Ecosystem Expansion

The Ontact Protocol provides an optimal Web 3.0 IoT solution to companies that provide IoT devices and services through continuous improvement of DIA and DPS systems. IoT service companies can reduce data maintenance costs and risks such as external hacking by introducing on-tact protocol solutions using block chains. In addition, users can use various IoT services without worrying about IoT device hacking or data leakage. Due to these functional advantages, Ontact Protocol's solution will be rapidly and widely distributed in various IoT business ecosystems beyond industries and regions.

As the number of IoT service providers participating in the on-tact protocol increases, the number of users using the service will also increase rapidly. As the number of users increases, the variety of data stored in decentralized storage will increase rapidly. In order to utilize high-quality data, companies must provide appropriate compensation for data usage to consumers, data producers.

Through this mechanism, companies will be able to use the data required for each area through appropriate payment, and the compensation for data production will go directly to the data owner, thereby improving the irrationality of the existing centralized data market.

Data businesses that focus on data collection and analysis such as Big Data, Artificial Intelligence (AI), and the Internet of Things (IoT) are growing steadily. In addition, the growth of telecommunication infrastructure such as 5G will accelerate the growth of these data businesses.

The value of data will increase, and our solutions that prove value through data integrity, protect data sovereignty, and enable efficient data transactions will continue to be recognized and grow with the growth of the data market.