NEBULA AI: BRINGING A TRANSFORMATIVE CHANGE TO THE AI INDUSTRY WITH THE AID OF BLOCKCHAIN TECHNOLOGY

emmy92 (42)in #cryptocurrency • 6 years ago (edited)

Artificial intelligence (AI) is the next big thing. We see it uses in the area of Medicine, Engineering etc. Smartphones now have voice and face recognition, some cars are now self-driving, artificial intelligence is indeed helping us change the way we do things.
The only limiting factor in AI is that the knowledge thereof is limited to a certain few, owing to its expensive and complicated nature.
Incorporating AI to blockchain will bring a tremendous change to the world at large.
And as such, a project called NEBULA AI aims to contribute its quota in bringing more change to the society via the use of artificial intelligence on the blockchain.
Nebula AI aims to solve the computing power problems humans faces in the processes of artificial intelligence, in addition, a centre for AI training is already in place in Canada with the aim to teaching developers more about AI.
Nebula AI aims to create a decentralized artificial intelligence computing blockchain called NBAI, where the AI transaction recorded will be irreversible, with GPU mining machines being converted into AI computing services, through the reduction in the cost of energy in traditional Proof of Work (POW).
Cost effective AI services are achieved through the conversion of GPU mining machines, while high concurrency and low latency computing power is achieved through the distributing nature of computing networks thereof.

THE CHALLENGES FACING THE CURRENT AI
The challenges in the current AI includes but not limited to:

It Is Highly Centralized:
The existing cloud services providers like Google and Amazon have been offering artificial intelligence computing. Owing to the fact it is centralized, the services of any user can be terminated anytime. This could be for their own interests or for the government.
But with blockchain technology and owing to its outstanding feature of decentralization, it is possible to design an AI cloud services which can never be blocked.
There is Low Data Privacy Security:
Centralized cloud service providers are always at the mercy of the government. The government can request for users data with threats, thereby leaving the providers with no choice. Apart from that, once there is a data breach, users data are also at risk.
Blockchain takes care of data security through the following processes:
a. Uses a highly redundant database so as to ensure the integrity of information,
b. Multiple private keys are used to gain access,
c. To ensure data protection, cryptography-related principles are used for data verification.
High Maintenance Costs:
Centralized computing centres are expensive to manage because of the heavy workforce.
On the other hand, it is easier to pay for maintenance using blockchain micropayments which also allows lending of computing power. Owing to its shared economy model, the cost of maintenance workforce and computing cost is also reduced.
Low Hash Calculation Efficiency:
The study has shown that GPU Proof of work cryptocurrencies such as Ethereum, Zcash etc consumes a lot of power and hash computing.
These computing powers can be used for AI calculations if properly utilized.
Blockchain Application Development Environment:
Blockchain technology is gaining popularity, with the discovery of new application based on the blockchain. User demand for blockchain is increasing in relation to the diversity of new applications, this exposes more challenges.

SOLUTION

Nebula AI aims to solve the problems facing
centralized cloud computing, via the decentralization of blockchain technology which is aimed at renting and distribution of computing power of artificial intelligence machines worldwide.
The problem of internal data leakage and maintenance of distributed AI circulation units is solved by blockchain encryption technology which hands over various AI calculation unit to the owners thereby reducing the workload associated with maintenance.
These results are achieved through the following ways;

Shared AI Computing Platform:
The unbalanced demand between consumers and suppliers of artificial intelligence devices are solved by this platform.
AI Physical Computing Units:
By proper utilization of simple hash calculations, a large number of GPU computing mining machines can be turned into more meaningful AI task calculation.
Decentralized AI Applications:
This has features such as the payment API, computing capacity estimation, work estimation API, which are used in order to speed up the development of AI applications.
Integrated IPFS Distributed Storage:
In order to replace the traditional centralized cloud storage, decentralized applications requiring distributed file storage systems such as IPFS storage system is used.
AI Engineer Training Center:
Nebula AI aims to give fair play to all involved by building an artificial intelligence training centre (In Canada) which will be used in providing practical knowledge in the field of artificial intelligence.

NEBULA AI TOKEN (NBAI) AND TOKEN SALE

Nebula AI token is an ERC20 token built on Ethereum blockchain. These tokens will be replaced by Nebula AI main chain tokens (in the ratio 1:1) in the future.

TOKEN SALE

CONCLUSION

Nebula decentralized blockchain integrated with AI and sharing economies enables developers to deploy AI applications easily, cheaper, more efficient, more reliable without being limited by the complex nature of AI services.
NBAI ensures that data is not stored nor stolen by cloud service providers, in the long run ensuring data privacy.
Nebula AI decentralized blockchain also allows GPU miners to contribute their GPU hash power to AI computing power thereby allowing for a wide range of AI applications.
This enables Nebula AI to compete with the likes of Google, Amazon etc, in cloud computing services.

TEAM