Website

RIDO Protocol

Last updated: Jun 25, 2024

RIDO is a data generation, aggregation, and trading protocol designed to facilitate the sharing and trading of user data while protecting user privacy, enabling data monetization, and providing data fuel for AI.

IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice.

Overview

Project industry	AI & Neural Networks
Product type	Protocol

What is RIDO Protocol

RIDO protocol which is DataFi infra & protocol focus on helping users to extract value from their personal data (through data mining & data trading).

RIDO consist of BAS (an attestation server built on BNB which provide a data standard & bridge between web2 & web3), RIDO DAO (for governance&incentive) and Homo protocol (deal with how to allocate income among users & data pricing).

Powered by RIDO team, one of the BNBChain hackathon winners. The BNB Attestation Service (BAS) is an infrastructure built on the BNB ecosystem for generating attestation to verify information. BAS assists users in on-chain or off-chain verification, allowing them to assert ownership of attestation by storing them in Greenfield.