Transcodium will provide APIs, Console and GUI Applications for customers to aid in a rapid transcoding process. Before processing starts for each transcoding request, the initiator (customer) will be provided with the estimated cost for approval, once approved, the initiator’s wallet will be debited for the processing to commence.
The integrity will be maintained by the proof of conversion. To get the reward, the peer has to submit a proof of conversion before the assigned timeout else the network will mark the task as aborted.
The transcoding process starts when a master node receives a request from the initiator, the master node will then analyze the file, split large media files into smaller chunks, encrypt them and distribute them to idle workers with instructions.
Data transfer between the master node and a worker will have an end to end encryption for maximum privacy and security.
Operation of a master node and workers on the Transcodium network.
TRANSPARENCY ON THE NETWORK
The use of smart contract will enable transparency on the network, vital information such the file duration, the amount the initiator was charged and the amount paid to workers will all be on the public ledger.
PROOF OF STAKE ACTIVITY
To achieve a better-decentralized consensus, the Transcodium network employs the proof-of-stake type of algorithm where workers are randomly selected based on their wealth and age of account.
PROOF OF CONVERSION PROCESS
The proof of conversion agreement between the master node and a worker states that, a worker has to complete its task within the given time range to receive the reward, during processing of data, the worker sends progress update to the master node, the worker must complete processing the data before the assigned timeout else the network will mark the task as aborted or inactive and will award that same task to the next available idle worker.
WORKERS AND TRANSCODIUM APP
Workers are idle devices responsible for processing data on the network. Any device with an internet connection and capable of installing their application can be a worker.A worker can earn more rewards if it has higher specifications such as a multi-core device or GPU based devices.
Transcodium network will enable customers to avail unlimited processing power in a very cheap compensation for the task. Customers will be able to select a price from the range of prices provided by the TNS regulation, the higher the price the faster the file conversion and vice versa.
Customers or initiators will have three types of interface to ease the conversion process:
The customer can select where to export the file after processing, destinations such as Facebook, YouTube, Twitter, SFTP, Amazon AWS, Google Drive and etc will be supported.
( TNS ) TRANSCODIUM TOKEN
TNS token is an ERC-20 compliant Ethereum based token which is designed to work on Transcodium network. The token will be a mean of payment within the network.
EACH TOKEN OFFERS THE FOLLOWING RIGHTS TO ITS HOLDER:
Transcodium intended to use funds received during TNS token sale for further development of the project, payment of salaries and future expenses.
|For Sale||86,400,000 TNS|
|Emission Rate||No new tokens will be created|
|Minimum Goal||$500,000 USD|
|Maximum Goal||$30,000,000 USD|
Read more: Whitepaper
THE AIRPOD “PRIVATE CAPSULE”
The AirPod offers all of the features provided by the competition, but with several distinctive advantages in terms of entertainment (Amazon Fire TV and vibration plate integrated into the seat), design, quality, privacy (soundproof), comfort and anti-stress / relaxation methods (smell, vision, and hearing).
According to scientific studies, various scents, sounds, and colors stimulate cognitive recognition in the brain. That is why AirPod has integrated technology, which targets their three most important senses – smell, vision, and hearing.
In a recent survey that was conducted on 10,000 international travelers by Skyscanner. They were asked which airport features they wanted to see the most. In total, 36% of respondents wanted to see sleeping pods at airports.
Airports are recognizing this need, with sleeping pods being installed for the first time in Europe at Helsinki Airport in 2013. Since then, several airports have followed. According to the Viral Trends, two of the top 5 best airports for sleeping are equipped with sleep pods (Tallinn and Helsinki).
The global airport sleeping pods market was valued at 55 million USD in 2016 and is expected to surpass 75 million USD by 2021.
The Core business of the company is renting AirPods. They will enter the market, prove the business model and test the product on users by partnering with a distribution partner.
Project partners and their roles:
DEVELOPING THE CAPSULE
Developing and manufacturing process involves over 15 different suppliers, more than 10 partner companies, 2 engineers, 4 industrial designers and 5 software developers. Over 30 people are actively developing the product.
