2018-7-31 09:14 |
Both SingularityNET and Kerik are working together to develop a new decentralized AI based marketplace together. The main foundation of the company, which runs on AI and machine learning, collaborates the use of smart contracts with blockchain tech, to make a highly secure well-run platform.
AI is ideal for this situation as new smart contracts developed by Kerick, operating on semantics— meaning they are essentially a collection of different statements placed together then processed by computer logic— requiring AI to compute all of the mathematical equations, behaviors, and information on the contracts, so they can be deduced and formatted without human labor.
As for SingularityNET, their work is with the smart contracts. Specifically developing the system to integrate Kerick’s open Cog agent, that is running internally inside the network to create a solid foundation for analyzing and operating all the financial needs of the platform.
Improving CyberSecurityCyber-security is in dire need of improving which is why the two companies decided to focus primarily on that, with the use of smart contracts and blockchain Technology. Blockchain has proven time and time again to become to be one of the most secure technologies, immutable and nearly impenetrable the cyber-attacks or fraud.
The new partnership is taking giant leaps in the realm of artificial intelligence and machine learning. Especially with improved meta learning within the artificial intelligence infrastructure, giving the AI the ability to analyze and interpret itself. This can make smart contracts even more valuable than they are. And this is only being done on the operating blockchain created by the two companies SingularityNET and Kerick.
One problem has been seen with artificial intelligence, it tends to contain bugs, malfunctions and other problems inside its system. But with the AI being developed, many of the errors are being erased entirely on an automated level, because it's simply too much work for people on a decentralized network to keep up with, making everything stable. Another issue that needs to be addressed is unexpected behaviors performed by machine learning intelligence, which makes the need for more DApps and layers within the smart contracts to be essential. There must be some type of app developed to ensure that the analysis on the system is accurate.
Eventually, the goal of most companies operating on blockchain tech, is to have Smart contracts that make themselves and are setup by artificial intelligence without the need of human interaction. As of now there are no systems that operate with this type of framework, therefore kinks, weaknesses, or bugs in the system, must be sorted out prior to launch. The needs must be met to solidify the power of the system.
Reliability is everything on a decentralized network operating on blockchain technology, otherwise there's no point to it. Of course, it first will have to be run with several programmers and coders, constantly involved with Engineering the platform, seeing the launch through without bugs. But hopefully as the AI develops a solid base and smart contracts, the platform will be able to run autonomously with the machine logic. On several levels, humans are better at certain actions, but when it comes to mathematical equations and computation, machines are generally faster and better.
The new proposed platform being built right now, plays lead to an entirely new machine language which is somewhat Universal. The purpose is to make it attractive to programmers and Developers. Before that even happens, the AI will have to be set in place and run fully functional by itself. This is all highly technical, running with languages like the Solidity auto logic-based language platform. Both SingularityNET and Kirick already have blockchains operating with their own created languages, so this step is just a part of the process to both. It's likely the software language created for the computer by the two companies will transform the way the decentralized economy operates on a global scale.
Do you think there's a need for a new language to be used in blockchain technology that is universal?
Tell us your answers in the comment section below.
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