Ocean dives into Quantitative Finance with Battle of the Quants

Ocean Protocol Team
Ocean Protocol
Published in
3 min readJun 16, 2021

--

Engagement with asset allocators, quantitative-focused hedge funds and academia to learn more about Ocean’s core technologies

Ocean Protocol is collaborating with Battle of the Quants to drive growth within the quantitative hedge fund space and bring more data providers and buyers into the Ocean ecosystem. Battle of the Quants connects academia, asset allocators, and quantitative-focused hedge funds to explore and discuss the critical issues confronting the quantitative approach to finance.

In 2021, we will collaborate for a series of events targeting the quant hedge fund world to increase awareness of Ocean Protocol within the industry. The online and offline events, in conjunction with background business development activities, aim to:

  1. Enroll new data providers to Ocean Market.
  2. Increase data buyer usage on the Ocean Market.
  3. Increase group usage of the Ocean Market.

Ocean Protocol Founder Bruce Pon said, “Quantitative finance uses extensive datasets and mathematical models to analyze financial markets and securities, helping investors evaluate investment opportunities and develop informed and profitable trading strategies. The insights provided by Battle of the Quants — Worldwide will advance Ocean’s goals to penetrate this industry and expand adoption of Ocean Market. We look forward to collaborating with Bartt and his team of seasoned professionals to expand the Ocean ecosystem.”

Bartt Kellermann, CEO and Founder of Battle of the Quants, added, “Ocean Protocol leverages the blockchain infrastructure to provide Quantitative hedge funds with innovative ways to find ideal data sets to generate alpha for specific trading strategies. Battle of the Quants — Worldwide is excited to partner with Ocean Protocol to help facilitate their growth within the quantitative hedge fund space.”

Tying into our 2021 Roadmap, more users of Ocean technology bring us closer to our overall goal of ubiquity: where Ocean is a key utility and global IT infrastructure. Ocean’s engagement with Battle of the Quants further develops our data consumers and provider traction goals, an essential part of #TheYearofScaling.

What’s Coming Next?

  1. To kick off our collaboration, Bruce Pon was interviewed by Bartt Kellermann for the BattleFocus series about synergies between their network of Quantitative Hedge Funds and the Ocean ecosystem. Watch it on YouTube.
  2. Our first live event will be the BattleBlitz Webinar, when we’ll tackle “Alternative Data Meets Blockchain: Which is Better?” Join us on July 13th at 10:00 AM EST / 4:00 PM CEST. More information to follow!
  3. The Ocean Battle Data Competition will allow Data Providers to submit their data offerings for consideration. Coming Fall 2021.

About Ocean Protocol

Ocean Protocol’s mission is to kickstart a new Data Economy that reaches the world, giving power back to data owners and enabling people to capture value from data to better our world.

Data is a new asset class; Ocean Protocol unlocks its value. Data owners and consumers use the Ocean Market app to publish, discover, and consume data assets in a secure, privacy-preserving fashion.

Ocean datatokens turn data into data assets. This enables data wallets, data exchanges, and data co-ops by leveraging crypto wallets, exchanges, and other DeFi tools. Projects use Ocean libraries and OCEAN in their own apps to help drive the new Data Economy.

The Ocean token is used to stake on data, to govern Ocean Protocol’s community funding, and to buy & sell data. Its supply is disbursed over time to drive near-term growth and long-term sustainability. OCEAN is designed to increase with a rise in usage volume.

Visit oceanprotocol.com to find out more.

Twitter | LinkedIn | Blockfolio | Blog | YouTube | Reddit | Telegram | Discord

About Battle of the Quants

In our sixteenth year of hosting the leading quantitative event worldwide, the Battle of the Quants has become the definitive event in the quantitative space for investors, managers and data buyers looking for key industry influencers, decision makers and investment opportunities. The Battle of the Quants curates carefully selected systematic investors and managers leading the way into the new world of Artificial Intelligence, Machine Learning, Data Sets, Digital Assets, Blockchain and Quantum Computing. Attendees include HNWI’s, Family Offices, FoF’s, Institutional Investors, Systematic Hedge Fund Managers, Data Providers and Data Buyers.

Follow Ocean Protocol on Twitter, Telegram, LinkedIn, Reddit, GitHub & Newsletter for project updates and announcements. And chat directly with other developers on Discord.

--

--