What Is Basic Intelligence Token?

Basic Intelligence Token (BIT) is a blockchain-based network that seeks to combine Artificial Intelligence with human intelligence by providing storage for human knowledge that is optimized to enable users process AI for creating customized AI systems or offer services to end users using the BIT’s native chatbots.

Additionally, BIT aims at allowing human experts to collect knowledge and information in an Artificial Intelligence knowledge base while facilitating its usage and constantly upgrading it. The network also oversees the sharing of the proceeds fairly.

New decentralized AI Avatars together with CEN are at the core power of BIT. CEN is similar to Siri, Alexa, or Cortana. However, the main difference is the fact that all CEN players have equal rights to propose services to the network that it can use to answer and advise consumers.

BIT’s ecosystem has three main players: miners who offers services to the platform and earn tokens for it, users who use the BIT knowledge base and partners who could own their own AI technology or utilize CEN’s AI.

The blockchain of BIT begins by storing knowledge in a distributed Artificial Intelligence knowledge base. The network then provides an intelligence marketplace by incorporating the skills and experience of a variety of experts. Through the marketplace, users of BIT can add information or consume information from a common Artificial Intelligence knowledge base.

The network will also eliminate the volatility of the current AI systems by providing a communication mechanism where there can be real-time human and AI interaction. Such interactions will improve the system over time by preventing potential problems from occurring.

There will also be AI avatars and chatbots that can be utilized in a wide variety of situations. For instance, they could act as company receptionist or expert medical advisors. This therefore means that the avatars and chatbots can perform some tasks for humans and leave them to perform aspects that are more creative.

The BIT network will provide its users with a mechanism for maintaining their preference and ownership of data while at the same time ensuring the highest levels of security, permission, and privacy are implemented.

The creators of the BIT network have an in-depth understanding of communication networks as they previously built one of the world’s first open PC VoIP networks, global cellular network, and mobile VoIP network.

By creating a partnership between human and artificial intelligence, the network will utilize real time communication technology to enable human moderators into the system and improve the general user experience with Artificial Intelligence.

BIT will provide its users with a means to publish AI collectively thus creating a comprehensive and frequently update knowledge base that they can use to build on each other’s work.

The current AI systems make it difficult to determine user’s inputs that were used to generate certain information and thus rewarding them becomes difficult. The BIT network solves this issue by creating a means of tracking information shared on the AI knowledge base.

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