The key components of the AirPod are as follows:
The Platform – Decentralized Application Platform (DApp) Using Blockchain Technology and Tokenization.
Blockchain technology is essential for their business growth and strategy. The custom Blockchain they are creating will assist them to meet their objectives as a company.
Web, mobile, and distributed applications will be developed to simplify interaction between AirPod users and the AirPod platform. Users will be able to:
A total of 250.000.000 APOD Tokens (“Total Cap”) will be generated at the first block and distributed according to Token Distribution Plan.
|Start of Token Crowdsale||March 2018|
|Soft Cap||$2.7 million|
|Max. Hard Cap||$20 million|
|Total supply||250.000.000 APOD|
|APOD Distributed in the Crowdsale||200.000.000 APOD (80%)|
Read more: Whitepaper
AirPod Campaign: https://bountyhive.io/join/AirPod]]>
As time goes on and as more individuals adopt emerging technologies, the ecosystem is expected to continue to expand and experience a form of scattering. Publishing content online grants content creators access to a broad and distributed international audience.
iShook plans on being a platform not just for facilitating publishers and readers, but also artists, musicians, actors, and any content developer seeking a better way to expose and monetize their material globally.
iShook is seeking to enhance its singular network to facilitate and host digital content and increase content creators visibility.
A reader can then consume content directly from authors, and share their thoughts and insights straight through a social networking platform containing like-minded individuals.
ISHOOK WEB PLATFORM
iShook currently facilitates over 12,000 publishers and over 60,000 ebooks through their partner “Gardners UK” www.gardners.com. Their platform serves the needs of users who wish to share their experiences across a list of social networks, all while hosting content natively.
Blog and E-Commerce store
As an extension to their already existing web application, iShook will also feature a blogging platform known as iShook Daily. The platform acts as an aggregator to serve users enticing and engaging content on a frequent basis to add to their daily experience.
The blog will aggregate popular content genres including (but not limited to):
iShook will feature the ability for authors to link their products (i.e., Books, mugs, marketing materials, etc.) to an e-commerce store of their choice.
Having a mobile application is integral when facilitating a 21st-century community. The iShook mobile demand will play a large part in their user’s lives on-the-go as they not only read but share their intellect and insights to the iShook community.
A few of the already integrated features include:
Verification and proof of identity in the digital service world is a challenging yet critical component to ensure the intentions of providers and consumers. As more and more services move online – and fraud continues to grow – this is of paramount importance not just to individuals, but to the businesses and governments with which they interact.
iShook Tokens will be minted off of the Ethereum blockchain as ERC-20 standardized tokens. The importance of iShook Tokens adhering to this standard is that they are compatible with any ERC-20 compatible wallet (MyEtherWallet, MetaMask, IMToken, etc.)
Cryptocurrency has been a unique and growing way to not only grow brand awareness, but a way to place power back in the hands of individuals who interact with systems by offering a specific form of valuable utility.
Content creator efficiency
Content Creators will be able to manage their own accounts. In effect, they will be in their own silos, with the success of each content creator depending on his own efforts, and not those of other Content Creators.
To recap, each content creator will gain the following benefits (but aren’t limited to these items) through the introduction of the iShook Token on the platform:
|1 ETH||0.1 ETH||1,000|
|1 BTC||0.1 BTC||36,000|
|1 BCH||0.1 BCH||3,000|
|1 LTC||0.1 LTC||500|
|1 XRP||25 XRP||1|
Read more: Whitepaper
iShook Campaign: https://bountyhive.io/join/iShook]]>
The Swapy Company envision a world of efficient credit markets, with no barriers to entry for new players, where consumers have the power and reap the benefits of Universal Access to Credit.
These applications are:
They propose that the potential and need for Swapy Network is motivated by the convergence of several extant factors. These include the global pervasiveness of under-served populations where credit is concerned, interest rate disparities between countries, asymmetries in data access and ownership, data integrity, costs of servicing credit demand, and preferred modalities for conducting transactions.
THEIR SOLUTION: SWAPY NETWORK
Swapy Network is a decentralized protocol that aims to connect the various participants within the financial industry:
How does Swapy Network aims to solve the problems of access to credit?
