Both artificial intelligence and blockchain are here to stay. That is why our aim is to create an effective way to make them work together. Let see how and why their synergy is beneficial for AI industry, and what advantages do blockchain-based AI platforms, such as Dbrain, have.

84% of enterprises already believe investing in AI will lead to greater competitive advantages. While 57% of large corporations are either actively considering or in the process of deploying blockchain. For our team, we find it crucial to have an expertise in both fields.

Dbrain CEO Dmitry Matskevich already created 2 tech companies in big data, and sold Flocktory.com, a B2B company in AI valued at $20M in 2017.

already created 2 tech companies in big data, and sold Flocktory.com, a B2B company in AI valued at $20M in 2017. Dbrain COO and co-founder Pavel Doronin is a founder of AI Today, one of the top AI communities in Eastern Europe & CIS.

is a founder of AI Today, one of the top AI communities in Eastern Europe & CIS. Dbrain advisor Yobie Benjamin, founder and CTO Emeritus of Token.io, CTO of ClickSWITCH.com and Member of the US Federal Reserve Bank Faster Payments Task Force shares his profound experience in blockchain.

Data takes it all

Big data fuels advancements in AI technology. At the same time, creating a quality dataset requires a lot of human input and takes up to 80% of data scientists’ time when building an AI application. Dbrain becomes a platform for AI developers, data providers and crowd workers who together create AI applications for customers. For business clients, the platform is a one-stop AI shop where they could find existing applications, order customization and integration, or buy raw datasets.

Dbrain is based on blockchain to make all these processes faster, increase security, and achieve high-quality results at the lowest price.

Improving work quality

A decentralized automated SPOCK protocol guarantees the quality of results. It allows to build up a community of crowd workers and task requesters. By the combination of proof-of-work and proof-of-stake features we could achieve excellent results without work duplication.

Behind the shield

Blockchain protects the community. Earned tokens, app and data ownership cannot disappear, while immutable and audited smart contracts guarantee safe and fair execution of transactions. That is why many industries ike banking and military sectors explore the technology. In AI sector, blockchain adoption is on the early stage, however, the security level it brings is one of the main reasons to apply it.

Independence from fiat

Blockchain eliminates borders, that is why workers from any country can be involved. Usually the cheapest workforce is located in developing countries, where using cryptocurrencies is a win-win strategy. First of all, it allows to overcome all bureaucracy issues and extra payments. For example in India, an average user pays up to 15% in bank charges and conversion fees on every transaction, while crypto payments are almost costs-free. Also, people do not depend on local currency volatile exchange rate and denomination.

Free entry

In the third world countries, it is almost impossible to have a credit card or open an account: banks require a big deposit. Getting wages in cryptocurrencies is as easy as setting up an Ethereum or Bitcoin wallet in 1 minute. Dbrain can involve unbanked people and give millions of workers an access to an ocean of micro tasks.

Community self-expansion

Platform expansion is beneficial for the both sides. Workers get more orders and, therefore, can earn more, while task requesters can choose between different workers and get the job done quickly. We plan to introduce a special referral program, bonuses for contribution to community datasets and AI competitions.

Blockchain can bring a lot of good to the AI industry: by eliminating borders, fraud, and paperwork it makes it more accessible, open and secure. Blockchain reassures AI industry’s growth and constant development. That is why we at Dbrain believe in the success of the intersection of the blockchain and artificial intelligence.

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