RIDO Protocol

RIDO Protocol: Extract Value From Personal Data in Web2 & Web3

RIDO Protocol aims to redefine Web3 data by providing a platform to extract value from personal data. It focuses on clarifying data ownership and offering various access control methods to data owners, including the ability to monetize their data through a data trading marketplace.

What is RIDO Protocol?

RIDO Protocol is a platform designed to allow users to control and monetize their data within the Web3 ecosystem. It enables users to define how their data is accessed and used across different applications, promoting a richer and more composable application environment.

Key Features:

• Non-Fullcontrol Ownership: Data owners can change access permissions, but the modification of information adheres to predefined structures.
• Programmable Data Generation: Users can define the structure and generation function of data variables, which can be used across applications.
• Programmable Access Control: Data owners can define custom access control rules, such as through NFTs, Tokens, or custom logic.
• Migrate Web2 Data: Bring traditional data from Web2 into Web3 via BNB Attestation Service, clarifying ownership and providing rich access control methods.
• Cross-application Data Sharing: Facilitates low-friction data sharing between applications, fostering greater composability.
• Data Marketplace & DataFi: A two-way data marketplace where users can list or offer their data information and ownership. The DataFi protocol promotes data flow and value.

AI Support:

• Decentralized Recommendation System: Guarantees the rights and interests of user data, allowing easy combination of different data types to create value.
• Digital Assistant: Provides personalized conversational experiences based on user history and preferences.
• Virtual Life: Create immersive 3D environments where people can interact with others and digital objects, retaining keys to interact with the real world.

How to Use RIDO Protocol?

1. Define Data Variables: Specify the structure and generation function for your data.
2. Set Access Control Rules: Customize how your data is accessed by others.
3. List Data on Marketplace: Offer your data for trading on the RIDO marketplace.

Why is RIDO Protocol Important?

RIDO Protocol is essential because it gives users control over their data and allows them to monetize it. By using AI to provide decentralized recommendations and facilitating cross-application data sharing, it opens up new possibilities for data utilization and value creation.