NEBULA AI: BLOCKCHAIN MERGES WITH ARTIFICIAL INTELLIGENCE
Blockchain has gained huge acceptance in recent years, and a lot of companies, businesses and emerging projects are leveraging on this decentralized, next generation technology to drive their ideas to the next level.
I have been an ardent follower of blockchain, cryptocurrrencies and crypto powered projects for about 3 years now, and there’s this unique, ground breaking project, that marries blockchain with artificial intelligence. It is the NEBULA AI project!
WHAT IS NEBULA AI ALL ABOUT?
Nebula Artificial intelligence (NBAI) project is aimed at building 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.
2 MAIN COMPONENTS OF THE NBAI
- The NBAI Foundation: supports the development, operation and management of blockchains, development platforms, joint AI laboratories and engineering training centers.
- The NBAI ecosystem: combines high-level applications, such as the DAI application, research and applications, the lower level of the NBAI blockchain, the mining system and the artificial intelligence center
HOW THE NEBULA ECOSYSTEM WORKS
Developers provide users with DAI applications, users pay NBAI tokens or use applications based on rules set by developers for free. Developers transmit NISI tasks in the field of artificial intelligence and pay NBAI tokens based on the estimated costs of NBAI. Then the NBAI will open the tasks, and the miners can receive and process jobs from NBAI, they will get the appropriate size of the NBAI tokens as a reward after the tasks are completed. Customers and miners can Exchange NBAI tokens through the exchange to get a full set of economic incentives with added value.
The usefulness of any project can be measured by it’s ability to solve problems. The Nebula AI project aims to help developers in many areas to develop DAI with higher efficiency, reduced cost, and increased reliability which will eventually lead to increased profitability.
I will like to say that the ideas presented in this article are just a summary of the enormous possibilities that the NEBULA AI project holds. I, therefore, strongly recommend everyone to read through the NEBULA AI whitepaper for a better grasp of this prodigious venture. Below are some other useful links to help you keep abreast with the NEBULA AI project.
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