This is Swapy Network market-based approach to accomplish the dream of Universal Access to Credit.
The Swapy Token (SWAPY) is a ERC2012 token and the basic unit of value in the Swapy Network. One unit will have 18 decimal points, which means that the lowest value one can hold is 0.000000000000000001 SWAPY.
The Swapy Token is an utility token and it will be used to:
Swapy Financial ID relies on smart contracts for self-sovereign identity, which is the basis for identification inside the Swapy Protocol.
The Swapy Exchange is a market-based solution for more globalized and more efficient money markets. Each country has different return expectations on invested capital.
To be able to raise funds in the Swapy Exchange, every lender must be fully compliant with the countries they do business with. Some taxes may be levied when investors collect paybacks.
Therefore, the investor will only pay the income tax on the profits taken. In the Swapy Exchange, Swapy team expect the following:
The Swapy Exchange has many use scenarios. The Swapy team is unable to predict every feature that can be added to this component.
New entrants can offer products and services on the Swapy Network and get paid in Swapy tokens.
In this section, they present the multiple flows encompassed by Swapy Network. They provide a technical overview of Swapy’s smart contracts as well as the proposed decentralized applications.
Currently, their focus is to provide the basis for a B2B fundraising ecosystem, the technology for a financial identity valid worldwide, and the aspects for a data/insights market that relies on the financial identity as a source.
Swapy Network is an open-source project managed by the Swapy Company, a company fullyowned by Credit Dream, Inc.
|Total supply||100,000,000 SWAPY Tokens|
|TGE price||USD$0.65 = 1 SWAPY Token|
|Hard Cap||USD$ 30,000,000|
Read more: Whitepaper
“This is the fastest, most secure and cost-efficient way to spend your cryptocurrency in everyday life”
DIW’s unique concept plans to put an end to the following issues plaguing their modern world:
SOLUTION WITH DIW
DIW plans to bridge and solve all aforementioned issues with the introduction of its global, blockchain-based, decentralized network, complete with its own ecosystem and currency. DIW holders will be able to access the network anonymously, gaining access to a Secure Vault, where they will be able to securely store their entire ‘Virtual Life’ including sensitive documents such as passports, contracts, electronic health records and login details.
The DIW Token, an ERC-20, Ethereum based utility token, will be introduced to be the preferred method of payment within the entire DIW network.
Ensured advantages of the DIW decentralized community:
Basic groundwork includes the preparation of a decentralized network that will progressively host and protect its functions as they are added.
Using a tactical approach to tackle their progress successfully, they have divided their planned development sections into 5 phases, which are:
DIW intends to offer its account holders a highly encrypted, secure and private decentralized platform where they may store their digital data and personal information such as identification documents, passwords (key-locker), credit cards, bank details, as well as any other sensitive information (data traditionally saved on vulnerable centralised software that may be accessed by hackers or by its developers).
Their aim is to deploy the DIW network on a peer-to-peer protocol for data distribution, which will be materialized by utilizing DIW holders’ (either individuals or organizations) equipment, both their storage as well as processing power, to maintain the network as well as store and transfer files keeping them encrypted and secured.
Data – Transfer or share
DIW holders will be able to securely transfer or share, in part or in whole, their sensitive personal data contained within their Digital Identification Wallet.
Know-Your-Client (KYC), Know-Your-Supplier (KYS)
The DIW holder will also be able to prepare, upload and maintain within the network all of the necessary documents requested for KYC or KYS processes, as more and more organizations request the latest editions of such information.
Payment Gateway for Crypto and Fiat
Provides a new, secure and exciting medium to website owners to accept payments, in any major currency, fiat or crypto, using the DIW single login decentralized platform.
The DIW platform will feature a rating system for all DIW holders utilizing a complex algorithm that will assess the account holder’s data quality, history of transactions, comments and review depth, increasing trust between parties.
Additional advantages offered by the DIW directory:
Another main feature of the DIW platform is the smart contract – based escrow service that will safeguard transactions between parties. The DIW paid escrow service, will be simple to use but at the same time sophisticated and smart.
The paid escrow service is suitable for the exchange of digital data where transactions will be fully controlled by smart contracts. All of the covered types of transactions will be announced with the launch of thir platform with additional types being added over time.
