DBRAIN - THE GAME CHANGER FOR ARTIFICIAL INTELLIGENCE ADOPTION

in blockchain •  7 years ago  (edited)

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Artificial intelligence (AI) , the ability of a digital computer or computer-controlled robot to do tasks commonly associated with intelligent beings. The term is often applied to the project of developing systems endowed with the intellectual processes characteristic of humans, such as the ability to reason, discover meaning, generalize, or learn from experience.

Since the development of the digital computer in the 1940s, it has been demonstrated that computers can be programmed to carry out very complex tasks—as, for example, discovering proofs for mathematical theorems or playing chess with great skill. Still, despite continuing advances in computer processing speed and memory capacity, there are as yet no programs that can match human flexibility over wider domains or in tasks requiring much everyday knowledge. On the other hand, some programs have attained the performance levels of human experts and professionals in performing certain specific tasks, so that artificial intelligence in this limited sense is found in applications as diverse as medical diagnosis, computer search engines, and voice or handwriting recognition.
According to the online data site Statista , in 2018, the global AI market is expected to hit an estimated $4 billion, a figure that's expected to jump to $10 billion by 2020.

DBRAIN PLTAFORM
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One company at the forefront of advancements in the AI space is Dbrain. Best described as an open blockchain platform for collectively building AI apps, Dbrain links AI developers and businesses with crowd workforces from low- income countries, creating a win-win situation for all participants in the rapidly growing AI market. Dbrain makes AI more accessible to businesses by connecting them directly to data labellers, and allows anyone to earn money in exchange for their effort and skill in building AI apps.

Founded in the summer of 2017, Dbrain secured $2.5 million in seed funding and reached a significant milestone by releasing the Alpha version of its platform, including a web application and a Telegram bot. Driven by the idea of engaging data labellers in revenue distribution within the AI market, Dbrain aims to link the crowd workforce in low- income countries with AI developers and businesses. Dbrain's platform is the connection hub for all parties in the AI app development process. According to Dbrain, there are four major elements to this:

**Data owners upload data and host datasets on the platform.

**Crowd workers perform data labelling and validation and are paid instantly with cryptocurrencies.

**Data scientists build and train neural networks and create AI apps.

**Businesses can use the existing solutions or ask new ones from AI developers.

MARKET CONTEXT

Dmitry Matskevich, chief executive officer and co-founder of Dbrain, said that the platform has the potential to reach 2 billion unbanked people in low-income countries and provide them with additional income streams in tokens, which are often more stable than local fiat currencies.

"Of course, talented and highly skilled engineers are vital for AI development," Matskevich said. "But the truth is, their tech won't work without the input from less-skilled workers in developing countries, who analyse, mark up and create those large datasets. Dbrain wants to create a community which is involved in income distribution as much as in the development process.

" Matskevich, who is a serial entrepreneur and self-described "data geek," noted that Dbrain's platform integrates the AI app production cycle into a single product that automates most of the "human-in-the-loop" workflow. It's currently, he said, the only working solution that combines functionality to label data, create customized models, ensure data security and validate the mark-up results with cryptocurrency payments and pay-outs to both labellers and AI developers.

THE CONVERGENCE BETWEEN BLOCKCHAIN AND AI

For Ai to gain massive adoption there are several hurdles it needs to cross and AI needs a strong Technology like Blockchain to back it up.

Having worked on previous AI projects, including high-scale solutions for the agricultural industry, the Dbrain founders came to the epiphany that the secret weapon of AI technology isn't just about intelligent code. Rather, it's the data that the code crunches. They found that large datasets are mainly owned by corporations like Google and Facebook, who set the price and have the power to prevent smaller players from entering the AI development industry. Data labelling, however, mostly falls onto less-skilled workers in low-income countries, who now receive only a fraction of market incomes. "Eighty percent of AI is data," said Aleksey Hahunov, CTO and co-founder of Dbrain. "Datasets for machine learning are still labelled by hand and need a lot of effort .Dbrain provide a simple tool for crowd workers and data scientists to turn data into real-world AI solutions. Dbrain connects all parties and seamlessly integrates all stages of AI app development and deployment into a single product that democratize AI."

To ensure fair revenue distribution and transparency throughout the Dbrain network, blockchain protocols and an internal cryptocurrency will be employed. Blockchain make these processes faster, increase security and acheive high-quality results at the lowest price. Dbrain coin is the internal currency that parties use to pay and receive for work, data and AI app usage on the platform..

Conclusion

"We believe that AI will drive global economic growth and has a potential to disrupt all industries and professions," Matskevich said. "More importantly, it can improve the welfare of billions of people, minimizing the income gap between countries. We want to beat the barriers which cramp AI expansion across the globe by creating an infrastructure for its growth. Dbrain democratize AI, makes it accessible to every business and lets anyone earn money in exchange for their effort and skill in building AI."

Dbrain might face competition from similar players in the industry such as Effect AI, what will keep Dbrain afloat will be the consistent effort of the team and advisors to roll out updates at all time

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Great article. D'brain really got a good vision. Bagging some

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Nice article . Love dbrain already!!!

Cool info on Dbrain, i will still research more about them before investing.

AI in motion. Awesome project

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Great article. Will visit the website for more information.

Great article. D'brain really got a good vision. Bagging some

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Artificial Intelligence is a big market and it is all about data< Dbrain is taking the lead in building AI app, got relevant information from your article.

Bringing Ai to the spotlight. Huge project i must say and excellent review by the way.

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