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docs/content/concepts/terminology.md
2020-10-16 13:02:38 +02:00

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Terminology Terminology specific to Ocean Protocol.

Ocean Network

An Ocean network is any EVM-compatible network where Ocean smart contracts are deployed. These include:

Data Service, Data Asset, Datatoken

A data service may serve up a dataset or a compute service like Compute-to-Data. It's characterized by a url.

Each data asset is represented by an ERC20 datatoken.

You can access a data service if you send 1.0 datatokens to the Provider.

Data Publisher, Provider

A data publisher is someone who has data services that they want to sell. An example is an almond distributor with 30 years of data about almond sales.

A Provider is a service that mediates access to assets on behalf of data owners or data service providers.

Initially, most data publishers will also be Providers.

Data Consumer

A data consumer is someone who buys a data asset, then consumes it by interacting with the Provider.

Data Market

A data market is a service where publishers can list what assets they have, and consumers can see what's available then buy it.

Metadata

Metadata is information about the data asset. In Ocean, metadata is stored on-chain, but marketplaces may have a local cache for faster search.