How it works
A DIW holder, be it a patient or a healthcare professional, will be able to store, update and transfer sensitive health records, by using the DIW Healthcare Module within the DIW platform.
All EHR will – at all times – be highly encrypted, secured and privately stored within the blockchain network.
ICO & TOKEN
|Pre-ICO:||06/03 – 20/03/2018|
|ICO:||27/03 – 10/04/2018|
|DIW Tokens Supply:||1 000 000 000|
|Tokens for crowdfunding:||700 000 000 (70%)|
|Hard Cap:||28 000 000 USD|
|Unsold tokens:||Will be burned|
Read more: Whitepaper
Photochain gives clear advantages over conventional photo stocks to both kinds of users: contributors and customers. Contributors at Photochain benefit from an extremely low fee – only 5% of the selling price. This opportunity to keep 95% of the final sale price allows contributors to offer their work cheaper, and consequently, the market becomes more affordable for customers.
PHOTOCHAIN BENEFITS FOR ARTISTS
By developing the Photochain platform, they present the possibility for artists to sell their works directly to their customers, and on their own terms. Photochain is a decentralized platform that uses Smart Contracts based on the Ethereum blockchain. Smart Contracts ensures the security of transactions on the platform. When a sale is made, the seller is paid, and the buyer receives the purchased picture simultaneously.
With all currently existing stock photography platforms, the only way that security in transactions can be ensured is via central control. Compared to that, they are creating a platform that works autonomously, securely and efficiently based on predefined rules.
They are developing the Photochain Dopp on the Ethereum blockchain. Additionally, Photochain also uses computer vision (machine learning) to fulfill the specific technical requirements of stock photography.
For this they determine that Photochain Governance will not take part in any of the following activities when using the Dopp Smart Contract:
Photochain Governance is authorized to undertake the following activities:
They place great importance on the onboarding of the Photochain DApp as being simple in design. When opening the web client, the user can either generate a new address in the Ethereum Network or import an existing address.
The Photochain DApp is a platform specialized in the trade of stock photography, in which processes are reduced to a necessary minimum in order to guarantee simplicity and transparency.
The payment (or rewarding) process is kept simple. After selecting the works of interest to them, the buyer is prompted to reward the sum in PHT. The PHT tokens are the means of a reward of the Photochain DApp and can be purchased in the Crowdsale.
Further along the process in developing the Photochain DApp, they will offer an exchange service between cryptocurrencies within the Photochain Wallet module.
The Photochain Governance is developing the new version of the DApp clients, offering new microservices and maintaining the vitality of the platform until Photochain has finished transitioning into a DAO.
The 5% fee is divided as follows:
They formulate the design requirements for the Photochain DApp. The requirements result from the current issues associated with the microstock photography.
A “decentralized autonomous organization” (DAO) is an organization governed by an initial set of rules and codified into Smart Contracts. In their role as Photochain Governance, they made it their goal to guide Photochain DApp toward DAO.
PHOTON token is the means of rewarding used across the Photochain Ecosystem. Any type of transaction on the platform will require the use of PHOTON Tokens.
The PHT token is based on the following core properties:
|Name:||PHOTON Token (PHT)|
|Hard Cap:||230,000,000 PHT token to be issued|
|Release date:||Their Token Generation Event will take place right after the end of the Main Sale Event. It may take up to 60 days to distribute the PHOTON tokens to contributors.|
|Represented value:||Tokenization of photography services|
Read more: Whitepaper
Crypto Trading Is an Established Business Model
XchangeRate Bridges the Gap
Successful Trading Needs…
Cryptocurrency has grown at an exponential rate in 2017. The total market capitalization of cryptocurrencies grew from about $17.74 billion in January to over $512 billion in early December . Significant growth of the cryptocurrency and blockchain technology market is predicted to continue. One estimate shows a compound annual growth rate of 35.2% during the forecast period of 2016-2022, aggregating $42.16 billion by 2022 . Another estimate expects the market to grow to $51 billion by 2023 . By 2025, total market capitalization could exceed $5 trillion, as crypto wallet penetration is expected to exceed 5% of the world’s population and asset-backed cryptocurrencies give rise to trading asset tokens .
