Dock

Dock DOCK

$0.0170
Market Cap $ 10.450 MM (#457)
24h Volume $ 27.264 MM
Chg. 24h: -4.75%
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Dock project purpose and description

Dock clarity of purpose

Dock purpose and aspects

dock.io is a decentralized data exchange protocol that lets people connect their profiles, reputations and experiences across the web with privacy and security.

Dock categories

Short description

dock.io is a decentralized data exchange protocol that lets people connect their profiles, reputations and experiences across the web with privacy and security.

Abstract

In recent years centralized platforms have revolutionized the way individuals find jobs and employment, build up a reputation, and establish professional networks. As a result, these platforms retain ownership of massive amounts of professionals’ data and information that only exist within these closed networks. Applications are disincentivized from sharing information and data because of the competitive marketplace and their reliance on data monetization for business purposes. Each platform wants to hold an advantage over its competitors. The Dock protocol aims to solve this fundamental data hoarding problem by implementing a protocol that actually encourages data exchange between platforms. By utilizing the secure Ethereum mainchain, data encryption, as well as a token model, the Dock protocol will allow users to take control of their data and exchange it between applications. The Dock token model will simultaneously motivate applications to exchange information by making it beneficial for both platforms involved in the transaction. Both the users and the applications primary needs are met. Users get full control of their data and applications receive compensation for data exchange.

Link to Roadmap: https://medium.com/dock-io/our-roadmap-b3c7c6921c8e
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