ObEN, the leading US firm in personal AI (PAI) which was invested in by Tencent, has recently announced its plan to build a Blockchain lab with Qtum. ObEN’s has raised over 21 million USD with funding from Tencent, SoftBank & others. ObEN’s developers have been focusing on Project PAI’s applications supported by blockchain technologies for over a year. According to ObEN and Project PAI, the 2 most popular IPs, AI & Blockchain could be combined perfectly.
The PAI Blockchain Protocol is built with the intention to streamline AI technologies, machine learning, and deep-learning together in a user-friendly, individual-first approach. Three core components make up the landscape of the AI-enabled Blockchain: (1) Authentication (2) Transaction (3) Data. As the most important core component, the transaction layer could realize the parallel computation of AI by blockchain hashrate, which could efficiently lower the cost of AI computation and value the hashrate.
Project PAI was co-launched by Adam Zheng, the founder of ObEN, and it will be responsible to deal with a huge amount of AI computation from ObEN. For example, ObEN’s users could upload their own pictures and voices through the Project PAI’s Blockchain to build their AI images. The AI computation work for building AI images will be allocated to Project PAI’s miners through smart contracts. The progress for those miners to complete the AI computation work with hashrate will be similar to Bitcoin mining.
“If those applications based on Blockchain technologies that are containing tons of data not executed by AI arithmetic, they will have to find the 3rd parties. This is not the true decentralization. At the same time, the AI technology won’t step forward without huge amount of data,” said Adam Zheng.
“At Project PAI, the blockchain is the underlying structure, and AI is the integrated network on the underlying structure which make its so different from other blockchains. The powerful blockchain provides the trust of AI to the users, which let the users to be willing to provide their data, and then the data could contribute back to the AI, bringing benefits to the users. It’s like a virtuous circle.”
“Project PAI is an asset-based Blockchain, which everyone’s data is their own asset, and its AI technologies is ‘trained’ by data, are users’ own assets as well. The more PAI users, the more AIs of PAI, the higher the value of PAI’s assets will be.”
Project PAI’s technical development is led Alex Waters, who has been participating in Bitcoin core’s development since 2010. Waters also founded Bitcoin payments company Coin.co, as well as bitcoin due diligence firm Coin Validation.
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