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January 1, 2019 00: 30 & nbspUTC
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January 1, 2019 at 00: 30 & nbspUTC
Blockchain and cryptocurrencies are gaining ground in the technological world, as well as artificial intelligence. The use of AI is becoming more and more widespread in the technological ecosystem. Companies are increasingly looking to integrate artificial intelligence into their products and services to remain competitive. Various startups are not working to democratize access to the data sets and algorithms needed to train artificial intelligence models. in order to develop AI applications, companies need to access huge data sets that was also the way The facial recognition algorithm of Facebook auto-tags new photos or the way Google uses in-depth learning pinch its classification algorithm. In order to mas these predictive models are required huge data sets, that's why technology giants like Facebook, Amazon, Microsoft and Apple (FAMGA) and Baidu, Alibaba and Tencent in China (BAT) they are leaders in the field of IA.
Using CB Insights data, here are examples of 7 companies that are now exploring this new frontier at the intersection of blockchain, AI and data marketplaces.
You can also read: Best Altcoins to invest in 2019
Enigma
Enigma is an operating data management and intelligence company that inserts data in the context of the real world and connects them. They have a $ 25 million venture capital loan and $ 45 million in token sale. The investors in question are Plug and Play Accelerator, Pantera Capital. They are building a data market that allows computing out of the chain safely. From now on, data sharing between parties is often a risky and irreversible process in which someone who buys data on a market could distribute them, creating a free-rider problem. Recently released, the new data marketplace of Enigma Catalyst allows companies and organizations to provide data that users can subscribe to and consume through smart contracts.
Given
Datum, which is a global data market, allows users to earn money from their data as a company and has a $ 7.2 million funding to sell tokens. The company now boasts over 90,000 people who use its app to monetize their consumer data with pre-selected partners. The company is now making new forays into the world of artificial intelligence.
NuCypher
NuCypher, which receives investment from Y Combinator, Base Ventures, Fusion Fund, Compound, Polychain Capital, and Novogratz Family Office, has a $ 5 million risk capital loan and quite similar to privacy levels such as Enigma, NuCypher, provides proxy re-encryption for distributed data networks, bringing private data to public blockchains and facilitating secure data sharing between businesses.
Numerai
Numerai entrusts the machine learning problems to a global community of data scientists and then combines the results in an AI meta-model to act as a long / short equity hedge fund. They have been incentive and rewarding in the native token of Numeraire, which allows data scientists to understand how effective they are in believing that their model is and shares the measured gains over the amount targeted. Their investors are First Capital Capital, Union Square Ventures, NKM Capital and have a $ 7.5 million venture capital loan.
You can also read: 10 differences between Ethereum and Ethereum Classic
Oceanic protocol
This company, which has a turnover of 10.4 million dollars, provides an ecosystem to share and monetize data. Provides a tokenised service level that helps unlock data sharing, especially for artificial intelligence. It is designed to resize and use blockchain technology to share and sell data securely, securely and transparently.
Calctable Labs
The Computable Labs that have investors like Lux Capital, Compound, Pantera, Blockchain Capital are building new Internet infrastructures to democratize data access and artificial intelligence algorithms. The company plans to provide a token curated registry (TCR) that serves as a hub for buying and selling data.
There are many companies coming in 2019, which are now entering the blockchain and artificial intelligence and it is more and more overwhelming to see more and more companies emerge.
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Rishma Banerjee
Rishma is currently pursuing a degree in International Relations and has a special place in her life to sift through all sorts of random curios, thank you very much.
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