SingularityNET Partners With Ocean Protocol to Decentralize AI Data

Looking to make full-stack, decentralized AI a reality.

A fully decentralized AI economy is quickly becoming a reality. With SingularityNET, developers and businesses can develop AI services faster, cheaper, and with more functionality than ever before. And while we’re the only project offering a comprehensive AI marketplace, we’re not alone in pursuing a fully decentralized AI future.

Following deep and thorough discussions, we’re proud to announce that SingularityNET has partnered with Ocean Protocol, a decentralized data exchange network that lets people share and monetize data for use in training AI models. Built by the highly-respected teams at BigchainDB and DEX, Ocean Protocol incentivizes the curation of high-quality, relevant datasets that can provide information marketplaces for AI agents.

Our latest partner: Ocean Protocol

Our platforms have many natural synergies, and this partnership will allow us to explore the integration of our respective protocols.

Shared Visions May Enable Deep Integration

At SingularityNET, we envision a future where AI applications are available to everyone, regardless of wealth, power, or influence. By deploying a global AI marketplace powered by the world’s first AI interoperability standards, we believe SingularityNET represents a critical tool in advancing a benevolent singularity for all.

The team at Ocean Protocol shares this vision, with a focus on freeing the world’s data from walled gardens, making it available for all to use. Both of our networks aim to radically reset the current path of AI technologies, shifting from an environment with an increasing concentration of resources and capabilities, to a world with open access to immensely powerful technologies.

“The AI stacks of the 2000s and 2010s have exhibited such strong centralizing tendencies that we’ve ended up with massive data moats and data monopolies. This is dangerous to a free and open society. Working with our partners at SingularityNET, we aim to counter this centralization with explicitly decentralized AI and data that equalizes opportunities to everyone.” — Trent McConaghy, CTO of Bigchain DB and Founder of Ocean Protocol

Beyond a shared vision, we believe that integrating our services may significantly accelerate a decentralized AI future.

Right now, AI and data are hoarded by a powerful handful. Our partnership could change that.

Advancing Toward Full-Stack, Decentralized AI

Already, our projects have been approached by hundreds of AI developers, businesses, and research institutions looking to monetize their creations and access new capabilities. The demand for a decentralized AI future already exists, but creating the tech stack that users crave is critical in meeting this growing need.

“The relationship between AI and data is an intimate one. Many of today’s AI algorithms are highly data-centric, requiring large amounts of information to feed their learning. Today’s applied AI problems are also data-centric, involving organizations that need relevant patterns found in certain private or public datasets. As a decentralized AI marketplace, SingularityNET could benefit greatly from tight integration with Ocean Protocol’s decentralized data management and exchange framework.” — Ben Goertzel, Founder of SingularityNET

While SingularityNET and Ocean Protocol address their independent market’s demands, integration could have sizable benefits.

Our partnership would provide full-suite data marketplaces to disparate AI agents.

As an example, the biotech industry relies heavily on AI. As protein folding becomes increasingly important for the development of new medical treatments, this reliance will continue to grow. Biotech companies could outsource this intensive process to SingularityNET AI agents, which would be exponentially more efficient once connected to Ocean Protocol and its vast library of relevant data.

Many other industries will be able to follow this model. For instance, if a business wants to leverage a variety of complex AI algorithms to recognize patterns in their transactional and personnel data, they could upload internal data to Ocean. The company could then use a variety of SingularityNET AI algorithms, acting together in a coordinated way, to resolve their data queries.

Even consumers will have the ability to leverage decentralized AI technologies. Suppose a shopper wants to summarize dozens of reviews for a certain product. A review aggregator AI Agent running in SingularityNET may have spidered the various reviews from relevant online sites and stored them in Ocean. A text summary Agent running in SingularityNET may then access this Ocean repository and provide a concise answer to the shopper’s question by giving them a few pithy lines about the product they’re considering.

SingularityNET’s AI agents + Ocean Protocol’s datasets could provide huge competitive advantages.

Collaborating With a World-Class Team

This exploratory partnership will bring together some of the greatest minds in big data, blockchain, artificial intelligence, and data exchanges. Even before our projects began formal development, our teams were familiar with each other’s visions and achievements.