NEBULA AI — The Third Generation Blockchain

AI : We need to organize the world’s information and make it universally accessible and useful, and AI is enabling us to do that in incredible new ways — solving problems for millions of people around the world.

AI makes it easier for us to do things every day, whether it’s searching for photos of people you love, breaking down language barriers, or helping us get things done with our own personal digital assistant like we have on our devices. It is also providing us with new ways of looking at old problems and helping transform how we work and live, and the biggest impact will come when everyone can access it.

AI, as the term is most often used today is, simply put, the theory and practice of building machines capable of performing tasks that seem to require intelligence. Currently, cutting-edge technologies striving to make this a reality include machine learning, artificial neural networks and deep learning.

Blockchain And It’s Advantages:

Blockchain is the digital and decentralized ledger technology that records all transactions without the need for a financial intermediary like a bank. It appears to offer five distinct advantages over existing payment facilitation networks that could make it a go-to technology for the financial services industry (and other industries) in the future.

It’s advantages includes:

1. Transparency
2. Reduced transaction costs
3. Faster transaction settlements
4. Decentralization
5. User-controlled networks

Need to have AI in Blockchain?

Basically, Blockchain is concerned with keeping accurate records, authentication, and execution while AI helps in making decisions, assessing and understanding certain patterns and datasets, ultimately engendering autonomous interaction. AI and blockchain share several characteristics which will ensure a seamless interaction in the nearest future. Three key features are listed below.

I. AI and Blockchain Require Data Sharing

A decentralized database emphasizes the importance of data sharing between multiple clients on a particular network. Similarly, AI relies greatly on big data, more so, data sharing. With more open data to analyze, the prediction and assessment of Machines are considered more correct, and the algorithms generated are more reliable.

II. Security

There is a high need for security when dealing with high-value transactions on the blockchain network. This is enforced via the existing protocols. For Artificial Intelligence, the autonomous nature of the machines also requires a high-level of security in order to reduce the probability of a catastrophic occurrence.

III. Trust is a Requirement

There is no greater threat to the advancement of any widely-accepted technology than lack of trust and neither AI nor blockchain are excluded. To facilitate machine to machine communication, there is an expected level of trust. To also execute certain transactions on the blockchain network, trust is required.

Open Market for Data

As earlier stated, the advancement of AI technology hinges on the availability of data from a myriad of sources. Even though companies like Google, Facebook, Amazon, etc. have access to large sources of data which can prove useful for lots of AI processes, these data are not accessible on the market.

Blockchain aims to tackle that single issue by introducing the concept of peer-to-peer connection. Since it is an open distributed registry, the data becomes accessible to everyone on the network. The existing data oligopoly comes to an end and an era of open and free data is ushered in.

Large-Scale Data Management Mechanism

Even after the data has been made available, managing it is another hurdle to scale. The amount of data currently available right now is estimated to be 1.3 Zettabytes. There is a subfield of AI known as Artificial General Intelligence which can be modeled as a feedback control system. This feature helps autonomous agents interact with the physical environment better.

Control over the Usage of Data and Models

This is a very important aspect of integrating blockchain technology and Artificial intelligence. For example, when you log into Facebook and Twitter, you relinquish the rights to any content you upload onto their platform. The same thing happens when a singer signs a record deal. The same concept can be applied to AI data and models.

When a data has been created for the purpose of model building, licenses which cause restriction or permission can be specified by you. Blockchain technology then makes the process of doing this relatively easier.

To explain, in the blockchain network, permissions to view or use this data is seen as an asset. The same way coins can be transferred on the cryptocurrency platform, these permissions to access information on the network can also be transferred.

What is Nebula AI?

Nebula AI is a decentralized artificial intelligence computing blockchain (NBAI) that reduces the energy costs of traditional Proof of Work by converting GPU mining machines into AI computing services.The AI transactions recorded on NBAI will be irreversible. The distributed computing network also ensures high concurrency and low latency computing power. The conversion of GPU mining machines makes it possible to provide more cost-effective artificial intelligence services.

