Effect.Ai is a decentralized network for Artificial Intelligence(AI) powered be NEO.This network replaces several existing services and totally free of charge ; it has a low barrier of entry and provide fast growth of industry. These targets are accomplished by three platforms managed by NEO blockchain and are fuelled by a network token named EFX. The Effect Network can be deployed and used as a decentralized application. In order of sustainability of the and the growth of the network, some sort of governance is essential. If not, EFX tokens will not be used for the purposes of AI tasks.Effect Network can be used for sensitive information due to provision of privacy to,
• Data sets
• User ratings
The Requestersof the Effect Network are rewarded for the amount of effort and work they perform unless submitting large quantities of work with poor quality. In order to overcome this, Users that put with great effort will get a higher Effect.AI reputational score (ERS) while others will get lower ERS as per their commitment. So the workers with higher ERS, will have to pay a lower fee for the EFX tokens and vice versa. Workers that deliver similar Human Intelligence Tasks (HIT)performances are credited with ERS.
Accordingly the first is a marketplace for tasks which require human intelligence. This is accessible to any business in the world, paying a fair amount and to a large workforce of human intelligence. The second platform is a decentralized registry of Artificial Intelligence services described by a rich ontology. This service as a platform for any algorithm in an unified manner and receiving payments are way too convenient. The third one is a decentralized, distributed computational platform in which deep learning frameworks can be run. By the effect of this will determine future relationships with humans and AI.
The Effect.AIl Mechanical Turk (EMT)platform is a decentralized , peer to peer marketplace used to perform tasks which require human intelligence. This provides similar centralized services like Amazon Mechanical Turkhttps://www.mturk.com/, Fiverrhttps://www.fiverr.com/, Crowdsourcehttps://www.crowdsource.com/ and Guru.comhttps://www.guru.com/. This uses crowd sourcing technology which enables Human Intelligence Tasks (HIT) in which Requester scan submit tasks which could be completed by human agents in exchange of compensation and Worker scan accept the tasks from Requester s anytime from anywhere from any device. HIT providers are Requesters and Workers complete the HIT, so they are paid with cryptographic EFX tokens. The Requesters can retrieve the results from EMTplatform and use the obtained results to train their Artificial Intelligence algorithm.The HIT task represent a piece of work which contain any number of media assets. The contract IDof the task will validate the data format while extracting and presenting from the data set is done by user interface.
The Effect.AI Smart Market(ESM) ,decentralized market place where an application owner can register on exchange of their services with AI algorithms. The required funds are transferred to the contract owners in order to get an authorized EFX token ; whereas the EFX tokens will supply AI algorithms and Requesters will provide EFX tokens.
At the final phase, the AI algorithms are computerized to run globally to avoid single failure.
Effect.AI platforms ;being open source , freely accessible , and affordable price will operate and develop intelligent algorithms in future centuries. Through this accessible and decentralized AIl market will be created.
For More Information Visit
Website : http://www.effect.ai/
Whitepaper : http://www.effect.ai/download/effect_whitepaper.pdf
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