We all love watching videos online, it has become the main way many of us research topics keep in touch with the world and share our lives with others. Video sharing sites like YouTube have become some of the most popular websites on the internet. If you have ever wondered how big video has become on the internet, have a look at these figures:

– 4.3 million videos are viewed every minute on YouTube

– Over 1.1 billion hours of video are watched per day on Facebook and Google

– 400+ hours of video being uploaded to YouTube every 60 seconds

– Video now represents 74% of all Internet traffic, growing to 82% by 2021.

With this much access to content, how does anyone find content anymore?

With the massive expansion of video use online searching for content becomes more difficult. YouTube is the closest thing to a search engine for video today, but it relies on the uploading user to tag and describe the contents of the video. In some cases, this will work but for the most part, the result will be inconsistent cataloging among with many other issues.

Introducing the Artificial Intelligence Video Open Network (AIVON)

The whitepaper for this project describes it much better than I could. Here is their description:

“ AIVON is a decentralized, open-source blockchain protocol and ecosystem built on a consensus network of Artificial Intelligence (AI) computing resources and a community of human experts, working together to generate normalized and enhanced metadata for video content”

Wow, that’s a mouthful for sure but what it means is that AIVON is going to create a much better and smarter way for online video to be searched and indexed. Using the first decentralized Open Video Search Engine (OVSE) which AIVON will build.

Why Online Video Need Decentralization

Also in the AIVON whitepaper, the company refers to the current heavy hitters in online video under the acronym FAANG. This group includes Facebook, Apple, Amazon, Netflix, and Google and make no mistake about these guys are heavy hitters.

– FAANG’s combined market capitalization is over US$3.01 trillion

– over 70% of all Internet traffic comes from either Google or Facebook

– Amazon and Netflix control over 69% of the 113.8 million subscribers for subscription video on demand (SVOD) services in the US

– Google and Facebook represent 77% of all online advertising and 99.7% of all new online advertising growth

Artificial Intelligence Video Open Network (AIVON) Give the Power Back to the People.

AIVON believes that Internet and services on the Internet must be decentralized or else there is too much power in too few powerful hands. AIVON focuses on decentralizing online video, giving power back to Internet users. In 2017, both Google and Facebook faced major security breaches and people have lost trust in the system controlled by FAANG.

How does AIVON Utilize AI on the platform?

AI Computer Vision (CV) algorithms running on nodes using CPU/GPU resources will be used to scan media files, generate enhanced metadata, classification, categories, transcripts and translations, and an index of the video objects. While AI is a game changer, AI is not perfect and it still requires human intelligence for verification, validation, and correction.

human judgment is critical to making contextualized decisions on content,” -YouTube CEO Susan Wojcicki

The Use of AI Nodes

Until recently, it was very difficult for a computer to tell apart objects or recognize a human’s face, whereas a human can perform a similar task with ease. The field of Artificial Intelligence (AI) and Machine Learning (ML) has made tremendous progress in the last few years to become better at understanding images. Neural Network based AI software with trained models will perform the following tasks:

– Visual recognition of faces, object scenes at the frame level

– Visual recognition of ContentGraph attributes at the frame level

– Auto speech-to-text transcription

– Auto text-to-text translation

AIVON will leverage some of the state-of-art open source machine learning frameworks to ensure that AIVON AI software is upgraded with the latest technique and technologies.

The AVO Token and its Purpose

AIVON is preparing to launch a token sale in November 2018 to fund the development of the AIVON protocol and ecosystem.

The token (symbol: AVO) is a token developed using the Ethereum ERC20 token standard. This token serves the following functions:

– As a micro-accounting tool and payment solution

– A medium of exchange within the platform

– As a rewards and incentive token for platform contributors

For further information about Artificial Intelligence Video Open Network (AIVON) or the token sale, please refer to their contact details listed below:

WEBSITE : https://aivon.io/

WP : https://aivon.io/whitepaper/

FACEBOOK : http://www.facebook.com/aivonio

TWITTER : http://www.twitter.com/aivonio

MEDIUM : https://medium.com/@aivonio

TELEGRAM : http://t.me/aivonio

#Aivon #aivonico #tokensale #AI #Blockchain #aivonio and https://aivon.io/

LINK : EthereumCanada

Wallet : 0xea0470667465d920a92C3f62806332916620F203