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Ocean Protocol & Dimitra launch Ideation Bounty to Incentivize Data-driven Insights in Agriculture

The program is a strategic initiative to incentivise a global community of data scientists to engage with agricultural data. Singapore , NY, July 13, 2022 – (SEAPRWire) – Ocean Protocol, the Web3 platform to unlock data services for AI and business innovation, announces the launch of ideation bounties in a joint initiative with its long-term partner Dimitra, a company guided by the mission to deliver AgTech globally to farmers. The competition is divided into two phases and has a total prize pool of $15,000 USD payable in OCEAN + DMTR tokens. Smallholder farmers can play a huge role in solving the world food shortage, improving food safety and addressing food security issues. The partnership between Dimitra’s agricultural software and Ocean’s Web3 data sharing and monetization capabilities is focused on driving the next generation of agricultural solutions using data. As part of this vision, 100 million smallholder farmers will be empowered to maximize yields and mitigate operational losses by 2024 through open access to relevant, valuable data-driven information. The Ocean Protocol-Dimitra bounty seeks to expedite this vision by encouraging data scientists around the globe to share valuable ideas on how particular agricultural datasets on the Ocean Market can be utilized to maximize yields and quality while minimizing risks for farmers. This competition builds on Ocean’s vision to spearhead the shift into a New Data Economy through the Ocean Data Bounty program by incentivising data-driven insights and the building of algorithms to solve complex business challenges. Dimitra is the first partner in this initiative. Ocean founder Bruce Pon said, “Data bounties will help to activate a global community of data scientists to build context around data. We’re excited to kick off this data bounty program with Dimitra to accelerate data-driven innovation in agriculture. By incentivising scientific participation, we hope to gather insights and ideas to solve pressing agricultural challenges at a global level.” As part of the Ocean-Dimitra ideation bounty Phase 1: Ideation, the data scientists will be invited to generate ideas about how the datasets presented can be utilized and does not require testing or training of algorithms on the data presented. Participants may use any one of the nine datasets provided to derive insights or multiple datasets to identify correlations between them and provide aggregate insights. Specifically, they should reflect on how the model or idea can be used to discover valuable patterns, trends and features in the data, and how to exploit them in order to maximize crop yields and improve quality. The rewards for phase 1 are – 1st place: $1,500, 2nd place: $1,000, 3rd place: $500, community award: $1,000, honorable mentions (10x): $100 (payable in OCEAN + DMTR). In Phase 2: Algorithms, Analytics, Narratives & Reports – participants will be able to publish their algorithms that can be used live on the data on the Ocean Market using the Compute-To-Data feature. Submitted entries should contain well-documented use cases, as per Phase 1. Bonus points will be awarded for using published algorithms that discover/show valuable patterns and trends in the data. Out of a prize pool of $10,000 USD, the rewards for phase 2 are – 1st place: $3,000, 2nd place: $2,000, 3rd place: $1,000, Community Award: $2,000 Honorable Mentions (10x): $200 (payable in OCEAN + DMTR). The goal of Phase 2 is to develop analytics, narratives, and reports, but also to identify, create and publish algorithms that can be used to analyze the data. Participants are encouraged to publish algorithms that will be used live on the Ocean Market using the Compute-To-Data feature. Bonus points will be awarded for publishing algorithms and/or using published algorithms to discover or show valuable patterns and trends in the data. Submitted entries should contain well-documented use cases, as described in the requirements for Phase 1. A panel of evaluators from Ocean and Dimitra will independently review and rank submission entries selecting 1st, 2nd and 3rd place winners based on level of innovation, the value of opportunity, feasibility, presentation structure, approach and completeness. The selection will be announced publicly and the community will be invited to vote for the Community Choice award winner. The Phase 1 bounties are live on Questbook and the entry submission deadline is August 12th, 2022. Phase 2 kick-off shall be announced at the conclusion of Phase 1. About Ocean Protocol Ocean Protocol is a decentralized data exchange platform spearheading the movement to unlock a New Data Economy, break down data silos, and open access to quality data. Ocean’s intuitive marketplace technology allows data to be published, discovered, and consumed in a secure, privacy-preserving manner by giving power back to data owners, Ocean resolves the tradeoff between using private data and the risks of exposing it. About Dimitra Dimitra’s mission is to place technology in the hands of millions of small farmers around the world. By doing so, Dimitra aims to enhance productivity and therefore the lives of farmers, improve food safety, and enable greater food security globally. In 2021 it has set itself two additional objectives. One is to advance AgTech innovation and the other is to secure operational grants for developing countries around the world to enable participation in the Dimitra ecosystem. Social Links Twitter: https://twitter.com/oceanprotocol Linkedin: https://www.linkedin.com/company/ocean-protocol/mycompany/?viewAsMember=true Media Contact Brand: Ocean Protocol Foundation Contact: Monica Botez, Chief Marketing Officer E-mail: info@oceanprotocol.com Website: https://oceanprotocol.com/ SOURCE: Ocean Protocol Foundation The article is provided by a third-party content provider. SEAPRWire ( https://www.seaprwire.com/ ) makes no warranties or representations in connection therewith. Any questions, please contact cs/at/SEAPRWire.com Sectors: Top Story, Daily News SEA PRWire: PR distribution in Southeast Asia (Hong Kong: AsiaExcite, EastMud; AsiaEase; Singapore: SEAChronicle, VOASG; NetDace; Thailand: SEAsiabiz, AccessTH; Indonesia: SEATribune, DailyBerita; Philippines: SEATickers, PHNotes; Malaysia: SEANewswire, KULPR; Vietnam: SEANewsDesk, PostVN)

