Disclosure: , the Blockchain-based Supply Chain, has previously sponsored Hacker Noon. Namahe Both blockchain and A.I. are at the cutting edge of technology. Blockchain is essentially a distributed ledger, that stores data in an . Whereas A.I. is a term used to describe a machine capable of . encrypted, nigh immutable format performing tasks that seemingly require intelligence For the most part, most A.I. systems in development today are actually specialized expert systems that use a to make decisions. However, many researchers are working to making to a restricted (or not-so restricted) set of problems, some of which could have profound impacts on the way we live our lives. database of knowledge build an A.I. that can apply truly intelligent decision Blockchain has the potential to democratize A.I., bringing it to the masses, whilst enabling use cases previously unfeasible such as production of decentralized intelligences. Let’s a take a look at some of the projects integrating A.I. with blockchain technology. SingularityNET: The first decentralised AI marketplace When discussing the combination of A.I. and blockchain, it would be borderline criminal not to mention . SingularityNET Sophia was the first robot to be granted, her intelligence is powered by SingularityNET took the world by storm on December 2nd last year (2017), where they . The premise of the platform is to produce an A.I. marketplace where companies can buy and sell A.I. algorithms, machine learning tools and data sets on a global scale, facilitating growth of the industry. SingularityNET.io sold out their $36,000,000 hard cap in less than 70 seconds Through the combination of open source principles, blockchain integration, and leveraging the leading minds in machine learning, . SingularityNET intends to make AI accessible as a global commons for all Within the SingularityNET platform, agents can , and these tokens can also be used to that can affect the future of the platform. SingularityNET really demonstrates that both A.I. and blockchain are technologies for the future. By bringing businesses that want to incorporate A.I. and A.I. researchers under one ecosystem, SingularityNET eventually hopes to develop an advanced general intelligence that can be applied to almost any task. use AGI tokens to pay for A.I. related services vote on decisions In this video, Dr Ben Goertzel introduces SingularityNET, and Sophia, the robotic testbed for SingularityNET technology. SingularityNET lets anyone create, share, and monetize AI services at scale. Namahe — A.I. Supply chain One of the major goals in most industries is to to increase efficiency and reduce costs, whether this be on the hardware side (e.g. Robotics), or on the . increase automation software and logistics side via A.I by incorporating an A.I. layer into the mix. Currently, supply chains are highly complex networks that connect consumers at the end of the chain, to the workers at start of the chain, via several intermediaries including manufacturers, suppliers and retailers. The problem with having so many layers, is that , partly due to lack of communication within the supply chain, and due to the speed at which it takes to respond to external events, such as changes in demand, or delays. Namahe is a platform that aims to massively overhaul the industries involved in the supply chain efficiency is often lost Namahe incorporates A.I. with blockchain technology to produce a secure ecosystem, where businesses can save on costly audits and improve efficiency in their supply chains using the Namahe A.I. layer Namahe looks to massively boost the efficiency of supply chains by allowing this A.I layer to seamlessly monitor the supply chain in realtime, looking for anomalies in the patterns to detect fraud, delays and unusual events, and flagging the data for review. Over time, this system will , and is expected to quickly reach a level where it can , reacting to events much faster than previously possible based on the confidence of its observations, and eventually be capable of making . expand its skill-set using machine learning libraries act autonomously predictions about future markets Numerai — A.I. Hedge Fund Did you know that many hedge funds already use as part of their trading process? These systems tend to use to forecast , which can give these hedge funds an edge in the high frequency and speculative trading spaces. machine learning and A.I. historical data future conditions ( ) is the Numerai website first A.I. based hedge fund to incorporate blockchain technology Unlike other hedge funds that use a closed loop, A.I. based analytics approach, instead opens its platform to the around the world. These data scientists can submit their market predictions based on machine learning models to Numerai, with these contributions being . Numerai tens of thousands of data scientists used to steer the direction of the hedge fund by holding a weekly competition, where data scientists can submit their prediction models. These submissions can be backed with Numeraire (NMR) tokens to express confidence in their predictions. If after 4 weeks these predictions perform well, then the applicant is awarded a USD (BTC equivalent) prize based on the amount staked. Numerai incentivizes the regular submission of predictions By crowdfunding the development of an effective A.I hedge fund, Numerai aims to create a platform where overfitting and human biases are essentially nullified, producing a truly complete A.I. based hedge fund. Numerai crowdsources stock market predictions from more than 15,000 data scientists worldwide. ( ) source DeepBrain Chain — Distributed Computing Power One of the major challenges for new, or small A.I. companies is , slowing the rate of progress and leading to a high financial barrier to entry. access to enough computing power to run their A.I. training simulations ( ) is an A.I. computing platform that aims to massively reduce the entry costs for A.I. development by providing a that is used to to companies looking to develop A.I. technologies. DeepBrain Chain website decentralized neural network supply processing power The DBC platform by , allowing those with excess power to generate an income from their idle nodes, whilst resulting in an . The developers recognized early that blockchain was the perfect backbone for their system, allowing them to produce their unique tokenized incentive system. incentivizes the provision of processing power and data sets offering DeepBrain Coin (DBC) up to 70% cost reduction for A.I. companies The Deep Brain Chain platform publishes regular updates over at DeepBrain Chain Currently over . Additionally, on the 16th of March this year, the DBC foundation announced a buy-back program for a total of 40 million DBC tokens, which followed previous news of an extended lock-up period preventing new tokens from hitting the market, indicating the team believe the potential of their platform is massively undervalued. 100 companies and hundreds of thousands of users make use of the platform already Blockchain + A.I. = Future? As the industry develops, , and non-blockchain based products looking to leverage the advantages A.I. offers. The development of a truly responsive, adaptable A.I. has long been the arena of science fiction, but now, in 2018 we are starting to see the beginnings of the future. The , so combining the two certainly makes these projects worth a closer look. we will start to see more blockchain long term potential for both blockchain and A.I. is staggering If you liked this article and would like to see more from us, please do subscribe or leave us a few claps, we appreciate every single one :) ➤ Follow us on Twitter , ➤ Join us on Facebook , ➤ Ask us questions on Telegram , ➤ Check us out on LinkedIn Find out more on https://namahe.io
