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Blockchain AI & Why | @SingularityNET & @Ocean Protocol



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The solutions to previous challenges now exist in the form of protocols such as SingularityNET, which provides interoperability between AI agents on many blockchains. SingularityNET also has a built-in governance system, and user data is protected end to end, while allowing governments to fork their own AI networks from the main network in order to maintain control over their sub-networks.

It is observed that artificial intelligence (AI) is concentrated in the hands of large corporations and organizations. This hampers the development of a broader range of AI systems.

Meanwhile, there is also the problem of data storage and access. For AI systems to function efficiently, they need to connect to various data systems, which could be challenging to achieve. The current data-sharing mechanisms have several vulnerabilities, and it is also challenging to ensure the quality of this data.

Using blockchain, AI systems could access data in a more streamlined manner. Blockchain systems could set permissions to share data.

Meanwhile, owners can be incentivized for sharing data, which could attract more participants. This benefits the AI systems as there is a larger pool of data available.

Ocean Protocol is developing a decentralized infrastructure for a data economy for AI systems. Data marketplaces could be created using blockchain, where owners could sell information that can be used for AI. This also levels the playing field for smaller AI developers and researchers, who could easily access trusted sources and services for developing AI systems.

SingularityNET is one such company which is using blockchain for creating an AI network. It enables users to create, share, and monetize AI services through a decentralized marketplace.

Conversely, AI could also benefit the blockchain network by analyzing data for anomalies before it enters the chain. This provides another layer of automation and improves data quality. Another benefit is that AI could audit blockchain transactions and suggest performance-enhancing solutions.

Read full article: https://www.ledgerinsights.com/blockchain-ai-iot-convergence-european-commission/

SingularityNET AI Marketplace – https://beta.singularitynet.io
AGI Community Telegram – https://t.me/singularitynet
AGI Price Chat Telegram – https://t.me/AGIPriceTalk

Ocean Protocol – https://oceanprotocol.com/
Ocean Protocol Telegram – https://t.me/OceanProtocol_Community

AGI Hats – https://bit.ly/2rA20H9
AGI Merchandise Store – https://teespring.com/stores/agi-blockchain-ai-merchandise
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Buy SingularityNET AGI with Binance: https://www.binance.com/?ref=10176722
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2 thoughts on “Blockchain AI & Why | @SingularityNET & @Ocean Protocol
  1. SingularityNETs vision is slowly becoming apparent to Crypto, Corperate Companies and Governments.

    The kindling is smoking!

  2. The AI marketplace. Think of Salesforce App Exchange, Apples App store or the Play Store (Android) for an example of what Singularitynet is looking to build but it will be decentralized.

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