Review on SingularityNET by LUIS RIVERO R
Promising artificial intelligence project.
The development of this type of project can revolutionize the industry of both blockchain and artificial intelligence. It is currently a product that is in greater demand, however small industries cannot afford this type of technology, more and more artificial intelligence dominates the network and the internet. of things.
It has important worldwide associations such as cisco and mentions in important institutions worldwide that highlight the innovative role that SingularityNET represents within a few years this market will be in the hands of few companies so it is a good time to support this type of projects, which in general terms seek to create a decentralized AI service. In this sense, this project was born
The token of the platform is really useful since it is needed to generate and validate transactions, when carrying out voting processes to guarantee decentralized governance, and most importantly for some, it is an incentive asset for users and providers of their platform.
It is interesting to highlight their philosophy, and their support with the SingularityNet Foundation, in which they affirm that artificial intelligence should not be dominated by some companies that centralize this process, but rather a common good. The platform runs as smart contracts that will allow you to safeguard data and use your AI
Pros
- Decentralized artificial intelligence.
- Receive profits by providing services to this decentralized protocol.
- The developers of this project are known for The famous Robot sophia.
- Token has utility within the ecosystem, it is necessary to process data, incentivize and decentralize government.
- Reduction of costs related to AI.
- Project and test version, even without official launch of all its protocol.
Cons
- There are currently many projects that are developing AI-related features.