With the Nebula blockchain, developers can deploy their Artificial Intelligence applications easily on a blockchain platform. The integrated API/SDK and payment services allow the developers to earn revenue based on the AI smart contract.

Nebula AI also allows the GPU miners to contribute their GPU hash power to AI computing power which allow for a variety of AI applications. This invention allows Nebula AI to compete with the pricing of Amazon and Google cloud computing services.

Nebula AI will cooperate with large-scale third-party Internet data centers to provide adequate computing power for AI computing. Nebula AI has established an artificial intelligence training centre in Canada. System-based quantitative finance, image identification and other blockchain applications are also in development.

The well-developed NBAI ecosystem integrates the top-level applications such as DAI App, scientific research and application, university education, and the bottom-level of NBAI blockchain, Artificial Intelligence Mining Machine and Artificial Intelligence Data Center. The innovative economic model of NBAI ecosystem is the realization of a complete set of value-added economic systems.

The Objectives of Nebula AI:

Shared AI Computing Platform : The shared AI computing device platform will address the unbalanced demand between consumers and suppliers of AI devices. Suppliers of AI computing devices cannot use 100% of their computing power, which leads to some computing resources being idle. On the other hand, a large number of users who need the computing power of artificial intelligence cannot obtain the economical and efficient AI computing resources. Peer-to-peer payment in blockchain technology, as well as blockchain ledger technology, enable shared AI computing to be paid and shared in the most convenient way.
AI Physical Computing Units : A large number of GPU computing mining machines can be converted into AI computing units, from simple hash calculation into more meaningful AI task calculation. Due to the particularity of AI calculation, it is necessary to pre-install the specified system and regularly update the client, including the ledger system, in order to play hardware performance better and share AI computing power.
Decentralized AI Applications : Decentralized AI Applications system requires a corresponding interface for DAI App programmers to invoke conveniently and use the platform’s computing power. It includes the payment API, computing capacity estimation API and work estimation API, etc., in order to speed up the development of AI applications.
Integrated IPFS Distributed Storage : Decentralized applications require distributed file storage systems to store data. An option is the IPFS storage system to replace the traditional centralized cloud storage or local file storage, in order to achieve better distributed storage. InterPlanetary File System (IPFS) is a protocol and eponymous network designed to create a content-addressable, peer-to-peer method of storing and sharing hypermedia in a distributed file system. The nodes in the IPFS network will form a distributed file system . Most of the future IPFS will use cross-chain service. Please read the section of Cross-chain Service Usage to know more about cross-chain technology.
AI Engineer Training Center : Nebula AI will establish a systematic artificial intelligence training center to provide practical knowledge in the field of artificial intelligence. Engineers gradually create and train artificial intelligence models in product design through system learning and project operations. We are dedicated to disseminating the latest applications and knowledge in the AI industry and developing and delivering outstanding AI talents. Our mission is to fill the talent gap, give full play to the power of artificial intelligence in business.
The Technology Behind This:

Conclusion:
As the world’s first AI blockchain system, Nebula AI is dedicated to driving the advancement of artificial intelligence technologies, building a credible trust-based blockchain, creating social value and serving all of humanity. NBAI builds the next generation of AI blockchain infrastructure platform that enables developers in many industries to truly develop, compute and deploy artificial intelligence with high efficiency, low cost, safe and reliable, without worrying about the underlying development, system configuration and environment setup.

NBAI can be considered as a consensus system for decentralized data. As the value carrier, NBAI Tokens realize the value flow of artificial intelligence in NBAI ecosystem. Traditional Internet connection can solve the problem of data communication, while NBAI further solves the problem of data consensus on the basis of traditional Internet. Compared with a large, centralized platform, NBAI can avoid data being stored or stolen by service providers and realize the public processing tasks while ensuring data privacy.

The rapid development of blockchain technology has made it possible to realize the digital credit society. NBAI will inject more fresh and vibrant blood into the development of global blockchain technology and look forward to pushing artificial intelligence, an important area where human society can change, to new heights.

Excited to Learn More About the Project

Visit : https://www.nebula-ai.com

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NEERAJ PODDAR

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