoin Vault.

Can I buy Ocean Protocol with iDEAL?

Yes, you can buy Ocean Protocol with iDEAL at Anycoin Direct. You can also pay with Paypal, SEPA, Sofort, VISA, Mastercard and EPS.

Do you need to buy a whole Ocean Protocol?

You don’t need to buy whole cryptocurrencies to trade them. You can buy small parts of any cryptocurrency. For example, on Anycoin Direct, the minimum purchase amount is €10.

Is it safe to buy Ocean Protocol?

Yes, buying Ocean Protocol is safe with Anycoin Direct as we have advanced security techniques and are officially licensed by The Dutch Central Bank. Buy Ocean Protocol safely with us with a wide range of payment options.

Is Ocean Protocol legal in the UK?

Yes, Ocean Protocol is legal in England. You don't have to worry about the legality of buying Ocean Protocol.

Do I have to pay taxes on my cryptos?

Depending on the amount of cryptocurrencies you own and the country you live in, the rules for this are different. Always make sure to get information from your personal government authorities.

Can I buy Ocean Protocol anonymously at Anycoin Direct?

No, identification is mandatory for all our clients. We are required to conduct a thorough client due diligence. This is done using the Know Your Customer principle.

Can I do a business transaction with Anycoin Direct?

Yes, it is possible to make a business transaction through Anycoin Direct. While creating an account, you can choose a business account.

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