Review on Cortex by Celil Ozturk

Name: Cortex
Item: Cortex
Rating: 4

August 27, 2018

Cortex project and its team are building a decentralized AI autonomous system…

Cortex project and its team are building a decentralized AI autonomous system to revolutionize the capabilities of smart contract technology. Through the Cortex public blockchain, users will be able to augment their smart contracts with AI which enabling the creation of cognitive and intelligent dapps that react to external and internal variables. Cortex will not only improve the blockchain technologies, but also create an augmented force capable of revolutionizing simulation, data privacy, and machine learning.
As Cortex users collaborate and share their knowledge on Artificial Intelligence modeling, Cortex’s platform will be a truly collective effort to realize Artificial General Intelligence and a breeding ground for breakthroughs in AI technology. Users are incentivized to share and optimize Artificial Intelligence models through Endorphins, a similar mechanism as Gas for Ethereum. Not to mention that miners also get Endorphine for mining the block!
Cortex is one of the most promising projects in 2018. Their incentivized ecosystem will bear witness to a global effort to progress with machine-learning and AI systems, as users and researchers benefit from the Cortex economy. Cortex is an advanced and highly transformative project that is positioned to take both blockchains and Artificial Intelligence to unimaginable heights.
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Cortex is a decentralized AI autonomous system. The blockchain wants to make AI consensus available for contracts. Traditional EVM is not able to run a smart contract on full node with complex inference computation, since the computational load is too heavy on CPU for a full node. The Cortex VM enables those inference instructions running on GPU / FPGA. The model conversion between different framework, like TensorFlow or MXNet, would be done by the team. The fee for a contract using those inference instruction set is going to be designed for GPU / FPGA. The team will also provide a basic model zoo with world class quality. 
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Pros

Current blockchain contracts are limited to simple contract computations, limiting the application of real-world artificial intelligence (AI). Cortex aims to change this by implementing a machine-learning platform, called Cortex, which would feature smart AI contracts and allow users to easily add their own smart contracts. In addition, it provides machine-learning models on the blockchain for users to infer using smart contracts on Cortex’s blockchain.

Cons

n addition, as the use of AI continues to increase, one of the concerns is that it would all be under the control of one or two main corporations and everyone would be subject to the whim of those corporations. Ziqi Chen, CEO of Cortex, explains that blockchain can solve this concern: “With blockchain, AI can be decentralized.