Artificial intelligence is a very interesting technology, it can bring many benefits. By combining artificial intelligence with blockchain technology, many potential use cases can be unlocked. These alphabetical projects are exploring how to combine the best of the two worlds into an attractive integrated product.
As the name suggests, DeepBrain Chain is looking for a way to fully integrate blockchain technology and artificial intelligence. Its main goal is to create a distributed AI computing platform that focuses on peer-to-peer market behavior. More specifically, the market will allow users from all over the world to share redundant computing power for artificial intelligence.
The nodes of the DeepBrain Chain ecosystem will carry out various activities. Potential uses include mining native tokens, cloud computing, and running enterprise-level applications. Since everyone in the world can contribute additional computing power to the project, its long-term success will largely depend on the participation of users. Considering the competition in this area, this may be a steep mountain that is difficult to climb.
3. NumeraiCompared with DeepBrain Chain, despite using the same technology, the company is dealing with a completely different business model. The company allows users to submit their forecasts for the future performance of hedge funds. These reports can be downloaded from the website to help users train machine learning models. By collecting and processing data, Numerai can create a collective AI model to help hedge funds determine their future investment strategies.
2. PeculiumA relatively special use case of blockchain and AI was discovered in the Spormium project. The goal of this savings and investment company is to make it easier for investors to manage their cryptocurrency portfolio. This is an interesting concept because managing an unpredictable market is a huge challenge for many companies and service providers.
By using a proprietary artificial intelligence consultant called AIEVE, historical information about the crypto market is transformed into machine learning algorithms to determine the most ideal trading strategy. Information about prices is collected from many sources, including news, books, and real-time market data. This is an interesting project worth paying attention to, especially as cryptocurrencies become more mainstream.
1. Singularity (SingularityNET)Because its goal is to become a decentralized market for artificial intelligence algorithms, it is difficult to get past Singularity. Developers and AI vendors can provide their services in exchange for similar services and cryptocurrencies. All exchanges through this decentralized market infrastructure are conducted using smart contracts, which will automate the entire process.
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