Artificial Intelligence (AI), sometimes also called machine intelligence, is an umbrella term referring to technology and research into “intelligent agents”, any device that perceives its environment and takes actions that maximize its chance of successfully achieving its goals.
In more simplistic terms, AI is the ability of a machine or a computer program to think and learn. AI has numerous purposes in today’s world.
From handling financial operations in banks, through providing virtual personal healthcare assistance, to air transport and heavy industry, AI is making life easier for everyone.
Paired with blockchain technology, AI can be better understood by humans, operate more efficiently, and make blockchains themselves more efficient.
So let’s take a look at some of the best project implementing blockchain in this important sphere.
1. SingularityNET (AGI)
SingularityNET (AGI) is an open-source protocol and collection of smart contracts for a decentralized marketplace of coordinated AI algorithms and services.
Famous for raising around $36M USD in their ICO that lasted only for a single day in December 2017, SingularityNET became something of a superstar in the blockchain world.
Trying to solve the problem of AI companies creating their services and libraries independently, SingularityNET aims to become a collection of many AI services in one where people can use tokens to purchase these services.
A year since their ICO, they have drawn massive success and will continue to do so, with an excellent team behind the scenes.
2. Savedroid (SVD)
Savedroid (SVD) is a FinTech company specializing in AI-fuelled ecosystem for cryptocurrency saving and investing.
Providing easy access to AI-based crypto saving plans in BTC, ETH, BTC Cash, Ripple, LTC, and more, Savedroid aims to provide the convenience of automatical converting of savings into cryptocurrencies, securely storing them, and making them easily accessible for trading and spending.
They already have a beta app available for Android devices, and we can soon expect the iOS version as well.
The team seems to be doing a great job and makes sure they involve the public by giving them all the details about how things work on their social media and blog.
Provided they keep up with the good work, there’s nothing standing between Savedroid and success.
- Self-learning AI algorithm enabling smart saving and spending in and across cryptocurrencies, providing hassle-free crypto switching and payments
3. Neuromation (NTK)
Neuromation (NTK) is a distributed synthetic data platform for deep learning applications.
For now, they only have the demo available, but once the platform is fully up-and-running, the Neuromation team plans to provide its users with a possibility to create dataset generators, generate massive datasets, train deep learning models, as well as to trade datasets and models on the platform marketplace.
Its NTK token will be used for conducting all transactions on the platform and they also plan to involve cryptocurrency miners in computationally intensive tasks of data generation and model training.
Given that the team is very strong, with all the necessary skills to successfully build the project, and we’re pretty sure we’ll hear more about them once their platform is complete.
- NeuroToken (NTK) will migrate to its own blockchain. Neuromation platform v3. Launched with 100,000 GPU capacity deployed
4. Õpet Foundation (OPET)
Õpet (OPET) is a decentralized AI platform with the main function to create a customized learning environment for students.
The target audience ranging from Grade 9-10 and 11-12 will have access to personalized learning aids powered by machine learning and AI. All this would be affordable for the students, providing equal opportunities for all.
The platform is not yet operational, but it is still in its ICO phase, so we think it’s worth waiting for.
It is an interesting and altruistic idea with a potentially large user base and a well-developed plan that we can’t wait to see in motion.
5. Cryptoindex (CIX100)
Cryptoindex (CIX100) is an AI-based service listing top 100 crypto coins on the market in real-time.
Build on an intuitive platform and controlled by a highly sophisticated neural network algorithm called Zorax, Cryptoindex allows crypto investors to manage their portfolios by analyzing thousands of trades and signals every second and basing its decision on over 200 factors to rebalance the coins on the list, adding more promising coins and removing the inefficient ones.
This way the platform aims to solve the problem of getting honest feedback for crypto projects. Cryptoindex provides a good index service that can stand shoulder-to-shoulder with giants offering equity, fixed income, or commodity indexes.
Although the website is IP-blocking some countries, we’re certain the team will fix this in the future and make their amazing platform accessible to everyone.
By Sead Fadilpasic
Disclaimer by the Author:
This is not an investment advice or promotion to ICO or Cryptocurrencies or any other investment in any form. These views are based on Author’s own research and readers must execute caution & suggested to do their own research during any investments.