Blockchain and AI are two technological trends which, while ground-breaking in their own rights, have the potential to become even more revolutionary when put together. Both serve to enhance the capabilities of the other, while also offering opportunities for better oversight and accountability. Even though the two technologies have highly different developing parties and applications, researchers have been discussing and exploring their combination, and they have been found to go extremely well together. Due to its decentralized nature, blockchain can potentially neutralize the risk of one party’s monopoly of AI and their ability to control one of the most powerful and dangerous technologies known to man. AI can be incredibly revolutionary, but it must be designed with utmost precautions – blockchain can greatly assist in this.

MEET KAASY.AI

The KaaS blockchain and network define the infrastructure for a democratized, skills-oriented global AI computer system, based on existing hardware right now being used to mine cryptocurrencies. It’s goal is to use the remaining computing power composed of the leftovers of your GPU and CPU to help solve algorithms and assist building and storing an AI database of knowledge and skills aimed for reusability.

THE PROBLEM

Today, thousands of computer systems are being used for mining cryptocurrencies, but neither the GPUs nor the other components of the rigs were built specifically for that purpose. Because of this, many of the resources available of those systems are left underutilized.

THE SOLUTION

KAASY.AI is a platform that aims to help you make better use of your computer. KAASY.AI wants to create a publicly-available knowledge blockchain, wrapped in an ecosystem with its own currency, where users can execute both asynchronous and synchronous tasks using their terminal of choice. The open-source code can be forked to create private knowledge blockchains, for tasks which may involve privacy concerns and other data restrictions.

THE INNOVATION

The existing GPU-mining rig will be mining cryptocurrencies and will also be doing other processing tasks simultaneously, like machine learning and offering co-processing power – while being rewarded for both activities – making the RIGs even more profitable. This machine learning will produce “machine skills” to be used in Artificial Intelligence processes. Whoever adds the code for the machine learning into the blockchain gains Skill Rewards when the new machine skills are used on a new dataset. This process runs on a Distributed Infrastructure As A Service architecture, splitting the workload between multiple mining rigs, while optimizing for shortest run time on minimal data traffic. This entire system is called Knowledge As A Service, and represents the backbone of KAASY, the decentralized AI assistant that you can employ to do tasks for you. The AI applications run using processing cores of GPUs and CPUs throughout the network, while storing the knowledge and skills created at run-time into a blockchain-style data structure, optimized for reusability. The goal is to have skills on demand, to assist people in whatever task they have to accomplish at some moment. This will increase the productivity of anyone using the network, freeing up their time to do more meaningful tasks that the mundane, already automated ones. The profits from mining will most likely be high at the beginning, yet the profits of having put in a much sought-after skill will quickly overtake mining in profitability. Rewards will be earned by whoever added the skill in the blockchain. Skill rewards are issued automatically whenever one or more skills are combined into a new, more complex skill.

One major difference between the KaaS blockchain and the current blockchain architectures will be the ability to confirm the correctness of an address before sending any funds. Correctness means both whether it is in the correct format for this blockchain, and whether the owner of the address is the one we intend to send the funds to. This will enable a cleaner blockchain, one in which coins are not lost due to misspelled destination addresses.

THE TOKEN

Development of this complex system is being funded via ICO. The ICO token investment period started July 1st 2018 and will end on September 30th 2018. Should the hard cap be hit before, the period will end at that moment. The goal of the ICO is to fund the first development stage, while allowing investors to get better ROI than just holding cryptocurrencies.

The KAAS token will be the only currency in which users will pay for the processing time to accomplish their tasks via the decentralized infrastructure. The initial token valuation is 1 KaaS = 1 EUR. The Minimum investment is 0.1 ETH or equivalent in the other accepted currencies; exchange rates are updated hourly. Maximum investment during ICO phase is 500 ETH or equivalent, per account. The accepted currencies are: Bitcoin, Litecoin, Ether, Ether Classic, Expanse and Ellaism. The total supply of tokens, during the ICO and before the KaaS blockchain launch, consists of 400000000 units. 100000000 tokens are available to investors, during the ICO phase. The funding soft-cap is set at 10M Euro, while the hard-cap is set at 100M Euro.

Their ICO is now listed here, on cryptocompare, one of the biggest projects in crypto area.

THE TEAM

Behind this project stands a young, yet very well-prepared, visionary and ambitious team of international specialists.

Anton Deliamure is a Co-founder and Developer of KAASY.AI. He has 13-years experience in the embedded software, electronic schematic and PCB designing, mining software and as a hardware developer.

Marius Morra is the CSO and Co-founder of this project. Marius is also co-founder of LDV Crypto Bank, a cryptocurrency enthusiast and a long-time entrepreneur in European funds investments.

The CEO of KAASY is Sabin Simionescu. He is an experienced programmer, entrepreneur, miner, teacher and web-developer. Also a co-founder of kaasy.ai, has developed blockchain wallets and payment solutions, APIs and trading algorithms. His core experience is in online products development and business optimizations.

CONCLUSION

The short and medium term goals of this project consist of uniting a large community of AI specialists into a project that gives them each a voice to express the directions they want AI development to continue, while the end goal is to develop the infrastructure (both software and hardware) where each person can have a personal AI assistant, tailored to their activities, with private knowledge saved privately, yet with inter-compatible skill sets that can be replicated from one AI to another. We will witness the development of an ecosystem of open-source and commercial applications which will create thousands of high-salary jobs in the next 5 to 10 years in companies all around the world. These companies will capitalize on the opportunity AI is today, creating better products, faster and potentially cheaper.

Website: https://kaasy.ai/

Telegram:https://t.me/kaasy

Facebook: https://www.facebook.com/KaasyAI

Facebook: https://twitter.com/KaasyAi

Bountyhive: bountyhive.io/r/eyesoff