3 Cryptocurrency has grown at an exponential rate in 2017. The total market capitalization of cryptocurrencies grew from about $17.74 billion in January to over $512 billion in early December . Significant growth of the cryptocurrency and blockchain technology market is predicted to continue. One estimate shows a compound annual growth rate of 35.2% during the forecast period of 2016-2022, aggregating $42.16 billion by 2022 . Another estimate expects the market to grow to $51 billion by 2023 .
By 2025, total market capitalization could exceed $5 trillion, as crypto wallet penetration is expected to exceed 5% of the world’s population and asset-backed cryptocurrencies give rise to trading asset tokens . The growth of this global phenomenon has been driven in part by Bitcoin, which sold for as much as $1003.08 per coin in January 2017 and reached a historical high of $20089 in December .
While Bitcoin retained at least 50% of the market share during the second half of 2017, altcoins have experienced significant growth as well. CoinMarketCap currently tracks 1550 cryptocurrencies , up from 617 at the start of the year .
The first Augmented Intelligence platform SaaS App that brings intelligently analysed data to the trader using automation and decentralized strategy sharing.
XchangeRate is a platform designed by traders for traders. Automated filter settings comes with a preset strategy that requires minimal efforts.
XchangeRate parses through the metric attributes of each coin on the exchange and loops through the strategy filter for entry signals and rates them on a scale of preference and fires a trigger through qualifying positions, loops the criteria using automation on entry and exits and in rounds and cycles.
Adopting a strategy is one thing. Getting it into the market flow is another. XchangeRate provides tools to test strategies and filters with real market conditions and tests the strategy outcomes.
XchangeRate.io is a data-driven robot that makes decisions based on the ‘buy’ and ‘sell’ attitudes on the cryptocurrency exchanges and user parameters.
The robot has 4 areas:
HOW IT WORKS
XchangeRate frees the trader from the complexity of reading graphs and charts and helps the trader with readable data easy to interpret for immediate automated or informed decisions.
The XchangeRate business model combines the subscription model and the internal value chain of tokenized-incentive-based strategy model.
To expand XchangeRate.io’s vision and reach, they are launching a Token sale to issue XchangeRate tokens (XRR) on the Ethereum Blockchain. ERC20 XchangeRate tokens will be issued by smart-contract at the end of the Token sale (May 2018).
XRR is built as an ERC20 token on the Ethereum blockchain.
|1 BTC||260,000 XRR|
|1 ETH||26,000 XRR|
|Current bonus||0 %|
|Token Type||Utility token|
|Maximum supply||250,000,000 XRR|
|Tokens available in Pre-ICO||40,000,000 XRR|
|Tokens available in ICO||160,000,000 XRR|
|Pre-ICO Hard Cap||2000 ETH|
|ICO Hard Cap||16000 ETH|
Read more: Whitepaper
BTC Bounty Thread: https://bitcointalk.org/index.php?topic=3080546.0
Their offer is to:
How to make money on cryptocurrency Markets, by using a secure trading and an Exchange Platform, taking care of your domestic internal revenue services and converting your cryptocurrencies into all traditional assets without any risk of suspicion in Money Laundering.
European Crypto Bank will be a pan-European Wealth Management and Private Banking in a New Economy expanding, day after day, to 8 Trillion Euros.
Nowadays, the whole World Market on Cryptocurrencies (Bitcoin, Ethereum, Litecoin, Ripple, Dash…) is around $ 550.000.000.000 (*) and the Market require some new Exchange and Trading Platforms, some new sources of Cryptocurrency Independent Analysis.
The access to the ICO Market can offer them a unique opportunity to realize an ambitious and scalable Project of Investment.
With ECB, anyone in the world should be proud to have made some money on a Crypto Exchange. They believe they have a place in the Crypto World with a revolutionary offer, such as a Crypto Private Bank with all services that are supposed to be provided by a traditional private bank.
ECB Cryptocurrencies Trading and Exchange platform is a secured website to buy/sell or exchange cryptocurrencies and other currencies as US Dollars, Euros and other assets.
