MetaverseNFTCoins.com
  • NFT News
  • Crypto News
  • Blockchain
  • Regulations
  • Scams
No Result
View All Result
MetaverseNFTCoins.com
No Result
View All Result

An Open Network for Artificial Intelligence

November 24, 2021
in Blockchain
Reading Time: 3 mins read
A A
Successful Beta Service launch of SOMESING, ‘My Hand-Carry Studio Karaoke App’
ShareShareShareShareShare

AI (Artificial Intelligence) is undoubtedly a promising and emerging sector. As a whole, this industry is driving the power of advanced machines to process and facilitate critical information more accurately and efficiently, in turn, improving decision-making processes. As this space keeps growing, one project has taken the initiative to incorporate blockchain into the mix, taking things to the next level.

This project is AIWORK, a new and revolutionary blockchain network operating through AI and real human experts. While AI improves the standardization and efficiency, the human experts help develop, verify, and validate the AI data to make it more useful in its overall application.

So what makes AIWORK such a unique project and ecosystem? And, why is it making waves in the blockchain industry? Let’s explore some of the reasons why in more detail.

Why AIWORK?

Both blockchain and AI on their own are extremely powerful forces. Until now, they’ve primarily operated separately. AIWORK is building an ecosystem that merges the blockchain’s immutability, security, and impressive record-keeping features with AI’s machine decision-making abilities to unleash an exemplary product and protocol.

With these two technologies now working in tandem, AIWORK enables far more accurate and useful transcriptions and translations for content owners and distributors. A network of AI scans videos on a scene-by-scene basis, and human experts verify the metadata. Developers can also build their own dApps (decentralized applications) on the protocol.

Beyond the content production side, AIWORK enables consumers to find better results. AIWORK helps online video platforms create more consistent metadata, in turn allowing users to return more accurate search results. By making it much easier for subscribers to search for and locate the desired content, all parties benefit.

AI synthesized with human verification ensures stronger and more reliable data as a whole. The ultimate goal for the network is to create an open, community-based ecosystem where users and customers can thrive via a wide array of benefits.

Key Parties Involved

To keep the ecosystem running and provide services on the network, several key parties are involved.

First are job requestors, who are responsible for submitting jobs to the human expert community. In essence, they represent buyers who kickstart the data verification process on the protocol’s marketplace, assigning jobs and tasks to human experts and validators.

Second, there are human experts, who provide an extra layer of checks to the protocol. These individuals execute tasks to verify the AI’s data output, while also providing additional metadata, ensuring a high degree of accuracy.

Lastly, there are validators, who help verify the work of the human experts within the protocol by assessing the quality of the tasks they’ve conducted. These actors are essential to maintaining the underlying network by facilitating a trust-based system.

Together, all three of these actors make up the end-to-end processes that make the AIWORK protocol so useful and unique.

AIWORK Token

$AWO, the AIWORK native token, plays an essential role in managing and keeping the ecosystem afloat. Job requestors are required to pay for the services of human experts and validators in $AWO tokens. This establishes the token as the currency of the ecosystem.

Human experts receive $AWO as rewards for completing tasks on the network, as long as the tasks are of high caliber. Furthermore, validators need to stake $AWO tokens in order to help provide consensus for the network and validate tasks.

The AIWORK token is therefore not only an asset with the potential to grow in value given the protocol’s promising future, but also as the mechanism that helps drive and coordinate efforts to enrich metadata for online video content.

The post An Open Network for Artificial Intelligence first appeared on BTC Wires.

Credit: Source link

ShareSendTweetPinShare
Previous Post

US agencies unveil ‘crypto sprint’ for 2022 as regulatory debate heats up

Next Post

NFL Soccer Star Odell Beckham Jr making a gift of $1 Million in Bitcoin and can Take His New Earnings in BTC

Next Post
Successful Beta Service launch of SOMESING, ‘My Hand-Carry Studio Karaoke App’

NFL Soccer Star Odell Beckham Jr making a gift of $1 Million in Bitcoin and can Take His New Earnings in BTC

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Weekly Updates

Is Silvergate stock a buy after it suspended preferred stock dividend

Is Silvergate stock a buy after it suspended preferred stock dividend

January 28, 2023
BankProv Stops Offering Loans Secured by Crypto Mining Rigs

BankProv Stops Offering Loans Secured by Crypto Mining Rigs

February 2, 2023
BNPL platforms had more biometric fraud attempts than crypto

BNPL platforms had more biometric fraud attempts than crypto

February 1, 2023
DASH/USD Spikes to the North as Price Touches $58.3 Level

DASH/USD Spikes to the North as Price Touches $58.3 Level

January 29, 2023
QI Blockchain Ecosystem: The Fastest Growing Ecosystem in the World

QI Blockchain Ecosystem: The Fastest Growing Ecosystem in the World

January 31, 2023
MetaverseNFTCoins.com

This is an online news portal that aims to provide the latest NFT news, crypto news, blockchain, regulations, scams, and much more stuff like that around the world. We promise to share only high quality content from the world's best crypto sources. Feel free to get in touch.