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Covid-19 shows how scientists must collaborate to make breakthroughs, says DPM Heng

SINGAPORE -The fight against Covid-19 shows international collaboration is crucial if the world wants to continue making scientific breakthroughs, Deputy Prime Minister Heng Swee Keat told young scientists at a global virtual summit on Tuesday (Jan 12). He said sharing the virus genome with the global community had allowed various diagnostic test kits to be developed quickly and led to the creation of safe and effective vaccines in record time. "We must build on the positive momentum of collaboration in the fight against Covid-19 and redouble our efforts to work in stronger partnership - across disciplines, across borders, and across industries, academia and governments," he said in the pre-recorded opening address at the 2021 Global Young Scientists Summit. "This will allow us to not only overcome this pandemic, but also other global challenges such as poverty, ageing and climate change." The annual summit, which runs from Tuesday until Friday and is hosted by the National Research Foundation (NRF), will feature 21 globally recognised scientists and involve more than 500 young researchers from 30 countries. In his opening speech, Mr Heng - who is also the NRF's chairman - emphasised that global partnerships deepen Singapore's research and development capabilities. For example, the Centre for Quantum Technologies at the National University of Singapore is one of the international reference research centres in quantum information science. In 2019, the centre developed the world's first quantum nanosatellite that can generate entangled photon-pairs, or light particles, further advancing cyber security and data encryption. It was reported last December that Singapore will pump a record $25 billion into research over the next five years, with a focus on health, sustainability, the digital economy and manufacturing. Mr Heng said: "We will continue to stay true to our vision to be a knowledge-based, innovation-driven nation, fuelled by scientific excellence." The summit covers chemistry, physics, biology, mathematics, computer science and engineering. The 21 scientists - Nobel laureates and recipients of global science accolades - will share details of their discoveries by delivering plenary addresses, participating in panel talks and engaging with the young scientists in small group discussions. The line-up of 21 speakers is the biggest since the annual summit started in 2013. They will also discuss the latest advances in research and how they can be used to develop solutions to address major global challenges. One of the scientists who will speak at the summit is Professor Robert Langer, co-founder of Moderna, the American biotechnology firm that has created one of the two leading Covid-19 vaccines. Holding more than 1,400 patents, Prof Langer will be sharing insights in advanced drug delivery systems and therapies, touching on areas including diabetes and skin. The summit will be livestreamed on the NRF's YouTube channel. More on this topic   Related Story Covid-19 vaccine and you: What to expect   Related Story Covid-19 vaccines and you: How do they work? Some of the speakers at the summit Professor Ada Yonath - Martin S. and Helen Kimmel Professor of Structural Biology at the Weizmann Institute of Science in Israel - Recipient of the 2009 Nobel Prize in Chemistry for mapping the structure and functions of the ribosome, a protein-making machine Professor Caucher Birkar - University of Cambridge, Professor of Mathematics - Recipient of the Fields Medal in 2018, the highest honour in mathematics, for his contributions to algebraic geometry Professor Didier Queloz - Professor in Astronomy in the University of Geneva, and Professor of Physics at the University of Cambridge - Recipient of the 2019 Nobel Prize in Physics for discovering the first planet outside the solar system that orbits around a sun-like star in 1995 Professor Jennifer Doudna - Professor of Biochemistry, Biophysics and Structural Biology at the University of California, Berkeley - Recipient of the 2020 Nobel Prize in Chemistry for co-creating a gene editing tool to design crops that can better withstand drought, and treat diseases such as cancer Professor Robert Langer - Institute Professor at the Massachusetts Institute of Technology - Founded more than 40 biotechnology firms, including Moderna - Recipient of the 2008 Millennium Technology Prize, the world's largest award for technology innovation, for developing innovative biomaterials for controlled drug release and tissue regeneration The Global Young Scientists Summit 2021 LIVE

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