Artificial intelligence is everywhere. Instead of the old phrase “Software is eating the world,” it’s now more like AI is eating the world. It is becoming a part of our lives in many ways. However, there are not many AI-based projects in cryptocurrency. But today we are working on a great new project called Openfabric AI, which brings AI and cryptocurrency together.
Let’s take a look at what Openfabric has to offer. And that’s a lot.
What is Open Fabric AI?
Open Fabric AI Unleash the full potential of AI in cryptocurrency. It does this by first becoming a decentralized marketplace. Any complete protocol or AI agent that is ready for market can promote their project here for others to use. It’s a decentralized approach that we really like.
And it would be pretty cool if that was all they did. More marketplaces like this are needed, especially for cryptocurrency payments for using AI services. After all, if we can automate and digitize services through AI, why can’t we make payments for those services? This could turn out to be the best use case for cryptocurrency. But Openfabric does more than that.
AI infrastructure
Openfabric also provides AI infrastructure that can help others in the app building process. This includes:
– AI Innovator: We create AI algorithms that can solve real business problems.
– data provider: Provides and distributes data required for AI testing and training.
– infrastructure provider: Provides the hardware needed to train and test AI algorithms.
– service consumer: They are the end users who leverage AI to power their businesses and lives.
The goal here is to make AI applications accessible to as many people as possible.
Custom AI apps
We then have a separate team that will build custom AI apps using the infrastructure mentioned above. Have an idea for an AI use case but can’t code? Openfabric builds it for you.
seclusion
I don’t know about you, but I’m a little worried about giving too much personal information to OpenAI when asking a question on ChatGPT. Probably most of you do too. Openfabric uses TEE, or Trusted Execution Environment, to keep AI data private. Do you know who else uses TEE? One of our favorite privacy projects is secret network. This is one of the best privacy technology sets.
Some cool new use cases for AI
One of Openfabric’s more interesting projects deals with the human genome. in this projectOpenFabric created an artificial genome by predicting the protein structure of some DNA in the genome. Think about how valuable that would be for further research. We don’t need people to donate cells or blood to conduct this important research. Some models are fine-tuned through AI. It’s pretty amazing.
Drug remediation is another large-scale project focus for the Openfabric team. their Drug discovery AI app Researchers can determine, for example, how toxic a treatment is to patients. Or how does this interact with other medications? This could be a huge leap forward in drug discovery and drug safety.
🚀 Introducing the Openfabric AI Drug Discovery app!
Creating a pharmaceutical revolution with AI ⭐️
Thread 🧵 pic.twitter.com/0ohPzkwZ0i
— Open Fabric AI (@openfabricai) August 3, 2023
conclusion
You can see there’s a lot going on at Openfabric. I especially like that you have enabled privacy features for work. We also like that we can help you bring your app or build your app. Add to this the team’s own cutting-edge research, and you have a great recipe for success. This isn’t just an AI buzzword. This is true productivity, building real apps that help people.
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disclaimer
Information discussed on Altcoin Buzz is not financial advice. It is for educational, entertainment and informational purposes only. Any information or strategies are thoughts and opinions relative to the risk tolerance of the author/reviewer, whose risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of investments made directly or indirectly in connection with the information provided. Bitcoin and other cryptocurrencies are high-risk investments, so please exercise caution. This post is sponsored by Openfabric.AI.
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