Decentralized Data: Blockchain As The Back End
SingularityNet is a project that seeks to decentralize and open up AI by using blockchain. They recently made an announcement of a new project which will use their blockchain as the back end for the medical robots they are constructing.
In this video I discuss how this concept is going to take shape over the next couple years. Decentralized data is what will give a lot of these blockchains value.
Here is the article cited in the video:
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HIVE.D!
Great coverage per usual. I chose the Back End theme recently as well.
I don't get what you say
Posted Using LeoFinance Beta
lol that fella wired differently.
that good sharing AI on the blockchain will help it developed fast with a lot of people doing experiments mean they work or improve AI and I support SingularityNet
Posted Using LeoFinance Beta
@taskmaster4450, Let's see if Blockchain Technology is transforming into Singularity Consciousness. Stay blessed.
Summary:
In this video, the speaker discusses the importance of blockchain as a backend in the cryptocurrency and blockchain industry. He highlights the example of Leo Finance, a platform built on the Hive blockchain that allows multi-chain interaction through wallets like Metamask. The speaker also elaborates on Singularity Net, a project by Ben Goertzel, focusing on bringing decentralization to artificial intelligence. Singularity Net enables users to request AI services using their token, AGI. Additionally, the speaker mentions Singularity Net's partnership with Cardano, emphasizing the decentralization of data and its significance for the future of technology. The video concludes with insights on the potential for decentralized backends in various industries.
Detailed Analysis:
The speaker begins by underscoring the concept of blockchain as a backend, emphasizing its significance in the cryptocurrency and blockchain space. He cites Leo Finance as an example, illustrating how the platform utilizes the Hive blockchain to enable multi-chain functionalities for users, allowing seamless interaction and rewards distribution through wallets like Metamask.
Moving on, the speaker delves into Singularity Net, a project led by Ben Goertzel, known for his expertise in artificial general intelligence. He outlines Goertzel's mission to decentralize AI, highlighting the project's ICO success and the development of decentralized infrastructure to unite AI developers. The speaker explains Singularity Net's approach of enabling users to request AI services by staking their token, AGI, on the platform, fostering collaboration and innovation within the AI community.
Furthermore, the speaker discusses Singularity Net's recent collaboration with Cardano, indicating the project's expansion to multiple blockchains. This partnership underscores the importance of decentralizing data and underscores the growing trend towards interoperability and decentralization in the blockchain industry.
The speaker then reflects on the broader implications of decentralizing data, emphasizing its potential to disrupt traditional gatekeeper structures in various industries. He draws parallels to communication industry evolution, highlighting the shift from limited gatekeepers to diverse communication channels, mirroring the potential decentralization can offer across sectors.
Moreover, the speaker touches upon the integration of AI with decentralized backends, exemplified by Hanson Robotics' venture into utilizing decentralized backend for their robots. This development signifies a growing trend towards data decentralization and blockchain integration in cutting-edge technologies.
In conclusion, the speaker stresses the pivotal role of blockchain as a backend in fostering decentralization and innovation across industries, predicting a future where decentralized solutions redefine traditional centralized structures for the betterment of technology and society.