Strict KYC rules that require the user to verify all ID.
They think, with their Token S or Token I, Token holders will see the value or quantity of their tokens increase with their annual reward or buyback.
If you keep them you will enjoy all of their services.
They aim to bring the Cryptocurrencies and the Blockchain products and services to the masses, by providing an easy-to-use one-stop-solution, that is suitable for individuals and businesses, regardless their level of experience, by respecting the Law Tax Rules in their own countries and by avoiding any case of Money Laundering.
The aim of ECB is to:
Start a change in the Market, so that the wide range of non-technical customers could take advantage of the several opportunities that Cryptocurrency and the blockchain industries offer.
They can also supply Financial and Cryptocurrency Analysis and they are determined to provide a highly reliable quality level in Tax Reporting and Tax Advisory on Crypto Trades and Benefits, for the UK, French and Italian investors, from the very beginning of their activity.
The ECB platform has all the prerequisites to succeed and to keep a leading position among the industry players, thanks to its thorough strategic planning, and to its creative and dedicated Founding Team.
The ECB business model implies combining the top of the line products and services with an Incentive-Based Marketing Model.
Main Revenue Streams (Fees):
THEIR EXPECTED TURNOVER
|Token sale volume:||5,000,000 to 200 000 000 Euros|
|Token Sales Volume during ICO:||7 936 507 to 345 414 463|
|Total emission Volume:||15 873 014 to 677 283 261|
|Sale Geography:||Whole word except the USA|
|Price of the token upon sale:||EUR 0,63|
|Distribution of tokens:||Crowndsale members 51% The company 24% The Team 23% Bounty Program 2%|
|Smart Contract:||The address of the smart contract ETH 20 will be available before the beginning of the crowdsale on the project website|
|Payment Methods:||BTC, ETH, ETC, LTC, XRP, DASH, BCC and FIAT|
Read more: Whitepaper
European Crypto Bank Campaign: https://bountyhive.io/join/European%20Crypto%20Bank]]>
The GYM Rewards app is a patent pending app that rewards you for exercising at the GYM by introducing Proof of Exercise to the blockchain. The more you exercise at the GYM, the more GYM Coins you will earn. GYM Coins are redeemable at your local participating gyms and will be tradable at participating cryptocurrency exchanges. The GYM Rewards ICO Token is an Ethereum ERC20 token. The GYM Rewards app token is from the Plata Blockchain, an Ethereum fork that will be minable by a Proof of Exercise component within the Token and the Mobile App.
They love Ethereum, however, their new Blockchain will introduce the following features not available in Ethereum: 1. Proof of Exercise 2. Free Contract Submissions 3. Token Transaction fees are based on the token itself, not on the blockchain coin.
The GYM Token allows for Proof or Work (POW). The POE is a contract-based rewards system that it’s activated by detecting locations in the geolocation coordinates contract and using heartbeats via the GYM mobile App to deliver block rewards once the time of required work has been met.
Token earning structure estimates, these are based on mining difficulty, therefore the fewer tokens you can earn the more valuable they will become.
Their goal is to motivate people into exercising and becoming healthy with currency and to compensate those who are taking care of themselves every day.
When they started thinking about their project they had one thing in mind. What can they do so the big mining farms stop getting all of the market shares? The main reason they all love cryptocurrency is that it skips the middleman, and because, they thought they would be able to actually eliminate the unfair distribution of currency.
By leveraging the Ethereum Blockchain they have developed a Decentralized Proof of Exercise Token with an innovative mobile app that allows you to mine GYM cryptocurrency with your body. They have developed the GYM Rewards app that rewards you for exercising at the GYM by introducing a Proof of Exercise ERC20 token. The more you exercise at the GYM, the more GYM tokens you will earn.
Easily make money at your local gym.
Easily become an event manager and make money by submitting events. (marathons, triathlons, etc.)
Easily submit your local GYM for approval. Your local GYM is not a participant? Great news for you, you can become its sponsor and make money from all of its mining.
THE GYM REWARDS APPLICATION
The ultimate goal of GYM is to be the all-in-one solution to pay athletes for their exercise, provide wallet to manage their earnings and optimize their exercise routines.
