KOIOS AI- New Project in Cryptomarket

in #crypto7 years ago (edited)

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When you want to talk about an Inovative and Prominent Deal to look for in the crypto market here is one.

In the world we are in today technology landscape Artificial Intelligence (AI) and Machine Learning (ML) technologies has made a big changes from the hard system to an easy one. And by this reason alone we have given the Technology a boom market capitalization which will continue to increase over time.

Never forget AI. Its is the next big deal in every market. And for this and by this reason i recommend KOIOS AI for it is shifting the technology to potential individuals to benefit from as an investment and not alone the easy life it has brought to the community.

I skimmed trough white-paper and found some elementary qualities for profitability and Maximization of ROI:.

● Development cycles are often too expensive for an individual to build viable AI models & constructs.
● The ability to monetize AI content to a global audience is difficult, or non-existent.
● Data sets required to build viable models are difficult to find and costly to obtain at scale.
● Repeatable environments in which to build, iterate and test are difficult to manage.
● The types of systems required for AI development are typically only found in research environments and large tech
firms like Amazon, Google, Alibaba & Facebook

These key takeaways led to the basic concept behind KOIOS AI - provide a globally accessible development environment for the
AI community that allows them to innovate and monetize their skills whilst abstracting the common problems they face.
Subsequently, the challenges expressed by the AI community were distilled into technology requirements then the
requirements were mapped to product concepts and the ideation phase for Koios was complete.
It was during this ideation phase and feasibility study for building KOIOS AI that three key components were identified that
needed to be catered to: a global, collaborative development platform, a distributed computing grid and a marketplace for AI
content.
It soon became apparent that the ability to securely trade & store content whilst leveraging a global network of devices in an
immutable fashion could be a suitable use case for blockchain.
Further research led to Koios choosing blockchain as a foundational technology for the entire platform.

"ROBERT KIYOSAKI - It is more important to grow your income than cut expenses."

Quit alright we all know that the AI technology since existence has efficiently reduced human error's, connect the world, increase profitability, and the genesis of automation and apps.
All of this are for reducing human effort physically and financially. But we never made full access to maximise profit from the AI system and here KOIOS AI is here to give everyone the easy way to do that.

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Basically, Blockchain KOIOS AI is concerned with keeping accurate records, authentication, and execution while AI helps in making decisions, assessing and understanding certain patterns and datasets, ultimately engendering autonomous interaction. AI and blockchain share several characteristics which will ensure a seamless interaction in the nearest future. Three key features are listed below.

  1. There is a high need for security when dealing with high-value transactions on the blockchain network. This is enforced via the existing protocols. For Artificial Intelligence, the autonomous nature of the machines also requires a high-level of security in order to reduce the probability of a catastrophic occurrence.

  2. A decentralized database emphasizes the importance of data sharing between multiple clients on a particular network. Similarly, AI relies greatly on big data, more so, data sharing. With more open data to analyze, the prediction and assessment of Machines are considered more correct, and the algorithms generated are more reliable.

  3. There is no greater threat to the advancement of any widely-accepted technology than lack of trust and neither AI nor blockchain are excluded. To facilitate machine to machine communication, there is an expected level of trust. To also execute certain transactions on the blockchain network, trust is required.

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Going on an understanding on how blockchain technology will transform Artificial Intelligence via KOIOS AI as earlier stated, the advancement of AI technology hinges on the availability of data from a myriad of sources. Even though companies like Google, Facebook, Amazon, etc. have access to large sources of data which can prove useful for lots of AI processes, these data are not accessible on the market.

Blockchain aims to tackle that single issue by introducing the concept of peer-to-peer connection. Since it is an open distributed registry, the data becomes accessible to everyone on the network. The existing data oligopoly comes to an end and an era of open and free data is ushered in.

A very important aspect of integrating blockchain technology and Artificial intelligence via KOIOS AI for example, when you log into Facebook and Twitter, you relinquish the rights to any content you upload onto their platform. The same thing happens when a singer signs a record deal. The same concept can be applied to AI data and models.

When a data has been created for the purpose of model building, licenses which cause restriction or permission can be specified by you. Blockchain technology then makes the process of doing this relatively easier.

To explain, in the blockchain network, permissions to view or use this data is seen as an asset. The same way coins can be transferred on the cryptocurrency platform, these permissions to access information on the network can also be transferred.

All about KOIOS AI

The main concept behind the development of Koios (KOI) platform is to provide a highly distributed and planet-scale ecosystem of products in order to make AI development faster and more convenient for developers. The team believes that this product will provide the following characteristics:

Scalable
Efficient
Reliable
Intuitive
The company has a team of highly skilled and experienced members who design highly resilient and scalable products. It is simple to understand the blueprints of Koios which focus on developing a foundation that enables AI developers to design innovative development in this industry.

The company has developed three main components for their product ecosystem which are discussed below:

The Titan Protocol

This protocol plays an important role in the Koios ecosystem and is beneficial for developing a connection between all discrete components within the platform. The company has a few ideas for developing the Titan protocol in the future. They are part of the early stages of the roadmap, which will be released after the launch of the KOI platform. In the first release, the protocol will allow any user to earn rewards by renting their CPU power to the platform. But users will require a Koios desktop and mobile app to take part in this AI development process.

The users can earn tokens by:

Performing ML model training and data tagging tasks.
Submitting data to the AI Lab.
Performing AI validation tasks.
The AI Lab

This is an AI development platform used to offer access to a library of complementary tools, data sets, and algorithm for the development and maintenance of the Koios team. After the validation process, the contribution of developers and the user community will also be updated on the AI Lab. In short, the AI Lab will work like building blocks that help to speed up the AI development process as well as allowing developers to deploy their formations in a fully hosted environment which can be exposed through API for private and public consumption.

Neural Net

This component of the platform contains a library of AL and ML content. The submitted content of the developers will be technically reviewed by the KOI team to ensure that it meets all industry standards and functions before being advertised in the marketplace.
Developers are allowed to submit the following content:

AI constructs.
Pre-trained machine learning models.
Machine learning algorithms.
Structured and unstructured data.

After the whole research made. I will conclude on choosing KOIOS AI as the best Deal for profitability and Significant in the cryptocurrency market and the globe at large.

Website : KOIOS AI

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