NEBULA AI: Bockchain and AI Technology at your finger tips.
INTRODUCTION
After mechanisation, electrification and digitization, the blockchain has been declared the fourth industrial revolution. In the blockchain system, users can trade without knowing or trusting each other "trustless trust" and transactions run on the blockchain are inteneded to remove 3rd parties that exist in the traditional payment systems. The blockchain transaction mainly focuses on identity verification, forensics verification, information sharing and transparent governance ( decentralized) and this concept has seen the blockchain integrate into key areas of social security, public administration and intellectual properties. The development of the Ethereum smart contracts has seen the blockchain support new ideas and environments to support real life payment scenarios.
Since the technology in the blockchain records and maintain data which serves as digital currencies by applying cryptography, the data stored in a chain structure must be only read and written to ensure consistency, prevent tampering and to ensure data transmission (exchanges) , it is therefore required that to initiate any blockchain transaction, computing process and power must be available which requires difficult human effortts to attend to when comparing to the amount of users requiring a blockchain transaction all around the world per time. Hence, the need for artificial intelligence with adequate computational power and resources to manage these problems concurrently.
THE CURRENT CHALLENGE
Many breakthrough in artificial intelligence (AI) have been made since its invention, this breakthroughs has seen the rise in demand for AI raise drastically with only centralized companies like Google, Amazon providing AI computational services. AI have strong research and computational capabilities that stand-in or work with a preprogrammed brain or memory which is required by multiple individuals and organizations to perform complex computational activities accurately. Hence the need of a platform that solves the following problems:
- Centralization: The majority of computing cloud service providers are controlled by governmental and individual or organizational regulations which are strictly based on their own interest instead of that of the user.
- Data Privacy: Centralized providers do not guarantee data privacy as there could be an internal leak or pressure by governing bodies to give up personal information's.
- Maintainance cost: the cost of maitianing centralized computing centers due to the workforce needed.
- Hash calculation Efficiency: The mining of cryptocurrencies consume too much power and requires lots of human computational resources to complete a mining process.
THE SOLUTION WITH NEBULA AI
After identifying and digesting the aforementioned problems, NEBULA AI (NBAI) has decided to develop a decentralized platform that serves as:
- A hub where users or organizations can access and buy AI cloud services(Shared AI Computing Platform)
- A hub that handles a faster and minimized power consumption blockchain transactions(AI Physical Computing Units ).
- A place where data can be stored without any form of internal or data leakage (Integrated IPFS Distributed Storage )
- And an ecosystem where decentralized AI apps can be built to provide solutions to the aforementioned problems( Decentralized AI Applications and AI Engineer Training Center )
NEBULAI AI INC
Nebula AI Inc is a Montreal based startup, with sole focus on developing a decentralised AI Blockachain and the devlopment of Artificial Intellegence. Its a renowned comapany that loves everything and anything that has to do with software development and invention. The company is backed with wonderful team members who take or derive joy in doing their task. Its a company that focuses on everything AI and Decentralised AI blockchain. Some specialised areas of the company includes;
- Converting mining hash power into AI computing power
- Building a decentralised AI application faster
- They cost 30% less to train the algorithms than Google TPU
HOW NEBULA (NBAI) WORKS
Via NBAI tokens, all transactions are runner in the ecosystem. In the ecosystem, developers will provide users with DAI apps that perform certain or various purposes which is bought users based on the developers predefined NBAI tokens and conditions. This DAI apps are submitted with their detailed functionalities to the NBAI* for some NBAI token and these AI's is then inserted into the NBAI task pool which can be accessed by users via smart contracts.
In order to solve the computational problem of mining, for now the NBAI sticks with the normal Proof-of-work(POW) mining algorithm to enable existing miners perform AI algorithm calculations for tokenize rewards and the NBAI have released an independent AI ether chain loaded with smart contracts (which holds task address, workload and work cost) and whenever a task is completed, the respective AI claims the respective token rewards after the computation of desired results.
To learn more about this revolutionary Project, check out the links below:
Website: https://www.nebula-ai.com/
Whitepaper: https://www.nebula-ai.com/whitepaper/NBAI_whitepaper_EN.pdf
Medium: https://medium.com/nebula-ai
Github: https://github.com/nebulaai
ANN Thread: https://bitcointalk.org/index.php?topic=2928531.0
Telegram: https://t.me/NebulaAICommunity
Twitter: https://twitter.com/nebula_ai
Facebook:
https://www.facebook.com/NebulaAI/
Authors Details
Writer: Kingairdrop
BitcoinTalk URL: https://bitcointalk.org/index.php?action=profile;u=1862137