Combined, cryptoassets being the new ‘gold’ and information being the new ‘oil’, these make for a powerful hybrid asset class. According to the Economist: “The world’s most valuable resource is no longer oil, but data”. What they forgot was to combine the crytpocurrency industry (gold) with the information industry (oil). When you do this the opportunity becomes exponentially greater and has the potential to translate to massive gains for investors similar to what happened to early oil and gold investors.

What are today’s data and Artificial Intelligence crypto’s with the most upside? Here are 4 companies on track to take advantage of the opportunity in leveraging this new “oil” in the wonderful world of crypto!

SALT

SALT’s Secure Automated Lending Technology allows you to keep your bitcoin, ethereum & crypto and get your cash. Competitive interest rates & no credit checks.

SALT is constructing a bleeding-edge, mission-critical, revolutionary technology that will be used by crypto holders all over the world. SALT distinguishes itself as the premiere liquidity provider for large crypto investors including individuals, mining operations, exchanges and other institutions in the blockchain ecosystem.

SALT has expanded its platform to include Litecoin — clients can now secure cash loans backed by Litecoin, Bitcoin, and Ethereum recently. In addition, SALT is now offering USD loans with interest rates as low as 5.99% for loans below $75,000 or as low as 11.99% for loans up to $25MM. For loans greater than $25MM, tailored options are available. Loan amounts and interest rates vary by jurisdiction.

Days ago, they announced the popular Dogecoin as its latest collateral option for clients seeking to leverage their digital assets to secure a USD loan. SALT has seen increased loan demand from an international standpoint, specifically from the UK, New Zealand, Hong Kong and Vietnam. Now, the company is continuing the momentum by adding a fourth collateral option for its clients.

Rating: Ground floor long term buy

Vectorspace AI

The Vectorspace platform provides the ability for baskets to minimize their losses or error rates. In other words, to determine for themselves whether or not to include additional cryptocurrencies or components from related baskets that may increase overall returns. Smart Basket ETFs that interact this way with one another will conduct these kinds of transactions between one another using the Vectorspace Utility Token, VXV, which is also required to dynamically generate baskets.

Specifically, they build datasets and augment existing datasets with additional ‘signal’ for the purpose of minimizing a loss function, increasing signal, generating alpha or profits of course!

They recently introduced the VXV wallet-enabled API key which allows any company to subscribe to our API services in addition to transacting datasets on-demand up to 1000 calls per day for real-time analysis. At this point they’re looking at generating revenue as theirnext milestone based on tiered subscription levels with each level requiring a different amount of VXV depending on the service offering in addition to other revenue streams.

They’re doing a reddit AMA at r/AskScience which from the description, looks interesting. Although they only trade on IDEX they’re scheduled to list on larger exchanges according to their telegram channel.

Rating: Ground floor long term buy.

Bluzelle

Using the concept of fog or swarm computing, Bluzelle follows a model where every unit of data is 100% replicated in a single leaf swarm among a swarm of swarms. So while the data is only in one swarm, that swarm’s nodes are aplenty and are geographically dispersed, immune to localized outages caused by either natural or human-related events.

If you’ve heard of torrents (or BitTorrent) and seeds, what Bluezelle does is something similar. When data is requested, it is done in parallel where chunks (shards) are requested from all the different swarms that contain those shards, and these are all retrieved in parallel, resulting in desirable performance metrics.

Using concepts taken from NoSQL (non-relational SQL), Bluzelle’s first incarnation is a keyvalue storage that exploits horizontal data sharding partitioning concepts to split databases, irrespective of size, into smaller, faster, and more easily managed parts called data shards (shard means “a small part of a whole”). Bluzelle takes this concept and marries it with blockchain concepts to create a powerful economy of producers and consumers. In modern nomenclature, it is a crypto-economic network.

Consumers use Bluzelle’s database services provided by the collective whole (all the producers), and in turn pay for the services using the Bluzelle ERC-20 Token (BLZ) and Bluzelle Native Token (BNT). They have control over attributes that dictate how and where their data is stored, that will affect the BNT cost for these services.

Rating: My fund is rating Bluzelle as a long term buy!

SingularityNet

SingularityNET is an open-source protocol and collection of smart contracts for a decentralized market of coordinated AI services. Within this framework, the benefits of AI become a global commons infrastructure for the benefit of all; anyone can access AI tech or become a stakeholder in its development. Anyone can add an AI/machine learning service to SingularityNET for use by the network, and receive network payment tokens in exchange

Recently, SingularityNET partnered with Mindfire. As the Tech Oligopoly monopolizes the AI talent, SingularityNET can leverage the Mindfire Network to increase the collaboration of all the talent pools of open access networksthat are willing to unite under the Decentralized AI Alliance (DAIA). Such a network will enable the AI talent pool of SingularityNET to find the relevant knowledge, access the right people and collaborate to create new services and solve challenges that they cannot do so alone.

SingularityNET has already taken the first step to greater connectivity and communication. In SingularityNET there will be a “Mergence of Minds”. SingularityNET will allow its AI Agents to exchange information and value with each other without any barriers. According to SingularityNet: “As the communication networks evolve and our connectivity with each other increases, as our brains merge with the AI of the future, we would be able to transfer information to each other directly — from one brain to another. Such a “Mergence of Minds” will increase not only the speed of communication, but also their quality. That communication would include our recorded experiences, as we lived them, similarly to how it would be displayed in virtual reality.”

Rating: This one is hard to pass up!

Conclusion

There going to be an explosion of data and these companies are well positioned to take advantage of what could be one of the largest gold rushes in history as information is the new oil and crypto is the new gold!