Technology is continuously evolving and making our life easy and convenient. It is the era of artificial intelligence. Many movies have shown us only the surface capabilities of AI machines. But in depth AI can transform every sphere of our society. That's why many businesses and organisations are very desperate to implement AI into the core applications. AI technology helps to reduce production cost, operational time, eliminate human errors, increase efficiency and quality which ultimately drives more revenue.
Today the world is realizing the power of AI technology. That's why many companies spending billions of dollars to develop the AI system. But still the AI technology have many challenges which needs to be addressed immediately so that we can witness the futuristic technology and transform our life.
Problems
Today the AI technology is still in developing stage, it is not fully gained the momentum. And not everyone can afford it. The AI technology has some pain points which are:
• there is a shortage of AI experts and data professionals in the market creating a huge demand for them. These professionals are very rare and even if you found it becomes very expensive to hire them;
• even today the AI technology is not fully developed and it is very complex to integrate and adopt AI technology into real business solutions;
• all the data science and machine learning tasks are resource intensive and there is a lack of computing power to perform these operations thus additional cloud services are required and they are available at high price;
This shows that many people are interested to implement these technologies into their core applications. In order to solve these above mentioned problems and create a ready-made AI solution a team of professionals have created a project called MindSync.
Project objective
The main aim of the MindSync project is to create a decentralized platform which is committed to solve AI development challenges and provide AI technology available at lower cost.
The MindSync platform solves business problems through AI based solutions. The platform also allows industry experts to communicate with AI specialists. With this they can improve their knowledge and professional growth.
Principle of operation
The MindSync platform establishes a community consists of experts from machine learning (ML), computer vision (CV), deep learning (DL), data science (DS) and natural language processing (NLP). This community is a one stop solution for customers to get a perfect AI based solution for their business, to share experience and improve the competence.
The platform also provides many readymade solutions to businesses at low cost. This solution is not expensive and available for everyone at free of cost. The platform also allows to exchange the computing power between participants, which helps to reduce computation cost by three times.
Blockchain deployment
Firstly the blockchain technology brings transparency, security and integrity in data. Secondly the persistence in hashes and computing all data allows to check its authenticity and preservation. And thirdly blockchain implementation helps to reduce operational costs. Increases trust in the system and increases the revenue.
ICO details
• Token ticker: MAI
• Platform: ERC20
• Total tokens: 1 billion
• Token price: $0.14
Token distribution
Conclusion
Artificial intelligence is the future and many industry have realised the true potential and capabilities of this technology. That's why many industries are spending billions of dollars in developing AI based solutions. In 2018, $24 billion dollars spent and it is expected to reach $77 billion by 2022. In this era of AI, MindSync platform will play an important role in providing readymade AI solutions to businesses at lower cost.
The project team is highly experienced and have the ability to drive the project to success. It's the project that will transform the AI technology. This project needs much public attention and I wish all the best fit this project.
Learn more about MindSync:
Website: https://mindsync.ai
Read Whitepaper: https://mindsync.ai/docs/whitepaper.pdf
ANN thread: https://bitcointalk.org/index.php?topic=5083833/
Telegram: http://t.me/mindsync_ai
Facebook: https://fb.me/mindsync.ai.official
Twitter: https://twitter.com/mind_sync
Medium: https://medium.com/mindsync-ai/
Instagram: https://www.instagram.com/mindsync.ai/
Reddit: https://www.reddit.com/user/mindsync_ai/
GitHub: https://github.com/mindsync-ai
About Author:
Bitcointalk username: Abhijeetcg
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ETH address: 0x96e95a1F40cf5a50178053740ADE18046815362d
