Decentralized Ecosystem for the AI Industry Powered by Mindsync
The advent of modern technology has really improved the state of life. Every day more and more inventions are emerging to both meet the convenience of the users and as well to ensure an efficient society. Today we have a host of technological innovations the older generations would never have fathomed such as self-driven cars, improved forensic and other clinical operations, machine learning and programs that can mimic human intuition all bolstered by Artificial Intelligence(AI). Artificial intelligence refers to machine services that aid the performance of task normally done by humans. The Artificial intelligence industry has grown gradually regardless of the initial criticism it faced and according to a Forrester Research, the AI Market has a projected value of $1.2 trillion dollars in 2020. Nevertheless the AI industry is still bedeviled by some challenges, Ai services are mostly available to large corporations, acquiring the service of competent individuals with skills in AI, machine learning (ML) and data science (DS) can be quite cumbersome due to the infancy of the industry and lastly the absence of a marketplace for AI products, services and as well as training.
ntroducing Mindsync
Mindsync is a platform built to propel the AI industry into the next level of AI products by creating a decentralized and community-driven ecosystem where customers, experts in fields pertaining to AI, developers as well as suppliers can create, share and get value in return for AI services. Asides from making a marketplace where AI solutions and training can be made available to customers of the Mindsync platform, the platform seeks to make these AI solutions and training more accessible, affordable and readily available for a wide range of customers on the platform. In order to boost productivity and efficiency, the Mindsync takes a competitive and incentive model that promises to reward Participants (experts/developers) on the Mindsync platform that engage in providing a solution to consumer tasks.
Core Features of the Mindsync
- The Mindsync platform helps customers get the best solutions to their tasks requiring AI tech by engaging the services of experts and developers from disciplines such as machine learning, data science, and also hacking. Mindsync boast of a unique workflow in which task s are submitted by customers and are presented to developers in a competitive form, developers are allowed to work in groups or alone and are provided with computing power from miners, cloud providers and also mediums to exchange information amongst them. Experts on the platform help prepare customer tasks and as well as review solutions provided by developers. The mindsync platform is designed to reward all participants in the process namely experts, developers and supplier of computing power.
- Blockchain technology plays a pivotal role on the Mindsync platform and aside from hosting the Platforms utility token, the blockchain also helps to ensure transparency of transactions, immutability, security, and consistency of data. Task solutions are hashed and stored on the blockchain while reviews of solutions, ratings of developers and team is written and stored on the blockchain.
- The Mindsync platform asides from making room to put up AI task also give has a repository of AI solutions from which customers can acquire already created Solutions that fit their need hereby saving time. Mindsync also provide AIaaS (AI as a service) to enterprise so as to allow them to integrate AI solutions via APIs and with the unlimited Computing power on the platform, applications will high scalability will be deployable on an enterprise level.
- MAI is the Mindsync platform utility token built based on the erc-20 standards on the ethereum blockchain with a maximum supply of 1 billion tokens. MAI facilitate investment on the platform, grants access to AI solutions and is used as an incentive to participants of the Mindsync platform who take part in the completion and execution of task put up by customers seeking AI service.MAI is currently available for sale its initial coin offering (ICO) scheduled to end on the 1st of April 2019.
Conclusion
The AI market is sincerely in need of a decentralized and incentivized ecosystem that will facilitate improved interactions between customers in need of AI services, experts in the industry as well as burdening developers and this will ultimately lead to improvement in cost, accessibility and more applications of AI technology. The Mindsync platform by producing this service will definitely be a household name in the AI market in the nearest future.
For more information check out the following channels :
Website: https://mindsync.ai/
Whitepaper: https://mindsync.ai/docs/whitepaper.pdf/
Twitter page: https://twitter.com/mind_sync
Telegram: http://t.me/mindsync_ai
Authors details :
BTT username: Mrsparks
BTT profile link: https://bitcointalk.org/index.php?action=profile;u=1197564;sa=summary