Nebula AI: Decentralized Platform For Cost-Effective Articial Intelligence Computing

in blockchain •  7 years ago  (edited)

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INTRODUCTION

The blockchain is a new technology that have brought about digital revolution in today's cyberspace, which transcends the internet and affects the real life in more ways than one. Blockchain technology is designed such that it brings digitalized trust mechanism which ensures high levels of integrity than ever seen before. It has also eliminated almost all unnecessary third party involvements in any transaction, either financial or data, and made security and fidelity of data and information an attainable goal. Due to its decentralized feature, its not controlled by one party and thus any project built on the blockchain technology cannot be shut down on the whims or caprices of certain stakeholders. Another interesting feature of the blockchain is its ability to cut down drastically on the financial and manpower resources expended on carrying out transactions, this can be attributed to the elimination of middlemen and third parties in transactions.
These features make the blockchain technology ideal for improving on the existing projects and also the natural choice for achieving hitherto impossible feats in virtually all aspects of life from healthcare to finance, artificial intelligence to agriculture and everything in between.

One aspect of life that stands to benefit immensely is artificial intelligence computing. Artificial intelligence has seen a lot of application in different sectors in recent times. Although the industry so far has been restricted a very few privileged stakeholders who can afford the huge resources needed to compute thus making it a very expensive commodity for both developers and users.
With the breakneck speed advancements witnessed in our world today, the time is quite ripe for artificial intelligence computing to be brought into mainstream and made accessible to all. And what better way to achieve that than to build an artificial intelligence system based on the blockchain technology?

NEBULA AI PLATFORM

The Nebula AI is a decentralized artificial intelligence computing system built on the blockchain technology. It is committed to providing lasting solutions to problems facing the traditional artificial intelligence computing systems currently in place and making the technology easily accessible at minimal costs.

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CHALLENGES OF TRADITIONAL AI COMPUTING SYSTEMS

The way in which AI is computed currently comes with several challenges that have been hindering its progress (although its being integrated in various aspects of living, it is currently not being maximally used as it should) which in a nutshell can be said to be the high entry barrier. This is as a result of several factors as listed below:

  • The centralized nature of current AI computing. Amazon and Google provide cloud services of AI computing and being the major stakeholders, they determine how and when to terminate a user's contract to suit their or government's whims at the detriment of the user. This is general issue when it comes to centralized services and is one of the major challenge addressed by the blockchain technology.
    -The data security issue. Even though centralized platforms have several security measures put in place to ensure data security, there's really no surefire way to guard against internal leaks which may comprise stored data. Also, because they're answerable to the government, government may request for data and in the process of transfer, these data are exposed and therefore may be tampered with. Generally, no matter how sophisticated the security of a centralized platform is, there is always the risk of security leaks and also, the more sophisticated the security, the more expensive it gets and this makes it even less attractive to those who can't afford it.
  • The maintainance costs for a centralized system is very high in terms of money and workforce.
  • High energy power consumption. Investigations show that bitcoin mining alone consumes more electrical power than 159 countries do annually, and if not checked, this will pose a huge problem in the nearest future.

To solve most of these challenges, the blockchain technology comes into play and duevto its decentralized nature, there's no fear of outside influence that can lead to termination or blockage of service.
Also, blockchain technology uses an end-to-end encryption algorithm technology to ensure that only the owner of the private keys can have access to data or information stored. This ensures highest form of security and fidelity of data.
Micropayment available on blockchain makes it infinitely easier to pay for maintainance. Its shared economy model also makes it possible for one to lend his computing power, further reducing company and workforce costs.

THE NEBULA AI SOLUTION USING DApp

DApp, Decentralized Applications, are applications built on a node of decentralized peer-2-peer network servers and comprises 3 parts - smart contract, front-end presentation layer and background server.
The rapid growth of Ethereum have seen a concurrent rise in the number of DApps developed.
DApps have been used for several artificial intelligence projects but as the AI is computational power intensive, especially as research has been moved form CPU to GPU computation, it becomes necessary to step up the game of the DApps in use.
Nebula AI blockchain is poised to solve the computing power needs of developers working on artificial intelligence and reducing the overall cost to all stakeholders. It aimscto achieve this feat by building Nebula Artificial Intelligence blockchain system (NBAI) with the capacity to reduce energy requirements of contemporary proof of work, PoW, by converting mining machines based on the GPU computing into AI computing services. This will then harness the hash computing powers of such entities and efficiently utilize them for computing at reduced energy costs.

On the Nebula AI platform, AI developers uses NBAI generic programming interphase to develop their own DAI Apps and earn NBAI tokens by publishing paid or free Apps. Users can access these Apps by paying with the NBAI tokens as well and all transactions on the NBAI platform is irreversible.

The conversion from GPU mining greatly reduces the extremely high energy requirements and makes the provision of cost-friendly Artificial Intelligence to users and makes AI adoption more mainstream. This, in a nutshell is what the Nebula AI aims to achieve.

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THE NBAI ECOSYSTEM

The NBAI ecosystem consists of 2 distinct parts - the NBAI foundation and the NBAI system. The NBAI system brings together the top-level applications like science research and application, DAI App, university education and the lower-level comprising AI mining mechanism, NBAI blockchain and AI Data Center.
NBAI foundation on the other hand supports the operations, development and management of AI joint labs, blockchain development platforms and engineer training centers.

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You can visit their website at https://nebula-ai.io

Or check out their bitcointalk ANN page at https://bitcointalk.org/index.php?topic=2928531.0

Writer - Ebykamsiokoro

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Article succinctly written and self explanatory, AI is the new way to go as displayed by Nebula team.

I'm deeply interested in what nebula brings to the cryptocurrency community

This is real good. AI is a disruption and Nebula is bringing it

This article is very rich and very informative.
Thanks for sharing.

This project is aimed at changing the field of artificial intelligence. Great project