Data as an Asset: Transforming Ownership in the Digital Age l KBW2024

[Music] hello thank you very much everyone thank you for the warm welcome um I've been invited I'm avidan the Project Director of uh data ownership protocol today I would like to discuss the critical role that data plays in our evolving land Cape at dop our vision is clear we aim to enable true data ownerships for individuals and organizations first let's talk about the importance of data in today's world and how it FS our mission at dop we firmly believe that data is one of the most valuable assets we have at our time whether it relates to personal or organization all this information is very important companies across many industries from Finance to Medtech are constantly seeking and using data in this age data has truly become the most valuable assets we have let me introduce you the data ownership protocol do presented the centralized approach design to enable individuals and organization to control monetize and secure their own data within the blackchain blockchain ecosystem it use decentralized Technologies like blockchain smart contracts ZK proofs empowering data owners to manage access defined user rules and establish Ts for sharing their data when discussing data especially data ownership it's important to recognize some of the key challenges we we facing the crypto space let's talk a little bit about over transparency one significant challenge we face in blockchain is the excessive transparency that allow anyone to track every single transaction we are doing on the chain on chain tools like Explorer can monitor specific quality movement which which can lead to unwanted exposure of individuals ranging from everyday users to business at dop we are developing Dynamic encryption options that enable individuals to manage their data we are doing this on on the blockchain this unique feature calls selective transparency the select selective transparency featur sh allow us to choose with who we want to share our own chain data as you can see on the screen we have an example of what we have today on blockchain the first photo on above everyone with the cubes can see our transaction between our wallet address to businesses and with the selective transparency individual organization let's call it by name what address is doing a transaction choosing who can see it and avoid all the other echosystem on the blockchain from seeing it let's continue the next one is another challenge we have the the user experience we are trying all the time to improve the accessibility and usability of encryption tools and system for users many existing Solutions lack user friendl and also are not um wide widely applicable across various networks a dop we are committed to enhancing the user experience by providing a variety of encryption options while ensuring that our tools are both are both convenient and comprehensive this is why we continue to deploy our protocol on different networks we allow more and more tokens rc20 tokens and nft collection to enter our white list to avoid problem that can be happen on a protocol like that I want to announce here that this morning we finished to deploy the dop protocol on another layer on another blockchain the ex layer that managed by okx group it's another it's a big and another achievement we made the last thing I want to talk about the key challenges is the regulation compliance perhaps one of the most significant challenges in the crypto industry is Regulatory Compliance some protocols internationally hide traces creating risk for the industry all at dop we have created security and compliance lay layers that make it harder for such practices through monitoring provided by CH analysis in our font we're preventing compromised wallet from connecting to our to our platform however we believe that we need to improve our protocol every day and this is essential to go beyond this initial layer of protection we are ready also to announce and release the new compliance layer that ensure that every encryption attempt under goes an additional approval process using the technology provided by exate which this two collaboration we identify onchain and offchain uh isolate activities when CH analysis is doing it with the data they have offchain and exate monitoring wallet address offchain H onchain sorry this is making dop one of the most regulated and compliance protocols available so far we have made significant Pro progresses in addressing these challenges we have developed effective strategies that not only enhance security but also align with the regularity Frameworks while safeguarding you user data our main goal looking ahead on the future of dop let's explore some exciting Aras for dop we plan to integrate real world assets into our framework allowing data to be recognized as a valuable Assets in today driven economy business and individual generate vast amount amount of data yet often it's large corporation that benefit financially while data owners see little rewards big organization are using our data from our using an on application Etc and we didn't get any reward about that we want to change it we want to allow individuals to upload their own data to manage their own data to monetize it and to use it as rwa with dop individuals can decide how their data is used we want it to be like that they we want them to earn from that for example users can choose to sell or List their data to companies or researchers for academic propose or for developing technology propose all of this will be paid by dop token to use all of this technology and development we will create a data marketplace where users can upload various type of data Medical Data financial data personal images everything that can be called data and you want to monetize it we category will cut it and will label it and give the other parties to use it for their proposed can be analytics tools that we will develop on the platform can be AI models that can be built on the platform and other features that we are identifying for the developers and and analyzing to do it at dop we are committing to ensuring that user receive fair compation for their data opening new Revenue challenge for both individuals and organization by empowering users to monetize their data safely and controlled we are transfering it from a typically undervalue assets into tangible economy community in conclusion dop is not just a protocol it's a movement towards true data ownership this is what we're are trying to do this is our goal let us shape the future of data in the blockchain ecosystem ensuring that everyone has Agency for their own information and data thank you very much for your attention and I look forward to connecting you with you in the KBW [Applause]