What’s New Here!

  • MicroStrategy Reports Record Fourth Quarter Loss – Says No Plan To Stop BTC Trading
  • Is Pi Network worth anything?
  • Binance, Kazakhstan agrees on ‘wait-and-see’ approach in regulating DeFi

Subscribe Now

Loading
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2021 - metaversenftcoins.com - All rights reserved!

No Result
View All Result
  • NFT News
  • Crypto News
  • Blockchain
  • Regulations
  • Scams

© 2021 - metaversenftcoins.com - All rights reserved!

  • bitcoinBitcoin (BTC) $ 23,359.00 1.95%
  • ethereumEthereum (ETH) $ 1,653.17 1.35%
  • tetherTether (USDT) $ 1.00 0.3%
  • bnbBNB (BNB) $ 330.45 0.62%
  • usd-coinUSD Coin (USDC) $ 1.00 0.05%
  • xrpXRP (XRP) $ 0.409874 0.98%
  • binance-usdBinance USD (BUSD) $ 1.00 0.16%
  • cardanoCardano (ADA) $ 0.403684 0.32%
  • dogecoinDogecoin (DOGE) $ 0.091791 1.28%
  • matic-networkPolygon (MATIC) $ 1.22 0.74%
  • okbOKB (OKB) $ 41.18 2.14%
  • solanaSolana (SOL) $ 24.51 2.11%
  • polkadotPolkadot (DOT) $ 6.97 4.24%
  • staked-etherLido Staked Ether (STETH) $ 1,646.24 1.5%
  • shiba-inuShiba Inu (SHIB) $ 0.000012 0.28%
  • litecoinLitecoin (LTC) $ 99.37 0.52%
  • avalanche-2Avalanche (AVAX) $ 21.24 3.33%
  • tronTRON (TRX) $ 0.063810 1.01%
  • uniswapUniswap (UNI) $ 7.08 3.05%
  • daiDai (DAI) $ 1.00 0.14%
  • cosmosCosmos Hub (ATOM) $ 15.02 2.99%
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 23,301.00 2.16%
  • chainlinkChainlink (LINK) $ 7.22 1.18%
  • the-open-networkToncoin (TON) $ 2.35 1.61%
  • ethereum-classicEthereum Classic (ETC) $ 23.03 1.01%
  • leo-tokenLEO Token (LEO) $ 3.37 0.15%
  • moneroMonero (XMR) $ 171.30 3.05%
  • aptosAptos (APT) $ 16.91 3.54%
  • bitcoin-cashBitcoin Cash (BCH) $ 137.35 1.91%
  • stellarStellar (XLM) $ 0.092246 1.09%
  • apecoinApeCoin (APE) $ 5.90 3.07%
  • filecoinFilecoin (FIL) $ 5.62 0.2%
  • nearNEAR Protocol (NEAR) $ 2.47 1.96%
  • quant-networkQuant (QNT) $ 144.04 1.75%
  • crypto-com-chainCronos (CRO) $ 0.080691 1.12%
  • lido-daoLido DAO (LDO) $ 2.30 3.36%
  • algorandAlgorand (ALGO) $ 0.266425 1.9%
  • hedera-hashgraphHedera (HBAR) $ 0.071531 3.83%
  • vechainVeChain (VET) $ 0.024574 0.35%
  • fantomFantom (FTM) $ 0.632385 1.03%
  • internet-computerInternet Computer (ICP) $ 5.83 2.21%
  • decentralandDecentraland (MANA) $ 0.778525 4.49%
  • axie-infinityAxie Infinity (AXS) $ 11.41 1.73%
  • aaveAave (AAVE) $ 89.76 0.98%
  • flowFlow (FLOW) $ 1.17 1.78%
  • the-sandboxThe Sandbox (SAND) $ 0.759156 0.87%
  • eosEOS (EOS) $ 1.09 0.29%
  • terra-lunaTerra Luna Classic (LUNC) $ 0.000195 13.08%
  • elrond-erd-2MultiversX (EGLD) $ 45.50 1%
  • theta-tokenTheta Network (THETA) $ 1.11 0.9%