They are all equal, the only thing that will differentiate who owns more currency will be measured by the sweat of their exercises.
|Hard cap:||15,000 ETH|
|Soft cap:||100 ETH|
Read more: Whitepaper
GymRewards Campaign: https://bountyhive.io/join/GymRewards
Artificial Intelligence (AI) happens to be the next big thing. AI is all about data. Datasets used for machine learning are still labeled by hand, which requires a lot of effort. This creates a lot of friction: labeling quality is not guaranteed, and the initial source data is not secured. Dbrain allows people to work together in secure, seamless, integrated processes for buying, designing, and building AI apps, from start to finish.
Dbrain is an open blockchain platform that links crowd workers and data scientists enabling them to transform raw data into real-world AI solutions. Crowdworkers do simple tasks of data labeling and validation and are paid instantly in cryptocurrency for their work.
Blockchain technology helps them meet many of AI’s current challenges. Using the blockchain, they can confidently manage high-quality data labeling, security concerns, intellectual property rights, and international micropayments.
They use blockchain protocols and an in-house cryptocurrency to power the AI production cycle. The SPOCK protocol validates data label quality, ensuring the most accurate datasets possible. The PICARD protocol ensures the security of confidential data and automatically manages relations and fair revenue distribution between stakeholders. Dbraincoin (DBR) is an ERC-20 cryptocurrency to exchange for work, datasets, and AI app usage.
Anyone with a connected device can join Dbrain and get a role in building Industry 4.0. Their platform connects exploding demand for hand-labeled AI data with the abundant supply of global crowd workers.
Blockchain technology helps them meet many of AI’s current challenges. Using existing commercial computation infrastructure allows them to build an affordable, scalable toolkit for developing, integrating, and deploying AI apps.
Dbrain guarantees a quality of datasets without any work duplication. To align the incentives for crowd workers, validators, AI developers, and data owners, Dbrain implements the Subjective Proof of Crowdwork Protocol (SPOCK), which validates data quality automatically and guarantees real-time, fair, transparent billing to workers and data owners.
The supply of online crowd work is abundant globally. The World Bank estimates that in 2013 the minimum total supply of crowd work was $239B, while the market demand in 2016 was $4.8B, or 50 times less than the work supply. Only demand limits the market growth.
Global job automation trends and widespread internet penetration in emerging markets accelerate the transformation of the classic employment model into an online work model, which is divided into small, well-defined tasks, most of which do not require any special expertise.
Dbrain is an open blockchain platform for turning raw data into real-world AI solutions. They make AI accessible to businesses and allow anyone to earn money for their effort.
Dbrain levels the playing field for all participants on the AI market. The Dbrain platform works on the Ethereum network and relies on its smart contracts. They are building a scalable permissioned blockchain anchored to the Ethereum network via state channels.
To align the incentives of crowd workers, validators, AI developers and dataset owners, Dbrain implements the Subjective Proof of Crowdwork Protocol (SPOCK), which automatically verifies data quality and guarantees real-time, fair and transparent billing to workers and task requesters.
The Protocol for indirect controlled access to repository data (PICARD) protects datasets and AI applications hosted on the Dbrain platform and allows data scientists to train AI models using the datasets without downloading them, and to sell AI solutions to business clients later.
Dbraincoin (DBR) is implemented as a standard ERC20 token. The total number of Dbraincoins in existence is fixed.
There are a few large existing crowd work platforms that are mostly used for AI-related tasks (e.g., Amazon Mechanical Turk, Yandex.Toloka). However, they fail to meet most of AI developers’ needs.
The Dbrain platform provides a scalable and accessible infrastructure to supercharge businesses with high-quality AI, integrated via a convenient API. They offer a wide range of turnkey and custom AI solutions, integration, and customization for their clients’ particular needs. Static image recognition, video surveillance and action detection, medical data processing, and content analysis of text streams, which currently lack working solutions would benefit from business-ready AI solutions.
Their AI platform will save clients much more than the commission they charge because they do not have to set up any infrastructure for data labeling, AI development, training, and deployment.
Read more: Whitepaper
Dbrain Campaign: https://bountyhive.io/join/Dbrain]]>