Langsung ke konten utama

Synapse AI: Decentralized Data and AI Marketplace

Synapse AI: Decentralized Data and AI Marketplace


Present Scenario

Very often, smartphone users are coerced to grant centralized access to their data residing in smartphones to various applications and services. Popular examples include texting and messenger applications exacting the location of users, e-commerce websites tracking the purchase history of customers etc. Customers have qualms about sharing each and every record of data. However, they are often left with no choice and hence, disquietedly concur to granting centralized access to their data. Until now, this scenario hasn’t been challenged. That being said, the evolution of web 3.0 looks promising enough to change and challenge the status quo, all thanks to its three foundational tenets: democratization, decentralization and distribution.

Synapse AI

Synapse AI leverages the aforementioned foundational tenets and functions as a fully decentralized data and machine learning marketplace. It allows anyone and everyone to contribute data. Contributors of data are tokenized and an ecosystem is created so as to provide the greatest benefits to all the members of ecosystem. Users can sell and share only those records of data according to their volition. All this is done through certain intelligent and secure protocols.


Key Stakeholders
The key stakeholders involved in this decentralized data and machine learning marketplace are:
• Data Contributors
• Data Sellers
• Data Purchasers: Organizations and businesses generally come under the ambit of Data Purchasers
• Agents: There are three categories of agents
 Category 1: Smart contractors who address ad-hoc queries pertaining to data
 Category 2: Agents who request, collect and contribute data
 Category 3: Agents who train, confirm and use machine learning models
Dominance of Data Aggregators

The strength of Facebook lies in its users’ sentiments to post statuses and like articles. Facebook is able to bring new features by analyzing the online behavior of its users. Ads and news feeds are customized and targeted at specific audiences so as to enhance their engagement. Facebook makes a fortune through ads. The entire business model of Google heavily hinges on its ability to filter and analyze the queries of users and click-through rates of Ads. Google’s Android leverages location services to understand the patterns pertaining to the offline behavior of users. Likewise Amazon uses viewing and purchase history of users to generate models which throw a series of recommended products to users. All these established names own the entire pipeline of data right from devices to applications. This does a world of good only for those companies and data contributors aren’t benefitted.
This is where Synapse fits into the picture. It intends to liberate data from monopolistic data aggregators by creating Web 3.0 stack: Data & Intelligence layer. This facilitates core AI economies.
Key Components of AI Economies and Synapse Eco-System
• Data Pools: Data Pools are either single or co-related data records from individual agents or aggregate agents.
• Models: Models are the machine learning system which consume data from data pools. More often than not, models are neural networks.
• Services: Services are the access points which represent models and data. They act as gateways for agents and applications
• Ontologies: Ontologies are classifications that establish relationship between various components of the Synapse AI ecosystem
• Marketplaces: Marketplaces are exchange places that enable participants to find and negotiate objects of value.
• Contracts: Contracts facilitate any sort of transactions between various components
• Events: Events are associated with interfaces and listeners which are capable of effecting actionable responses.
For more information visit:

Website: https://synapse.ai/
Bitcointalk ANN Thread: https://bitcointalk.org/index.php?topic=2198553
Bitcointalk Bounty thread: https://bitcointalk.org/index.php?topic=2198555
My Username : baywalk
My Bitcointalk URL : https://bitcointalk.org/index.php?action=profile;u=2442391;sa=summary
My ETH Address : 0xC910982cec417a07Ec380A12808951b45e76DC4b
Telegram :@Baywalk321
Email : baywalk321@gmail.com

Komentar

Posting Komentar

Postingan populer dari blog ini

Review GPM Carbon

What is GPM Carbon? GPM Carbon is funding the launch of an innovative manufacturing facility to address environmental concerns. This project deals with the real sector of the economy, which takes advantage of Blockchain technology. Due to its physical and chemical properties, activated carbon is a unique and ideal material for cleaning. It is currently difficult to mention sectors of the economy where this unique adsorbent is not used. In fact, this is the second material after iron in its widespread use. Activated carbon is a material with a developed porous structure, 87-97% by weight consists of carbon. Activated carbon is obtained by activating carbon crack material. Activation is the heat treatment of carbon fractured material under special conditions, which leads to the formation of many pores, cracks and cracks and is accompanied by a significant increase in surface area per unit mass of the target product. The specific surface area of ​​activated carbon is its most importan...
Posting Komentar
Baca selengkapnya

XPetroleum | Building the Trust Oil Economy with Blockchain

Since the invention of the internal combustion engine, oil and derivatives such as oil and gasoline have become some of the most valuable commodities on our planet. Without these resources, the existence of modern transport as a means of transportation would not have been possible. Moreover, oil is also used for a number of other processes, such as electricity generation, heat supply and much more. At the moment, to meet all the needs of mankind annually produces about 34 billion barrels of oil for a total of 1.7 trillion dollars. It is important to note that oil is a non-renewable resource that needs to be protected. It is for this purpose that a project called XPetroleum is being created, which will improve the process of oil production and supply through the introduction of Blockchain technology. Project objective The main goal of the developers is to create a new generation oil platform based on Ethereum smart contracts, which provides the following opportunities for the...
Posting Komentar
Baca selengkapnya

REFINE MEDIUM: Decentralized Media Platform

In recent years, as media platforms have continued to increase, these platforms have become a place where people can generate serious income.  Social media platforms such as Facebook, Instagram and YouTube have begun to capture every moment of our lives.  In a period when social media has entered our lives so many new applications are emerging every day.  People spend most of their time watching videos in front of a computer.  Many places such as food, product promotions, places he visits are offered to consumers by their producers.  But that bit is real;  In these platforms, data is controlled from a single center and recorded in a single center. Lack of trust, delay in payments, excess of intermediaries, lack of preference for new generation technologies are among the problems in the system.  Today, I  would like to give you information about  the  REFINE MEDIUM  project,  which will provide you with the solution of the...
Posting Komentar
Baca selengkapnya